“Why did the debt-ceiling deal collapse and then pass last week? What does it mean? Trump’s fiscal strategy. Why it won’t resolve the chronic $1 trillion plus annual budget deficits, rising national debt, and $1 trillion annual payments to rich bondholders. Why Neoliberalism fiscal contradictions and crisis will continue. Why the Fed cut interest rates but admitted inflation is rising into 2025. Why inflation will continue to rise. As rates rise will a rising dollar in turn precipitate a global currency war? ”
~ via Jack Rasmus
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