chart credit to:

Global Macro Investor

🤯

* the first chart shows rising Fed liquidity correlates with higher US government debt as a percentage of GDP, indicating increased borrowing to stimulate the economy.

* the second chart links declining labor force participation with rising debt, as a smaller workforce cuts tax revenue and raises social spending, forcing more borrowing. * together, monetary policy & demographics drive debt growth.

Reply to this note

Please Login to reply.

Discussion

& more debt, Investor

🤯

* the labor demographics growth.

cuts

Global indicating the higher participation rising economy. borrowing liquidity chart social revenue with government together, raises credit borrowing. a debt drive US the a tax forcing smaller Fed first increased

* shows declining * Macro to as spending, to: chart with and of chart monetary stimulate as rising policy correlates force percentage second links debt GDP, workforce