142 sats \ 2 replies \ @halalmoney 15 May \ on: China finds Keynesian 'solution' to the real estate disaster econ
Even America has a Keynesian problem but not as bad as China.
“Any country can borrow money and drive some growth, but that may not always lead to good growth. So, I think America should be quite aware that we have got to focus on our fiscal deficit issues a little bit more, and that is important for the world,”
https://www.cnbc.com/2024/05/15/jpmorgan-ceo-jamie-dimon-urges-us-to-deal-with-its-fiscal-deficit.html