Bond market isn’t growing as fast as the stock market. In relative terms, it’s shrinking. Which, we think offers a novel opportunity to offload the Federal Debt onto individual shareholders.
The process takes a wee bit of explaining, but our point is that while the Federal Debt screams toward the $30-trillion level, there is a way to “IPO it away.”
The time to offload would be when, ideally? How about in the midst of a massive stock bubble…like right now?
Which we will table after we first roll a few headlines and review our unorthodox view of the stock market this week.
Which was even more irrational than usual – Losing Afghanistan, but let’s run up stocks. Why, it’s almost a harbinger of Buy the Rumor – and God forbid what the Sell the News events in the wings might be…