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A Crash Could Torch $35 Trillion of Wealth


With record government debt, fiscal stimulus to support the economy, would be limited.

At the heart of this concern is the sheer scale of exposure, both domestic and international, to American equities. Over the past decade and a half, American households have significantly increased their holdings in the stockmarket… Foreign investors, particularly from Europe, have poured capital into American stocks, while simultaneously benefiting from the dollar’s strength. This growing interconnectedness means that any sharp downturn in American markets will reverberate around the world.

Related Content: The Silent Price of Our Mounting National Debt, Sept. 2022

Read the entire article in The Economist

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