Menu Close

The Austrian Solution: Austria Issues 100 Year Sovereign Bond

This is a syndicated repost published with the permission of Snake Hole Lounge. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

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

1-Federal-Spending-and-Revenues-Fiscal-Doomsday

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

3-Federal-Spending-on-Health-Care

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.

ycaustria

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

Runaway-train

Join the conversation and have a little fun at Capitalstool.com. If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RSS
Follow by Email
LinkedIn
Share

Discover more from The Wall Street Examiner

Subscribe now to keep reading and get access to the full archive.

Continue reading