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Rabbit Hole Recap #264: Fitch Eyes US Default as "Soft Landing" Narrative Falters

Rabbit Hole Recap

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The Exponential Phase of the Debt Crisis

The national debt has already grown by 10% this year. The Treasury essentially wants to print about $2 trillion more of treasuries between now and the end of the year. So we could finish the year with the national debt having rose well over 15% year on year.

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