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RE: Wall Street Secrets Revealed #3 – Why The Market Went Down 10%
I didn't know the US stock market was smaller than the US debt. The debt might not be a huge problem when the economy is doing well but what happens when there's another recession? Trump's economics seem to be like Reagan on steroids, I hope the next recession wont be. There seems to be a huge problem with democracy, every election, politicians promise to spend money they don't have. Wont that have to end one day?
They say a picture is worth a thousand words, check out this chart from the Banks for International Settlements, World Federation of Exchanges.