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Weekly Reminder: The economy is great, inflation is fake and gas is cheap.
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<blockquote data-quote="Babagounj" data-source="post: 5829166" data-attributes="member: 12952"><p>[URL unfurl="true"]https://www.dailymail.co.uk/yourmoney/consumer/article-13061649/Paul-Tudor-Jones-debt-bomb-government-spending.html[/URL]</p><p></p><p>Legendary hedge fund manager Paul Tudor Jones has said that a 'debt bomb' is on the verge of exploding in the US - due to 'unsustainable' government borrowing. </p><p></p><p>The billionaire investor said that the economy appears strong - but under the surface it is actually on 'steroids' that are masking major problems like debt.</p><p></p><p>US national debt is at a historic high - <a href="https://www.dailymail.co.uk/yourmoney/consumer/article-12922821/us-national-debt-trillion-401k.html" target="_blank">hitting a staggering $34 trillion</a> earlier this year. </p><p></p><p>'It could be this year, it could be next year. Productivity may mask and it might be three or four years from now but clearly, clearly, we're on an unsustainable path.'</p></blockquote><p></p>
[QUOTE="Babagounj, post: 5829166, member: 12952"] [URL unfurl="true"]https://www.dailymail.co.uk/yourmoney/consumer/article-13061649/Paul-Tudor-Jones-debt-bomb-government-spending.html[/URL] Legendary hedge fund manager Paul Tudor Jones has said that a 'debt bomb' is on the verge of exploding in the US - due to 'unsustainable' government borrowing. The billionaire investor said that the economy appears strong - but under the surface it is actually on 'steroids' that are masking major problems like debt. US national debt is at a historic high - [URL='https://www.dailymail.co.uk/yourmoney/consumer/article-12922821/us-national-debt-trillion-401k.html']hitting a staggering $34 trillion[/URL] earlier this year. 'It could be this year, it could be next year. Productivity may mask and it might be three or four years from now but clearly, clearly, we're on an unsustainable path.' [/QUOTE]
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Weekly Reminder: The economy is great, inflation is fake and gas is cheap.
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