US total debt-to-GDP has held near 360% for more than a decade, but the mix has shifted: government debt rose as private debt fell, Eric Basmajian says. He argues the result is a less volatile cycle, but a slower, more predictable decline in living standards.
published
US total debt-to-GDP has held near 360% for more than a decade, but the mix has shifted: government debt rose as private debt fell, Eric Basmajian says. He argues the result is a less volatile cycle, but a slower, more predictable decline in living standards.
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I sold the $META $655 Puts 9/25 for $7.60
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