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Do We Really Want a “Whatever It Takes” Economy?

(9/4/23) Debt service is diverting revenue from economic growth. The Fed is stuck between high rates and high inflation. How home builders are revising house plans to meet buyer realities. As goes China, so goes others' economies. Example of economic failure: China's empty cities & transportation systems = artificial growth. No one is using them. The "beauty" Socialism and Communism is always undone by human nature. Do we really want a "Do Whatever it Takes" economy? Why Baby Boomers are the luckiest generation alive: slotted into time period with remarkable market gains. Why are we afraid of recession?

Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO
Produced by Brent Clanton, Executive Producer
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The latest installment of our new feature, Before the Bell, "Have Markets Set the High for the Year?" is here:
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Our previous show is here: "Will September Be Better than August?"
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Articles mentioned in this report:
"10 Best Days – A Meme For Every Bull Market"
https://realinvestmentadvice.com/10-best-days-a-meme-for-every-bull-market/
"Deficit Surge Will Lead To Lower Rates, Not Higher"
https://realinvestmentadvice.com/deficit-surge-will-lead-to-lower-rates-not-higher/
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Lance Roberts
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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