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Debt-End: Everything’s Gone Alice-In-Wonderland

Summary:
The prevalence of negative yielding bonds, sub-prime zero-down mortgages, sub-prime auto loans, a deeply inverted yield curve, collateralized loan obligations, US corporate junk bonds, and soaring interest costs on US federal debt are flashing economic warning signals. https://blog.evergreengavekal.com/debt-end/

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The prevalence of negative yielding bonds, sub-prime zero-down mortgages, sub-prime auto loans, a deeply inverted yield curve, collateralized loan obligations, US corporate junk bonds, and soaring interest costs on US federal debt are flashing economic warning signals.

https://blog.evergreengavekal.com/debt-end/

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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