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balajis
@balajis.eth
Interest payments are up 15X. Debt issuance passed COVID levels. Emergency bank loans are past 2008. Saudi Arabia just ended the petrodollar. And true debt is now estimated at $175T.
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Siiri
@notapplesiiri
There will be no change to the above trajectory with the tools current economies have in their hands. Resolution to ongoing (trade) wars would ease defence spending to start unpacking the plot, but believe the opposite takes place as tension grows (while not driven by US, e.g. pdollar), US must hold onto some control (Suez) and tap into new politically placed growth (pick GHope maybe as China is active in Africa, not Panama).
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