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@TXMCtrades
@alphabetasoup_ -- Relentlessly curious -- I read a lot -- Big mouth -- Student of history -- Bitcoin
参加 May 2021
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If we consider that most recessions cause the deficit to roughly triple we will be looking at 18-20% deficits to GDP in the next downturn. Biblical shit.
Level of collective madness is now unhinged… tariffs and gambling the funding structure are now the required artifice to sustain insane levels of totally useless military spending and just about keep the deficit at 6%. What if a recession hits? Where will the deficit be?
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