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27 sats \ 1 reply \ @grayruby 7 Aug 2024 \ parent \ on: A Fed rate cut will not solve our economic problems econ
But if everything is malinvestment. Including people paying 32x revenue for a multi trillion dollar market cap company you aren't talking about a few bad CRE deals and bad venture investments going belly up, you are talking about the whole damn thing.
When you have the largest government in the history of the world, you're going to have a lot of malinvestment.
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