Tuesday, July 14, 2015

U.S. Records $50B Surplus for June


This might settle down the deficit-phobes for a while. 



Loans and leases in Bank Credit were up by about the same $50B MoM in June.  Fed's H.8 Report here.


2 comments:

John said...

But how about the $100 trillion trillion trillion trillion in "unfunded liabilities"? Ignoring this is Bolshevik Maoist Salafism.

If you stacked up the unfunded liability debt in one dollar bills it wouldn't just circle the universe, but the universe would first turn green and then implode under its own weight.

A job at Fox News awaits me.

Matt Franko said...

John good metaphors there I think you're ready for a fellowship at the Peterson Institute.... ;)