As the Trump admin guts the administrative state you are going to see a severe reduction in GDP and a rise in unemployment. This is because government theft currently contributes to GDP. Prepare for these bad prints.
Gary Brode joined me on TFTC to discuss this and a bunch of other things.
Send it.
ONWARD 🫡
Yep. Been saying the same. This recession is being induced by govt workers.. intentionally IMO.
flip-floppin on tariffs and back tracking on NATO, along with even more borrowing + stagflation on top of it, while gov revenue addicted to stocks going up… i mean… bonds are as toast as stocks of shit unravels.
Very cool EP with numerous exceptionally interesting takes on debt management and outlook. 🙏🏻
