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b_b  ·  2297 days ago  ·  link  ·    ·  parent  ·  post: The Trump administration’s tax ‘report’ reads like fan fiction

    Effectively, the treasury letter says "we can spend our emergency fund because nothing bad will happen."

Meanwhile, several economists are trying to point out that our risk behavior is starting to look a lot like it did around 2004-2005, right before we decided that risk isn't really a thing anymore that needs to be considered.