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Objects in Motion

America has $269 trillion worth of assets. But it has $145 trillion of debt and only $29 trillion of output (GDP). We know that asset prices change easily. Debt does not.

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Bill Bonner
Apr 23, 2025
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Palermo Soho, Buenos Aires, Source: Getty Images

Wednesday, April 23rd, 2025

Bill Bonner, writing from Buenos Aires, Argentina

Buenos Aires looks much the same as always. But there’s a new energy. Walki…

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