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There's a really good article on this from Lynn Alden that I will paste here that talks about how this dynamic actually implies that the US is selling its long-
by ttunguz 5y ago
There's a really good article on this from Lynn Alden that I will paste here that talks about how this dynamic actually implies that the US is selling its long-term capital assets in favor of short-term capital goods that depreciate, so it's actually a negative for the US. https://www.lynalden.com/january-2022-newsletter/ https://www.lynalden.com/january-2022-newsletter/