The Warren Buffett Economy—-Why Its Days Are Numbered (Part 2)

There is no reason whatsoever to believe that the financial carrying capacity of the US economy—-or any other DM economy—-has improved since the 1980s. In fact, it has gone the other direction in recent years due to aging demographics, declining competitiveness versus the surging EM economies, dwindling rates of productivity growth and a dramatic increase […]
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