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By Daniel Lacalle
Even the CBO’s wildly optimistic budget estimates predict deficits and interest expenses will soar, even without a recession. That means in the real world, the disastrous debt trend will be far worse than the estimates.
I swear, Yellen is too old for this job.
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The deeper issue is that the job itself just shouldn't exist.
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The job will always exist, but it needs someone more competent.
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Will always exist and should exist are not necessarily the same. I also think think corruption is more likely the issue than competence.
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Yes. I think there are too many channels, too many seat, too many people just fumbling the ball. Nothing drastic never gets done because it just gets dragged along.
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