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Liquidity Cliff Countdown Update – The Edge Is Closer Than We Thought

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The US is approaching a liquidity cliff when the government runs out of cash and floods the Treasury market with a tsunami of supply. Unlike previous episodes, there’s no emergency backup fund. The politics is heating up, but it won’t change the timeline estimate. 

Here’s the data, the charts, and the analysis leading to the timeline estimate and guiding us through the weeks ahead.

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Posted in 1 Macroliquidity™, Fed, Central Bank and Banking Macro Liquidity