Goldman: Economic Figures "Usually Reserved For Times Of War"

First, running such a large primary deficit (federal revenues minus spending, not counting interest expense) in a period of strong growth and low unemployment is quite unusual, and according to Goldman is "generally reserved for times of war" as shown in the chart below.



















More info available here:
https://www.zerohedge.com/news/2018-09-14/goldman-what-going-us-usually-reserved-times-war

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