John Mauldin final letter of the six-part series of reply to Ray Dalio’s essays
the existential problems we are talking about (and neither of us use the word “existential” lightly) will resolve themselves in a highly tumultuous manner if we as a society don’t face them directly and soon.
Total federal debt is now $22.5 trillion plus another $3 trillion of state and local debt.
Annual deficits are running at an average of $1.2 trillion and growing.
.jpg)
Kommentarer