This billionaire trading tycoon argues the public is looking at federal debt all wrong
The conventional wisdom is that federal government debt — $39.1 trillion, or a mere $31.6 trillion when accounting for the liabilities owed to itself — is astronomically high. Jeff Yass said that isn’t the right comparison.
This billionaire trading tycoon argues the public is looking at federal debt all wrong
Overview
The conventional wisdom is that federal government debt — $39.1 trillion, or a mere $31.6 trillion when accounting for the liabilities owed to itself — is astronomically high. Jeff Yass said that isn’t the right comparison.
Source
Originally published at www.marketwatch.com.
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