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The Fed has created a debt bomb.
by mcs5280 5y ago
The Fed has created a debt bomb.
- bequanna 5y agoI agree, but I think the size of public/private debt is a guarantee that rates will stay historically low for the foreseeable future. It’s only a bomb if rates go up.
- photochemsyn 5y agoProbably best to not let Wall Street gamble with boomer retirement money on when the debt bomb will blow up. Putting Glass-Steagall rules on investment vs. commercial banking back in place would probably make sense around now.
- AnimalMuppet 5y agoIt would have made sense to never remove them in the first place.