The US is Caught in a Debt Trap – ValueWalk Premium

The US is Caught in a Debt Trap

 

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CAUGHT IN A DEBT TRAP

As with much of the euro area, the US is in a debt trap. All the politicking in DC does not change this economic fact. The federal debt is going to be devalued. Yet even now, amid a new economic slowdown, US consumer price inflation is set to remain positive following a large spike in global food prices. Few things damage economic confidence more than . . .

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