Current deficit: 7.5% of GDP Sustainable level: 3% of GDP Annual interest payments: $1.1 trillion and rising At current trajectory, interest costs consume 40% of federal revenue by 2030. Burry's portfolio positioning tells the real story: https://t.co/ldYqlXTWci

While the earnings of some workers are soaring, especially those with advanced degrees, the earnings of workers whose jobs are being replaced by robots and artificial intelligence are stagnant or falling. While those enjoying a boost in income could, in principle, compensate those falling behind, in fact, there is far too little income redistributi

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