The Twin Deficits – One Out of Two IS Bad From time to time on this blog, I circle back to the question of the balance of deficits. In my mind, as our economy goes through whatever the “Trump Transition” is, the biggest risk to the bond markets is not from some fear about whether the Treasury will default or whether the US dollar will […]
https://inflationguy.blog/2025..../06/25/the-twin-defi