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Treasury's Delusions: Tim Geithner's Latest Projections For US Public Debt

06-09-2010 • ZeroHedge.com

Our take home from this compendium of incredulous data, is that there is no way in hell for the US to hit any of its estimates for future funding and outflow, except for one case: if the US continues to be the capital safe haven for the next five years. This means that it will be in the US' interest to generate ongoing solvency, liquidity and geopolitical tensions for the next 5 years and likely much longer. Another benefit - the US defense sector's taxable net incomes will soar.

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