A Mortally Wounded Private Sector
The problem of all this debt and fiscal profligacy is clear. Every dollar of debt is a promise to tax that same dollar in the future…and with interest. Estimates indicate that the publically traded...
View ArticleThe $50 Trillion Picture
The picture below is worth a thousand words. And $50 trillion. Financial Assets held by households - ChartThis was just released by the Bank of Japan as part of their new "flow of funds" reporting....
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