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Steven  VanHeyningen's avatar

Yes, sir !!!

I think we are seeing the answer to the

Question: Does Big Government Spending lead to Stagflation??

35 Trillion in Debt, 1.5-2.0 T. in deficits

1 Trillion in Interest Expense.

843 Billion in Q3 Estimated Treasury

Borrowings.

3.5- 4.0 % Inflation rate, after 3 years

of 20 % Cumulative Inflation.

Must be almost time for some

Politically Rigged BLS Payroll

Numbers to cover over all the CRAP

with a big fat headline for their

favorite Democrat Communist,

President Moron.

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Anthony's avatar

Forget 2 Minutes to Midnight, Bill Bonner says the 130% Debt to GDP ratio, which will tripwire during the next administration, is the real Doomsday Clock. He likes a Dow-Gold ratio of 5 for the Dow's future 'bottom'. I'm looking for a 2-1 ratio or better, but who really knows....

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