The Pomp Letter
The Pomp Letter
China Isn't Talking About Quiet Quitting
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China Isn't Talking About Quiet Quitting

2

To investors,

The United States debt-to-GDP averaged 64% from 1940 until 2021, but it now sits at nearly 140%. The situation is dire and there are only two paths out of this problem. First, we can drastically increase GDP growth to build our way out of the hole. Or second, the Federal Reserve and US government can work together to inflate away the debt b…

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