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By Eric Peters, CIO of One River Asset Management
“We’re going to decide whether we are going to grow our way out of this debt burden or not,” said Scott Bessent, one of the great macro thinkers, investors, strategists, on Nov 4th. “And I think we can. Through deregulation, energy independence and dominance in the US, and a growth mindset,” continued Trump’s nominee for Treasury Secretary.
Total US debt rises above $36 trillion for the first time. Up $1 trillion in 115 days. pic.twitter.com/d0yaBA2I54
— zerohedge (@zerohedge) November 23, 2024