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2026-01-10 22:22:11 UTC

Prince Aleph on Nostr: Pay particularly close attention to what he says about corporate profits, public debt ...

Pay particularly close attention to what he says about corporate profits, public debt and the massive government deficits. This bubble *requires* expanding deficits ad infinitum. Which of course *ensures* both high inflation & the continued decline of the USD as a reserve currency (mostly to the benefit of our nominal allies).

https://www.hussmanfunds.com/comment/mc260104/