Next weeks treasury auction is $160 Billion. Maybe there will be little interest. Elena, remember in the late 1990's at IF when we debated the possibility of an auction failing? Hold on to yer hat, we may be just about there. I wonder if the rest of the world is beginning to just our dominance in world finance? Certainly we have been the dominant economy, but it is becoming apparent that we are also incredibly vulnerable and dependent on the Federal government to move us forward.
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