We have been talking about the debt ceiling debate for weeks and it looks like a deal was finally made... well, not so much a deal as a complete caving-in from the Republican side. But that’s not the topic at hand but rather, the Aftershock that comes from reaching the agreement and lifting the ceiling. I am not talking about the long-term effects of an additional $4 Trillion dollars of debt, I am talking about the Re-Apocalypse that could happen over the next 30 days as liquidity is sucked from the system in only 30 days
So in this video, we will break down, what the new debt ceiling means for the US Treasury and their bank accounts, the TGA. We will look at how much debt they will issue when refilling this TGA account, where that money and liquidity get sucked from, will look at what happened in the previous times this happened (it’s not good) and then we will look at what effect this will have on the markets and economy so we don’t get blindsided like the majority of people. But instead, we can position ourselves to profit. Video by Mark Moss.
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