The US national debt will hit $50 trillion by the end of 2027 (~32% increase from today) or I'll try unsuccessfully to delete this note.

Make sure your kids learn how to ladder their fixed income hedges on reverse repo headlines if they are to afford life on the dollar standard. Or just stay humble and stack sats.

GM. Minor stresses for two regional banks seems like a reasonable pretext to print $10 trillion, flatten the yield curve, and bail out the federal government.