You can get so used to debt and opiates that you can fool yourself into thinking the highs they produce are normal. From Lance Roberts at realinvestmentadvice.com:
As noted by Robert Schroeder:
“Last week, the debt hit $21 trillion for the first time, rising from the $20 trillion mark it notched on Sept. 8. The debt is guaranteed to go higher, with President Donald Trump having signed a debt-limit suspension in February, allowing unlimited borrowing through March 1, 2019. Economists expect wider deficits to result from the tax cut Trump signed in December.
While a trillion-dollar increase over roughly six months isn’t unprecedented — there was one in 2009…
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