There’s A Massive Fiscal Tightening Underway. The Economy Has To Get Real Bad So The Fed Can Come In Again And Save It

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OUT ON A LIMB: Goldman Sachs pegs recession risk at 35%.

It’s Davos week, with the U.S. stock market on the verge of meltdown. Which begs the question – in a world where there is no such thing as right or wrong, what could go wrong?

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