Thursday, March 28, 2024

WORRISOME CHART GOT THE ATTENTION OF ECONOMIST Mohamed A. El-Erian

If it were 'so concerning', then they would fix it!

This worrisome chart from the
is part of a global phenomenon in which #debt continues to escalate.
NOT A SURPRISE!!
"It is even more concerning for countries other than the US, which do not enjoy the relative financial benefits of being the world's reserve currency and a financial hub to which many others outsource the management of their savings. #economy #debt #markets #econtwitter

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Believe it or not > This is severa degrees above the daily "normal" for summer temperatures...remainder of the week a degree or two warmer :)

  US National Weather Service Phoenix Arizona   t͏ o͏ r͏ o͏ S͏ d͏ n͏ p͏ e͏ s͏ 5͏ 3͏ 8͏ c͏ u͏ 5͏ a͏ 6͏ 1͏ t͏ f͏ 2͏ c͏ 6͏ m͏ g͏ 4͏ u͏ i͏ 1͏ 5͏...