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

©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.

It’s time to bet against American exceptionalism

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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