Dems' Infrastructure Spending Could Lead To Devastating Crash
US markets are caught up in a "raging mania" fostered by the trillions of dollars in government spending. The "V-shaped" economic recovery has been "the sharpest recovery in history.” The problem is that the nearly $6 trillion allocated by Congress to combat the economic impact of COVID has been spent after the economy already finished recovering. The accelerating pace of inflation, and inability of certain businesses to hire lower-wage workers, are but byproducts of this. Inflation is a tax the poor can't afford or avoid.” Any further stimulus spending is intended to fix a problem that, "doesn't exist anymore.” And it's not just stocks, look at the state of crypto and housing markets. The infastructure bill is going to cause a financial crisis. Plain and simple.
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