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Sagacity... or silliness? Or just a fun read?

Comments

  • Silliness I hope.

    A counter argued by Paul McCulley is that real GDP is growing and will continue to grow faster than real debt.

    Which will be the way out, hopefully, of the liquidity trap and back on the road to industry investing again, employment rising again, consumers spending again, real estate purchasing again, etc.

    And, the continued ascent of equities.
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