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Giuliano Giacaglia
@giu
"That's why public debts matter because if debts get high enough, where higher rates no longer have that kind of decel aspect that they do [otherwise]. It can be an accelerator where the additions to fiscal deficits, which are stimulatory because all that interest expense. All that spending is someone else's income"
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phil
@phil
what is this from?
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Giuliano Giacaglia
@giu
https://www.youtube.com/watch?v=fUIwAyNdKw0 Worth the time
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phil
@phil
sounds terrifying im in
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