Wed, 12 April 2017
Robert Kaplan, the president of the Dallas Fed Bank, warned this morning that "we are highly leveraged." and that the countries ability to boost growth through debt are limited.
Now that might not make a lot of sense to some of you, but after today's show, all will be clear. You'll understand it so well by the end of the show you're friends will marvel at the depth of your knowledge.
We'll then take a look at Puerto Rico, a province that tried to use debt to grow it's way to prosperity. It didn't work out so well.
That's not a good sign.
I've got all of that in the stack today. Looking forward to sharing with you.