Mar 30, 2021
It is a truism that in every economy there will be rich, poor,
and a lot of people in between. It's fact of economics; not
EVERYONE can all be wealthy. That's an utopia, and utopias (aka
socialistic economies) always devolve to the lowest common
denominator. In this episode we explore the fiscal theories the
current administration wishes to advance while ignoring past
mistakes. Lance reviews the data and reveals why the most
recent--and the expected additional stimulus will not solve the
problem of poverty in America.
- Chief Investment Strategist Lance Roberts, CIO
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Articles Mentioned in this show:
https://realinvestmentadvice.com/technically-speaking-bulls-run-as-liquidity-floods-market/
https://realinvestmentadvice.com/bidens-stimulus-will-cut-poverty-by-40-for-one-year/
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