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Giuliano Giacaglia@giu
A reminder that if the US doesn’t reduce spending, inflation will be high for the foreseeable future. None of the sources of income are likely to increase significantly so need to reduce spending
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In reply to @giu4/15/2023
Giuliano Giacaglia@giu
All these pension funds that are buying long-term bonds are going to be underwater. Also thinking that the US is going to be fine because there are no better ways to save money is nonsense. Numbers don’t lie, foreigners are becoming sellers and not buyers of treasuries
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In reply to @giu
4/15/2023
Rohit Kulshreshtha@rohit
They only need to tax 1000 billionaires to make up for the deficit.
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In reply to @giu
4/15/2023
Vinay Vasanji@vinayvasanji
I dont know why but a $140Bn corporate tax take for the largest and most productive economy in the world seems low
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In reply to @giu4/15/2023
Giuliano Giacaglia@giu
If this was in proportion, the deficit should be the biggest item....
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