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The "Wave Of Global Liquidity" Driving Markets Higher | Weekly Round Up

Inflection Point

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The Challenge of Running a Deficit

I think one of the problems with this, and there's like a little bit of a boy who cried wolf syndrome. We have written checks that we can cash, but we have to print money to cash those checks. That's going to have consequences. And for whatever reason, we convince ourselves that the current prices are always reasonable.

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