By Daniel Lacalle
Even the CBO’s wildly optimistic budget estimates predict deficits and interest expenses will soar, even without a recession. That means in the real world, the disastrous debt trend will be far worse than the estimates.
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I swear, Yellen is too old for this job.
The deeper issue is that the job itself just shouldn't exist.
The job will always exist, but it needs someone more competent.
Will always exist and should exist are not necessarily the same. I also think think corruption is more likely the issue than competence.
Yes. I think there are too many channels, too many seat, too many people just fumbling the ball. Nothing drastic never gets done because it just gets dragged along.