Thoughtful Money with Adam Taggart
Lyn Alden: Can Anything Stop The Runaway Train Of Fiscal Deficits?
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One of the biggest forces boosting both economic growth and asset price appreciation over recent years has been the explosion of higher fiscal deficit spending -- sending the prices of all assets including growth stocks, gold and Bitcoin soaring.
Today's guest, analyst Lyn Alden, predicts we'll be stuck with these these large deficits for a long time to come, often repeating in her writing that "nothing stops this train".
Why?
And if indeed so, what are the implications for investors?
And furthermore, with a new US presidential Administration publicly committed to reducing government spending, is the train truly unstoppable?
For answers, we'll ask Lyn directly.
Lyn, thanks so much for joining us today!
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