President Biden’s Next $3 Trillion Boondoggle | |
David Stockman, Michael Oliver & Michael Timmins return at this week’s program. “Leave it to the New York Times to remind us why prosperity is not just around the corner. And that’s regardless of whether or not the force-feeding of $6 trillion of Everything Bailouts into the US economy during the past 365 days causes the 2021 GDP stats to make up for the 2020 plunge brought on by the Virus Patrol.” So wrote David Stockman in his March 23 missive discussing why the current exponential trend in government spending is leading the U.S. economy not to a more productive economy but rather toward a cataclysmic end. David explains and shares advice he has for common folks given that view. Based on Oliver’s momentum and structural analysis of key markets, we asked him what he thinks of David’s views on the impact of out-of-control spending as he comments on key markets. Michael Timmins provides an update on the exploration and development progress being made by Fury Gold Mines. | | |
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