Recession Watch: Deficits And AI Versus The Real World

Spoiler: The real world always wins

Two things are keeping the US economy afloat right now. First is massive deficit spending, as the US dumps about $2 trillion of borrowed money into the banking system each year:

Second, the AI “instant bubble,” is sending huge amounts of capital into a handful of tech stocks, thus levitating the entire market. See the “market structure” section below.

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