Cloudy with a Chance of RIBs, Part 1

One cannot deny that 2020 has been a year of perpetual overcast.

As Covid-19 continues to wreak economic havoc worldwide, policy makers dig deeper into national checkbooks and financial strategy playbooks to maintain order. The U.S. Department of the Treasury borrowed $2.753 trillion in Q2 2020, and anticipates borrowing $947 billion in Q3 of this year, $270 billion more than initially declared in May.