The US Needs To Borrow Almost $300 Billion This Week

BATTLEFORWORLD – March 27, 2018: The CNN article about “The US Needs To Borrow Almost $300 Billion This Week” is very interesting and timely. All the countries that are expelling Russian diplomats, are they (Denmark, Estonia, Finland, France, Germany, Hungary, Ireland, Italy, Latvia, Lithuania, Netherlands, Poland, Romania, Spain, Sweden, Albania, Australia, Canada, Macedonia, Moldova, Norway and Ukraine) being given money to join the movement whose evidence is based on “highly likely” against Russia being spearheaded by England and the United States? And here the United States need to borrow $294 billion, don’t have in on hand, and is issuing Treasury bonds. Are the people to expect stock market panicking to force countries (and big investors) into buying US debt? (The stock market panicked: March 27, 2018, April 2, 2018, April 4, 2018, April 6, 2018)

Massive Amounts Of Overseas Cash Are About To Pour Into The US – And Provide A Boost To The Dollar

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The US Needs To Borrow Almost $300 Billion This Week

CNN – March 27, 2018:  Uncle Sam needs to borrow a ton of money this week — in the middle of a fight with its biggest creditor.  The United States plans to sell about $294 billion of debt, according to the Treasury Department. That’s the highest for a week since the record set during the 2008 financial crisis.

Federal revenue is declining because of President Trump’s tax cuts, so the government needs to borrow more to make ends meet. At the same time, Washington’s borrowing costs have climbed rapidly in recent months.

“The amount of debt coming on the market this week is extremely large,” said Rick Rieder, global chief investment officer of fixed income at BlackRock, the world’s largest asset manager.

The government is auctioning all this short- and longer-term debt at an awkward time. Last week, Trump vowed to impose wide-ranging tariffs on China, which owns of more Treasury bonds than any foreign country.

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Countries who did not join the fake news “highly likely Skripal poisoning evidence movement” against Russia

SPUTNIKNEWS – March 27, 2018:  However, 12 EU member states, namely, Austria, Belgium, Bulgaria, Cyprus, Greece, Ireland, Switzerland, Luxembourg, Malta, Portugal, Slovakia and Slovenia, have not demonstrated “solidarity” with London and refused to boot out Russian envoys.

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