Presented with little comment aside to note that there appears to be another, far more structural, great rotation under way in America.
[3]
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...
[4]
(h/t @Not_Jim_Cramer)