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According to current GAO projections, the debt will hit a record of 107% of GDP in 2028. [ii] [i] To put that in perspective, the national debt peaked at 106% of GDP following World War II. ii] With this as a backdrop, it is not surprising that President Biden’s 2023 federal budget included proposals to raise income taxes for high earners.
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However, while the uniqueness of each comic book is an asset, it can pose challenges in terms of availability. Option 5: Invest in fine wines Fine wine has emerged as one of the best-performing assets over the past three decades, showcasing a remarkable compound annual growth rate of 12.6% billion from 2021 to 2028.
million [link] Though terms of the securitization offer more structural protection than prior, underlying asset quality looks poor. Goes broke in 2025 as 2028 secured notes accelerate. I agree with your point about management loving their business, and understanding the economics thereof. Credit deterioration on the low end.
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