by This is going to be funny... it’s like they are going to have to go to Congress and say: “hey! we need you to re-suspend the debt ceiling so we can borrow more money than you even need and your borrowing costs can be even higher!“. Yeah that’s going to go over really well...? Scale of T-Bill Drought Hinges on Biden Rescue, Income-Tax Haul? Return of debt limit would require Treasury to slash cash pile? Short-term pressure spills over, pushing Libor to record lowhttps://t.co/vWHgeMRczX— Michael Goodwell (@MichaelGoodwell) April 25, 2021
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
New Economics Foundation writes Is the Labour government delivering on its promises?
John Quiggin writes Dispensing with the US-centric financial system
New Economics Foundation writes Whose growth is it anyway?
Matias Vernengo writes What is heterodox economics?
This is going to be funny... it’s like they are going to have to go to Congress and say: “hey! we need you to re-suspend the debt ceiling so we can borrow more money than you even need and your borrowing costs can be even higher!“.
Yeah that’s going to go over really well...
? Scale of T-Bill Drought Hinges on Biden Rescue, Income-Tax Haul
? Return of debt limit would require Treasury to slash cash pile
? Short-term pressure spills over, pushing Libor to record lowhttps://t.co/vWHgeMRczX
— Michael Goodwell (@MichaelGoodwell) April 25, 2021