[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 181 KB, 639x674, cnbc.jpg [View same] [iqdb] [saucenao] [google]
12364079 No.12364079 [Reply] [Original]

>Fiscal policy is an even more impaired instrument of demand management. The public sector deficit of 6 percent of GDP, and the gross public debt of $22 trillion (108 percent of GDP), are showing that the U.S. is in an acute phase of a worsening fiscal crisis.
>With the primary budget deficits (budget balances before interest charges on public debt) of 2.5 percent, the U.S. public debt is on an unstoppable upward trend. Just to stop the spiraling debt, the primary budget must shift to steady and sustainable surpluses of 3 percent to 4 percent of GDP. A far cry indeed.
https://www.cnbc.com/2019/01/07/central-banks-are-not-the-fixers-of-last-resort---commentary.html

>> No.12364127

>>12364079
what they mean is that the US has a unsustainable fiscal policy.

>> No.12364135

>>12364079
ww3 and race war, /pol dream

>> No.12364345

>>12364079

It is true. We'll end up with higher inflation unless the budget deficit is reduced. Lowering the trade deficit will help but government spending needs to go down as well.

>> No.12364468
File: 504 KB, 1400x1569, 1523659368693.jpg [View same] [iqdb] [saucenao] [google]
12364468

>>12364345
bluepilled

>> No.12364798

>>12364079
Beginning of the end of the us dollar