Freepers, don’t pass up the gains in the stock and real estate markets that we will probably see for a while. The long term implications of the garage coming out of Washington will take a little while “cook”. I’d stay away from long treasuries, though.
So...the Govt becoming the entire mortgage market and much of the rest of the economy, via unimaginable levels of borrowing and spendiing is sustainable without destroying the dollar and impoverishing the citizens?
If the Govt was a doctor, it would prescribe more booze for alcoholics and more drugs for addicts.