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The party's over.
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The debt remains.
Source Data:
St. Louis Fed: Custom Debt Growth Chart
St. Louis Fed: Custom Debt Chart
Q4 GDP Tracking: Mid 2% Range
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Fed Chair Powell, Nov 7, 2024:
"It's actually remarkable how strong the U.S. economy is performing. We're
performing better than all of our global peers. ...
2 hours ago
1 comment:
Some argue that the debt is dangerous and I cannot disagree.
However, I would argue that continuing to party is even more dangerous. It is the debt that made it possible.
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