American Exceptionalism was a Fiscal Facade | Marco Papic
Monetary Matters with Jack Farley
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Fiscal Policies and Economic Outlook
This chapter examines the impact of American fiscal policies on economic growth and the performance of U.S. assets, questioning the sustainability of recent economic successes. It critiques the current administration's expansive deficit spending and predicts a potential decline in the U.S. dollar along with underperformance in American assets compared to global markets. The discussion also highlights the fiscal challenges ahead, emphasizing the need for a more prudent approach to manage the growing deficit and its implications.
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