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DRGEORGE
Member since November 2014
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Can a government surplus cause the economy to tank?

- Steve Saville - Speculative Investor

Thank you very much for that Steve. But please just don't 'leave it there'. The author of that article apparently intends to expand on that bullshit to the extent of publishing a book. A timely and detailed dismemberment of these falsities is urgent!

Commented 2444 days ago

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Beginning of the headline :According to the article linked HERE, if the US or the Australian or the UK government repaid all of its debt, the economy would tank. The article contains such a large number of factual errors and such a copious amount of nonsense that completely debunking it would take far more time than I’m prepared to spend, so in this post I’ll only deal with a few of the flaws. To begin, the article points out that US government surpluses have, in the past, often been followed by depressions or recessions,... Read More

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