Back in November I drafted this memo warning about the specifics of the economic shock events that were likely to unfold in the first half of 2025. We are just getting started, and the worst is likely yet to come.

https://docs.google.com/document/u/0/d/1iwjijEK_6oyN4hV2QahTN0pHcztDNjX5GeeUqWBq_Rw/mobilebasic

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