Economic Volatility Ahead
The recent debt ceiling bill has averted a crisis but has created a potential problem in the form of a flood of over $1 trillion in treasury bills. This influx of debt could cause dislocation in the market and increase short-term borrowing costs, leading to economic stagnation. Liquidity is being sucked out of the economy, and there may be more bank consolidation and regional bank failures in the future.In this clip
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The Ben Shapiro Show
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