If AJM cannot refinance a lousy $200 odd million then who is going to finance the USA governments 18 Trillion dollar short term debt due in 12 months time. Their economy cannot be stimulated by reducing interest rates during the next recession. Quantitative easing won’t be able to happen as interest rates hit negative territory who in his right mind are going to invest money into the USA government at a loss. The USA has no savings either.
Fun times ahead I would probably start doing my own research. Interest rates are expected to go as high as 20 %....... Who knows? The only thing I know is the cause of all of this is government debt.
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