Wednesday, August 12, 2009

More On Government Balance Sheets

Yesterday I spoke about the federal governments balance sheet and how its grown since last year.

Here is more evidence that the federal balance sheet is going to get more bloated.

With new debt of $2T for 2009, and $1.6T for 2010, you can see the upward pressure on interest rates. Which makes the job of the FRB that much more difficult.


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