The $1.5 Trillion Debt Ceiling

The biggest bridge that we have to cross is as Dave mentioned, we're tilting towards this recession. When you have boomers, it's anybody in plan who can get 9% guaranteed in the world's deepest treasury market for next two years. That's just a major suck of money and liquidity from all risk answers. The trend in yields for 40 years has been down with the blip. We had a blip back down. People talk about owners equivalent rent. And now it's at the highest ever. It's just going back down.

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