As the US Treasury Runs Out of Creditors, Its Options Dwindle

As the US Treasury Runs Out of Creditors, Its Options Dwindle

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Are the chickens coming home to roost for the US Treasury? As Ryan McMaken noted in a recent Mises Wire article, the United States is in a debt spiral and there’s no easy way out. The problem is multifaceted, but the origin is profligate government spending. While it typically spikes during…

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