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Meb Faber, citing Russell Napier, says credit acts like a drug for economies: it boosts activity at first, then creates dependence. The warning is that ever-lar

BWB News TV • 2026-08-03 11:06 UTC • By Billy Odell Tucker-Robinson
Meb Faber, citing Russell Napier, says credit acts like a drug for economies: it boosts activity at first, then creates dependence. The warning is that ever-lar
Meb Faber, citing Russell Napier, says credit acts like a drug for economies: it boosts activity at first, then creates dependence. The warning is that ever-larger doses of credit may be needed over time to sustain growth.
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