Interest Rates On Soaring Govt Debt To Be Held Down By Conservative Consumers

Thanks to president Trump’s tax cuts and the passing of the $400 billion budget bill in February, the federal budget deficit will climb to an estimated $1.1 trillion in 2019, up from $665 billion in 2017 according to the analysis by the non-partisan Committee for a Responsible Federal Budget. Also see 2018 and 2017 hedge fund letters The deficit will continue to balloon throughout the 2020s hitting an estimated $1.7 trillion by 2028, $200 billion above the previously estimated $1.5 trillion deficit. Chinese Shadow Banks De-Levering, But No One Knows What Lies Beneath China’s Margin Debt Solution: Suspend The Shares…