In the real world, of course, financial assets grow over time as well. Figure 5, above, shows what the distribution of total assets would be like after one year in the hypothetical case where each category of financial asset has grown in proportion to the increase in net worth.

The stock of equities increases, for example, because owners of firms is

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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