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First Republic Under Stress, Now What?
The Macro Trading Floor
The US Deficit Forecast Never Materializes
"I don't think US will default. I mean, oh boy, we've had many opportunities to say that yes to that question over the past decade and it never materializes," he says. "If you look at the forecast of the US deficit over the past three, four quarters, it's been one way traffic in sort of always overestimating the budget."
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