Macro Update: Debt Ceilings and Deficits

#Macro #DebtCeiling #Deficits #FFR #Fed #InterestRates #BalanceSheet #CBDC
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0:00 The Story Today’s macro update will look at deficits and spending and interest rates and either I’m crazy or the governments are delirious.
0:46 US Begins Extraordinary Measures to stay under debt limit
1:23 US Debt Ceiling Pattern Anyone?
1:51 This 1T Deficit is BS
3:08 Budget BS – Totally Underestimated – I reckon 1.5to2 in 2023
3:30 Interest Cost Exploding
4:10 Meanwhile Govt Expects 4% Growth in 2023
4:30 50% Rolling Into Higher Rates
5:15 US Govt Now IOU’ing Itself
5:58 In Bond Market Does Not Believe the Fed News
6:29 Fed Struggles to Reduce Its Balance Sheet
7:00 Govt Not the only one Spending
7:23 EU has a Different Inflation Problem
8:40 Nigerian Naira How’s That CBDC Doing?