pop quiz: what does this graph demonstrate?pic.twitter.com/886Z4NBlh8
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the graph is indeed more extreme than this, but every day I ask myself am I more uneasy than Jerome Powell, And the answer is always no
But you should be asking is how far away from 300% debt/GDP are we? Because until we hit a ridiculous level the market won’t stomach, the fed has our back!
Badum tssss
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