As The US Treasury Runs Out Of Creditors, Its Options Dwindle – OpEd

By Jonathan Newman

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 crises,...