Replies to post #124513 on ajtj99's Market Pulse

[TREND1]

bob3
Bloomberg has chart of fed debt as a percentage
of GDP.
And it was much higher in past history.
Current percent is about mid range if I recall correctly.

Translation:
No big deal.IMHO.

[Initq]

Thanks bob3

That is the Treasury dept. allocation ceiling to shore up Fannie and Freddie. I refer to the other quasi Governmental skull and bones entity responsible for the Alice in wonderland accounting scheme. Under the misleading moniker the Federal Reserve.