With such a huge debts from the US gov...just like if you have several millions of loans and when each RM10 can only get one teh tarik, then your debts of millions will look not so threatening. Then, probably your lands/house now can fetch double the price. And debts now is looks easy for you. WHY? Inflation!
With such a high debt level, you need inflation...but may not be successful because there are other side effects on the economy when you have caused the inflation.
Raise the limit and keep issue debt. :) enjoy while it last while he still can. 4-5 presidents before biden did so. what made you think he will do otherwise?
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
5354_
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Posted by 5354_ > 2023-01-31 10:14 | Report Abuse
Reduce debt meaning less fund for projects?