$3 in new debt to buy $1 growth (= very unproductive)
"…as of 2019, each dollar of global debt generated only $0.42 of GDP growth in the major economic sectors, which was down (-11.1%) from ten years ago. This deterioration was (even) greater (abroad)." China -38%, EU -13%🤦♂️ $3 in new debt to buy $1 growth (= very unproductive) pic.twitter.com/rEt7XmYtcs — M/1_LP (@MI_Investments) October 16, 2020 … Read more