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Piling On The Debt : Online Investing Investing in Gold

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09/24/08 12:46
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Piling On The Debt : Online Investing Investing in Gold

Thank author of this post/commentPiling On The Debt Posted on September 24, 2008 , filed under Stocks | Print This Post The U.S. is currently racking up a massive amount of new debt. Here is the current tally taken by Alex Patelis, an economist at Merrill Lynch: Treasury buying mortgage-related assets: $700bn Potential supplementary stimulus package favoured by Democrats: $100bn Insuring money market funds: $50bn Treasury fortifying the Fed's balance sheet: $100bn Expansion of temporary swap lines with central banks: $180bn.

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• investment • inflation • bailouts • stocks • interest rates • economic system • national debt • stimulus package • money market •
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