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Re: gfp927z post# 1237

Wednesday, 04/17/2024 9:17:43 AM

Wednesday, April 17, 2024 9:17:43 AM

Post# of 1271
gfp: Insiders are privy to more information than the average investor. And if they are selling 50:1 over buying there must be a lot of Insiders who see real trouble on the horizon. At one point Wall Street was predicting 6 interest rate cuts. Then it was 3 cuts. Now it looks doubtful that there will be any cuts. And I've read article suggesting the Fed will be forced into a Japan style Yield Curve Control to keep what the Treasury has to pay in interest on our unpayable debt from eating up 50% or more of the budget. Interest is already the largest line item in the Budget, and with the Treasury having to roll over Trillions at higher rates the interest expense will approach %1.6 Trillion by the end of the year. That's 1/3 of tax receipts. And that's only the carrying cost of all our debt.

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