The Austrian Solution: Austria Issues 100 Year Sovereign Bond



by Anthony B Sanders

Sadly, Congress has absolutely no controls on the willingness to spend money and promise entitlements to borrowers. Spending is a runaway trend in Washington DC.

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Much of this spending is entitlement spending, such as Medicaid and Medicare.

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The explosion of Federal spending and entitlements will eventually recover an Austrian solution: 100 year debt. Until recently, Austria already led nations with the longest sovereign debt maturity of 70 years. Most other countries are at 50, 40 and 30 year maturities.

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Does America issue 100 year Treasury bonds? No, how about 120 year bonds?

Runaway-train

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2 Responses

  1. Black Swan says:

    ” There is a plot in this country to enslave every Man, Women and Child with debt. Before I leave this high and noble office I intend to expose this plot.` President John F. Kennedy 1963

  2. desertspeaks says:

    i love how they ignore the invading army of muslims that they are required to financialy support but aren’t accounted for in the graphs, because that’s what really screwed up their accounting.

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