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Macro series – The burden of Sisyphus

John Llewellyn, Russell Jones

Llewellyn Consulting
April 27, 2020

Focus

The pandemic and the reaction to it will result in a surge in public sector liabilities.
Gross G-7 debt is projected to rise to an all-time high of 140% of GDP or more.
Individual countries have in the past coped with much higher debt burdens.
Today's indebtedness is sust...

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