Ripple Effect — May 19, 2025
The GOP’s spending bill isn’t quite yet ready for a vote. However, based on the current proposals, total debt could increase from $3.3 trillion to $5.2 trillion.
That may be why Moody’s finally joined the other credit rating agencies in downgrading U.S. debt.
And it may be adding fuel to the bond market fire, with the 30-year Treasury yield topping 5%.
Despite tough talk on getting government spending down, and the billions of dollars in wasteful spending identified by DOGE, none of that matters if actual spending rises. This doesn’t mean a debt crisis overnight. Just like the global shift away from the U.S. dollar, there’s no singular event that historians will be able to identify.
Instead, it’s more like a death by a thousand cuts. The business-as-usual spending out of Washington while the bond market screams that a fix is needed is simply the most recent cut.
-Andrew This single piece of technology could tie all of Elon’s major projects together. Elon himself claims it “will change the world.” But it could also make YOU money. Learn more here now. | P.S. Gold prices are perking higher amid this latest brewing crisis. We still see the strong possibility for gold prices soaring by the end of next year to over $10,000 per ounce. It’s critical to stay informed, and to take the proper action to protect yourself and your wealth. And that you keep a close eye on your stock and bond investments, which may be sensitive to rising bond yields. As always, your reader feedback is welcome: feedback@greyswanfraternity.com (We read all emails. Thanks in advance for your contribution.) How did we get here? Find out in these riveting reads: Demise of the Dollar, Financial Reckoning Day, and Empire of Debt — all three books are now available in their third post-pandemic editions. You might enjoy one or all three.  (Or… simply pre-order Empire of Debt: We Came, We Saw, We Borrowed, now available at Amazon and Barnes & Noble or if you prefer one of these sites: Bookshop.org, Books-A-Million or Target.)
Please send your comments, reactions, opprobrium, vitriol and praise to: feedback@greyswanfraternity.com |
Tidak ada komentar:
Posting Komentar