M Prod
Well-Known Member
- Oct 6, 2017
- 1,438
- Boat Info
- 2005 Sundancer 340
Zodiac Cadet w/FCT console Yamaha F20
Kohler 5KW Genny
- Engines
- 8.1 Horizons /V Drives
@M Prod
BTW - Your profile says "BC" but you say "we".... Do you have a dog in this fight?
Where would you put your money if not USD? EUR, RUB, HUF?
Yes, I am a US citizen born and raised. I was relocated to BC 7 years ago for work. (Film business)
I'm not suggesting anyone bet on another currency, only that the USD is overvalued which is a bad sign for the global economy.
That's funny. Govt. revenue is up significantly - due to growth from the tax cuts. Spending is up significantly more.
https://www.wsj.com/articles/tax-revenue-keeps-rising-11557691166
That's an interesting opinion piece, but it's just that. Opinion. The economy does not exist in a vacuum. There are a myriad of factors that affect what happens to it. We are not seeing the kind of broad shared growth that many of the proponents of the bill had hoped for. It's likely that the tax cuts did inject a one time stimulus that we have already felt the effects of. The gov't went and borrowed a bunch of money, used that to cut everyone a check (mostly the wealthy) and much of that has been spent. Something has to give.