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Recommend 'We're Looking At $700 Billion Just To Pay Interest On The Debt!' (Email)

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On Bernanke's balance sheet bubble.

'How will Bernanke deleverage into this market when the Fed itself owns the bulk of tradeable Treasuries.  Who wants to sell assets into a fragile recovery with the debt continuing to rise. Bernanke will delay, delay, delay!'

Yesterday on CNBC, Rick discusses the burgeoning cost of servicing our ginormous national debt -- $17 trillion is within sight, hell for that matter, $20 trillion isn't very far away.

Meanwhile the Fed's Debt Machine rolls on, lending $3 million per minute.


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