The United States government is financing its more than trillion-dollar-a-year borrowing with i.o.u.'s on terms that seem too good to be true.Read the whole thing. When the crunch finally hits, that haunting voice you hear in your head will be Ron Paul saying, "I told you so."
But that happy situation, aided by ultralow interest rates, may not last much longer.
Treasury officials now face a trifecta of headaches: a mountain of new debt, a balloon of short-term borrowings that come due in the months ahead, and interest rates that are sure to climb back to normal as soon as the Federal Reserve decides that the emergency has passed.
Peel the wallpaper border with soft metal or plastic scraper, and not tools like strong metal scrapers or filling knives, which may result in unwanted scratches on the wall. If the Wallpaper border material is fibrous, like paper, you can use a garden sprayer to drench it with the chemical remover, and then remove the remaining residue. Use a wallpaper steamer to reactivate the paste. You can then easily scrape of the paper.
Sunday, November 22, 2009
Ruh-roh: U.S. debts coming due
In the private sector, it's called a "liquidity crisis":
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