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Debt Dilemma: 1/3 of U.S. Government Debt Set to Mature as Auction Sizes Surge by 23% in 2024
Citizen Watch Report ^
Posted on 12/11/2023 6:39:44 PM PST by davikkm
In a concerning development, approximately one-third of the U.S. government’s debt is slated to mature in the next 12 months, posing a potential problem as highlighted by Apollo, one of the world’s largest asset managers. Apollo cautions that as we move into 2024, Treasury auction sizes are projected to be, on average, 23% higher than in 2023.
(Excerpt) Read more at citizenwatchreport.com ...
TOPICS: Business/Economy; Government
KEYWORDS: auction; debt; deficit; governmentdebt; inflation
1
posted on
12/11/2023 6:39:44 PM PST
by
davikkm
To: davikkm
No problem. Just print more money.
We critically need more aircraft carriers, F-35s, money for "struggling families" (illegals) etc.
To: davikkm
low interest debt gets rolled over at higher rates
Moar interest payments
Buckle up
To: davikkm
We’re in a real bad place, now. It won’t go or end well, for us.
4
posted on
12/11/2023 6:49:35 PM PST
by
Carriage Hill
(A society grows great when old men plant trees, in whose shade they know they will never sit.)
To: davikkm
In a concerning development, approximately one-third of the U.S. government’s debt is slated to mature in the next 12 months
The US government will need to sell about $10 trillion in bonds in 2024. There won't be nearly enough buyers on the open market to purchase all those bonds. In 2024, we'll reach a point that the Federal Reserve must fund day-to-day operations of the US government with printed money. US inflation problems have only just begun.
To: davikkm
“Dilemma”? Who are they kidding? Just roll it over. Ad nauseam.
Can, meet the road and foot.
6
posted on
12/11/2023 6:57:18 PM PST
by
ProtectOurFreedom
(“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
To: Steven Tyler
Hyperinflation sooner rather than later. Loaf of bread, $25.
No problem. Carbs aren’t that good for you anyway.
Of course, we might also crash and endure a deflationary depression. Hard to tell which one we’ll get. But the normal, prosperous times are probably gonna be history.
7
posted on
12/11/2023 6:59:11 PM PST
by
Deo volente
("When we see the image of a baby in the womb, we glimpse the majesty of God's creation." Pres. Trump)
To: Steven Tyler
More money we pay ourselves! The Federal Reserve will purchase Treasuries, collect the interest and pay the interest back to the us treasury. That’s how a liberal explained it to me.
8
posted on
12/11/2023 7:38:41 PM PST
by
griswold3
(Truth, Beauty and Goodness. )
To: davikkm
Interest on the National Debt is now over one trillion dollars. I can still remember a time when the entire federal budget was less than that.
9
posted on
12/11/2023 7:41:24 PM PST
by
Nateman
(If the Pedo Profit Mad Moe (pig pee upon him!) was not the Antichrist then he comes in second.)
To: anthropocene_x
...No problem. Just print more money...
Zimbabwe money! Here we come! ( A Yotta is a Trillion, Trillion or 24 zeros)
10
posted on
12/11/2023 7:54:00 PM PST
by
Nateman
(If the Pedo Profit Mad Moe (pig pee upon him!) was not the Antichrist then he comes in second.)
To: Deo volente
yup, one way or another, the hundred trillion (in year 2000 dollars) of unfunded liabilities will melt away as those dollars become worthless
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