It will end in disaster
This article is so good
it's for premium members only.
Does that sound like you?
Already a member? Sign in.
PREMIUM
ONLY $30/MONTH
BILLED ANNUALLY OR $35 MONTHLY
All BASIC features, plus:
- Premium Articles: Dive into subscriber-only content, market analysis, and insights that keep you ahead of the game.
- Access to our Private X Account, The Market Ear analysis, and Newsquawk
- Ad-Free Experience: Enjoy an uninterrupted browsing experience.
PROFESSIONAL
ONLY $125/MONTH
BILLED ANNUALLY OR $150 MONTHLY
All PREMIUM features, plus:
- Research Catalog: Access to our constantly updated research database, via a private Dropbox account (including hedge fund letters, research reports and analyses from all the top Wall Street banks)
We are driving off the cliff and landing in a big black hole
Now, we do not normally write about long-term macro, partly because it is not our expertise and partly because we do not trade it. However, today is a rare exception as we are just mind-boggled about the US debt situation. This is of course nothing new and we are not really adding any value here. But we still wanted to, because the long-term situation is so extreme.