$0 (ZERO DOLLARS)

$0 (ZERO DOLLARS)

The United States Treasury had an auction today to sell Treasury Bills for a ten year period.   The Bills were offering 4.005% interest . . . . . . . .

There were NO BIDS.

Nobody . . .  on the entire planet . . .  offered to buy any Treasury Bills.

Nobody wants U.S. Debt anymore.

This will not end well. 

But it will end quickly; for us.

 

 

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