SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Kirk's Market Thoughts
COHR 185.66+5.7%Dec 19 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kirk © who wrote (13115)2/17/2022 3:33:18 PM
From: Sun Tzu1 Recommendation

Recommended By
Bocor

  Read Replies (1) of 26813
 
At 3%, the government enters a death spiral where each year's deficit will be higher than the previous year's even if they cut the spending and raise taxes (within reason). I did that math over the weekend.

In theory, that can temporarily happen. But in practice the government will not have it. Just like they kept the interest rates low during the '40s despite the high inflation.

You already know my opinion on how this and why this will end. In about 10 years, USD will cease to be the reserve currency and that will be the final shock to system that knocks it over.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News