The US has literally doubled its debt to GDP ratio in 15 years and they’re telling the public they can go higher for longer without causing a major recession.

https://twitter.com/NorthmanTrader/status/1572613361430368257
https://twitter.com/NorthmanTrader/status/1572611550254333953
https://twitter.com/NorthmanTrader/status/1572550821023449088

EVERYTHING IS GOING SWIMMINGLY: Profits Plummet And Vehicles Left Unfinished As Ford Struggles With Inflation.

JEFFREY CARTER: The Joe Biden Economy Is Like Groupon: Half off. “If you held the S+P 500 ($SPY) on January 1st of this year and haven’t sold, your return is -17.25% including dividends that were reinvested. That’s an annualized gain of -24.12%. For what it’s worth the 2008 crash was 50%. Hey, we are halfway there! That’s something isn’t it? It ain’t the Republicans or Trump’s fault. It’s right in the lap of Joe Biden and the Democrats. The buck stops with them. They instituted the green energy policies and all the stupid spending. . . . Meanwhile, all Democrats can talk about is abortion no matter what state you are in. No one cares when you can’t feed yourself, walk down the street without the threat of getting assaulted, or afford to heat your home.”