Hartnett: This Ferocious Move Has Happened Just 10 Times Since 1930 And It Means One Of Two Things

One week ago, BofA CIO Michael Hartnett rehashed what we first said last September, when we pointed out that US debt is rising by $1 trillion every 3 months...

Total US Debt surpasses $33 trillion for the first time.

For those keeping tabs, the US added $1 trillion in debt in three (3) months. pic.twitter.com/9eJVnX1YnZ

— zerohedge (@zerohedge) September 18, 2023

... when he named his weekly Flow Show note what has become the most important rate of change for the US - and all western civilization: the mindblowing $1 Trillion increase in US debt every 100 Days.