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Ruchir Sharma: How ‘the mother of all bubbles’ will pop

It’s time to bet against American exceptionalism

©The Financial Times Limited 2020 Dec 16, 2024 / 12:07 PM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
The US now takes nearly $2 of new government debt to generate an additional $1 of US GDP growth — a 50 per cent increase on just five years ago
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