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Goldman Sachs Is 6 Weeks Behind the Rabid Capitalist: the Debt Problem

Professor Glenn A. Okun

I do not know what took GS so long to notice the debt problem (see https://therabidcapitalist.com/2023/08/03/another-looming-debt-crisis-and-an-investment-opportunity/).

On Monday they reported that efforts to reduce inflation may conflict with high debt levels, increasing the volume of loans at risk of delinquency and default.

Well, better late than never.

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