Rabbit Hole Recap #264: Fitch Eyes US Default as "Soft Landing" Narrative Falters
Rabbit Hole Recap
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The Fed's Interest Rates Are Out of Control
I think we're approaching the point where it's undeniably out of control. How might be a big clown call? I don't know. Most people, most blue checks are just incomplete denial still. We're still in that phase. Maybe this time is different. When chart you want to bring up? I'm putting them in our e-cam chat. Not slack. Like this federal expense chart. The latest data on this chart is only up to the end of Q2. And if you hover over the last all time high in 2019 Q2 2019, it was like 591.636 billion. Right now if you go to Q2 today, it's like 969.
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