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It’s The Debt, Stupid! The Coming $40 Trillion Reset
07-18-2019, 11:53 AM,
#1
It’s The Debt, Stupid! The Coming $40 Trillion Reset
It’s The Debt, Stupid! The Coming $40 Trillion Reset

  Ultimately, the clearing process will be very substantial. As noted above, with the economy currently requiring roughly $3 of debt to create $1 of economic growth, a reversion to a structurally manageable level of debt would involve a nearly $40 Trillion reduction of total credit market debt from current levels.  This is the “great […]


https://davidstockmanscontracorner.com/i...ion-reset/
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