Billionaire Boys Club Member Forum (BBCMF)

[mick]

The stock market’s recent highs are being driven by government spending.



The more the government spends, the more jobs are created, and the more people buy things.



But the government is now being told it’s not going to be able to borrow anymore, which means the government will have to cut spending.



And when it finally cuts spending, that means millions of jobs will disappear. And when those jobs disappear, spending will disappear along with it.



Once that spending dries up, corporate profits are sure to follow.