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When does the US National Debt

[Crashcomingsoon]

become a problem?  We may be there now as reflected in the TLT rising yields.

My Comment:  Deficits don't matter until they do and then they really matter.  I',m expecting the national debt to reach $40 Trillion by 2026.  Something's got to give and it probably means a lot of QE and a weaker US$ as the Fed is the buyer of last resort.

What the WSJ Gets Wrong About China with Louis Gave - YouTube

And:

U.S. National Debt Clock 2027 (usdebtclock.org)

[Crashcomingsoon]

The National debt will balloon in the next recession.  Could rates also rise in the next recession? Hartnett: The Endgame Is If The Next Recession Sends Yields Higher, Not Lower, As Markets Discount Fiscal Policy Panic | ZeroHedge "The big risk recession and higher unemployment cause higher not lower long-term government bond yields as markets discount fiscal policy panic