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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: Banksy 🐝 HONORARY
SHREWD
  😊 😞

Number: of 84361 
Subject: Trump Ponzi Scheme Enters Premium Tier!
Date: 08/14/26 7:55 AM
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No. of Recommendations: 16
"The U.S. Treasury auctioned $25 billion in 30-year bonds at a 5.216% yield, marking a 25-year high that underscores escalating
long-term borrowing costs and mounting national deficit pressures." (This is good right?)

"The US is now paying the highest borrowing costs to sell 30-year bonds since 2001 as investors fret over the country's mounting debt pile under
Trump's administration as well as inflation that remains stubbornly high."

"Donald Trump Once Promised He Would Eliminate America’s $19 Trillion in Debt.
The Total Is Now Approaching $50 Trillion."

For perspective:
"The more likely one perceives the possibility of default (including currency risk), the higher the interest rate you demand. Simple!
10 year benchmark Greek bond yield: 3.78%
10 year benchmark US bond yield: 4.65%
Times have changed." ~Jim, mungofitch writes on Credibility - straws in the wind

Are we great again, again?...

finance.yahoo.com - US sells bonds highest

finance.yahoo.com - Donald trump once said eliminate
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Members reply directly to Banksy here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
It's going to get worse · 33 recs · 2025
G’day Donny · 30 recs · 2026
Old Related Story · 28 recs · 2026
HCR is a national treasure · 27 recs · 2025
Fascism in America · 27 recs · 2025
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