[roenxi]

> ...the US had one of the longest growth periods in its history...

How are we measuring this? Because from 2007 -> 2019 US nominal GDP is up 50% and the M2 was up 102%. I don't think this argument that keeping price inflation contained to assets rather than consumer goods justifies calling it a period of growth. Someone is collecting all this money and it doesn't look like it is people who earn wages.

The US debt/GDP ratios have also crossed lines where there isn't even room to pretend they are going to come down again voluntarily. US debt to GDP is out of control.

The US doesn't look like it is coming out of a long period of growth. If that were true it is surprising how much trouble it is having covering its bills, and giving money to already wealthy asset owners isn't helping.