For over a year now, after looking at our collective debt load (gov't and personal), there is only one conclusion: we are in deep doo-doo and will have a Japanese-style 15 year recession / flat growth on our hands. It's the only way the math adds up.
Sorry folks, time to pay the piper. Sooner we are willing to do it, the shorter this recession will be. The longer we put it off, the longer the recession. Our choice.
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