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Government Debt & Financing

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Article Image News Link • Global, Tyler Durden

Responding indirectly to Jeff Gunlach's late Friday tweet, in which the bond king observed something we had noted previously, namely that "the Fed has not actually bought any Corporate Bonds via the shell company set up to circumvent the restrictions

Article Image News Link • Global by Tyler Durden

As with any piss-broke society that functions purely by taking on massive amounts of debt via money printing to try and keep itself afloat, the next obvious step after Central Banks make "loans" by printing money, is inevitable defaults.

Article Image News Link • Global, Tyler Durden

Pouring gasoline on a fire started by Mitch McConnell last week, when the Senate Majority leader said there would be no taxpayer bailout for US states and that he is open to allowing states to declare bankruptcy - rather than sending governors more f

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