Earlier last week I wrote about “The “Debt Ceiling” aka: “special manouvers” of the Fed… I mean, “Treasury” ” In the article I reviewed a few previous articles that have all been relevant to this moment and what seems to be the groundhog day template that we keep seeing over and over again.
Specifically I talked about the Debt Ceiling “Crisis” and about the coming banking closures due to “testing the system”. These bank closures are purported to be taking place on Feb 15-16- this coming weekend. At the moment I was writing that article, Jack Lew had announced that the Treasury was going to be in serious trouble if the debt ceiling wasn’t “raised” by Feb 27th…. Continue reading