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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.67+5.0%Nov 10 4:00 PM EST

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To: Rarebird who wrote (111915)4/6/2020 3:12:13 PM
From: Real Man  Read Replies (1) of 116753
 
I think there is a limit to Keynesian policies. When public debt gets well above 100% of gdp they stop working.
We will have horrible unemployment numbers shortly, horrible trillion dollar deficit numbers, etc. I expect US debt to get to 200% of gdp in no time. You can turn the lights off on the economy for 30-50 years when that happens. Keynesians with the printing press are no magicians. You can say American polycimakers have fucked up the economy for years for short term elections purpose. Greece, back to 1980s. Japan , back to 1980s. US will join the misery party soon.

You can print, but the cost of that is even greater
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