Thread: Stocks tumble
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Old 02-26-2020, 09:17 AM
Two Bills Two Bills is offline
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Quote:
Originally Posted by tophcfa View Post
It’s only a matter of time before the bubble bursts. An economy supported by artificially low interest rates, along with the huge budget defect, and our country’s unsustainable debt levels, will eventually catch up in a very painful way. I hope I am wrong, but just in case I am correct, the gold we own will become very valuable.
Absolutely agree.
No.1 rule of basic economics. 'You cannot borrow your way out of debt!'