• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

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Tyler Durden's picture


Presented with little comment aside to note that there appears to be another, far more structural, great rotation under way in America.


and just to clarify... while much is made (rightly so) of the debt-to-GDP ratio (among many other measures of the Keynesian endgame), we thought this 'ratio' was potentially even more telling...

(h/t @Not_Jim_Cramer)

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