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by dualvariable
35 days ago
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Yeah, but in the short-term there's $600B/yr of debt-financed depreciating capital investments waiting to financially blow up. If you zoom out to the year 2100, it becomes a little pimple on the economy that is ready to pop, but in the here and now it can cause a lot of damage to real people's wages and finances over the next 3 years. |
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