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Re:JPMorgan says the U.S. is probably headed for a recession by peepeepoopoo3 on Wednesday March 22, 2023 @01:25AM (#35257162)
Except it's not, because our interest rates are also in the same range as when their debt crisis began. Greece was fine at those debt levels until their bond yields hit 5%, at which point they entered into a self-reinforcing spiral of insolvency. The Federal Reserve is currently targeting interest rates above 5% to fight inflation.

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