Surveillance: Earnings Contraction with Han
Bloomberg Surveillance
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The Risks of Debt in the Table Market
U.S. debt is an aspect of the capitalist economy with limits, right? It depends where it's going, what activities it's supporting effectively. Debt in support of more spending without a concomitant amount of savings on the other side is bad. Unlike a corporate bond or corporate obligation, U.S. Treasuries don't have cross default provisions.
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