Goldman Spots A Huge Problem For The Fed

From zerohedge.com

Last week, the Treasury shocked the world when it announced that in the current quarter (the 3rd of the fiscal year), the US will need to sell a mindblowing, record $3 trillion (pardon, $2.999 trillion) in Treasurys to finance the US money helicopter. image This, after selling $807 billion in the first half of the fiscal year, and another $677 billion in the quarter ending Sept 30. And since it is just a matter of time before Congress has to pass yet another fiscal package which will be at least another trillion dollars, and up to $3 trillion if the Democrats get their wish, one can say that Guggenheim's projection ... (full story)