ilmscore | Prediction Details
"politicians and the government have this kind of pressure to push our economy to grow even faster which means that we might have to take on even more risk to keep our economy growing at a certain rate that way we can stay competitive as the world's economic superpower so what does that mean how do you encourage the economy to grow even faster well that's everything that we just talked about that might mean getting more money into the hands of people that might mean encouraging people to spend more money that might mean encouraging people to go into more debt or to make interest rates even lower that way people are incentivized to go deeper into debt now when you create all of these more incentives where you're pumping more money into the economy you're lowering interest rates you're encouraging people to spend more money now you're increasing the risk which could cause more of the booms and busts or bigger booms and busts just because we're trying to do so much to grow our economy which means we take out more risk"
By Minority Mindset | October 29, 2023 | Pending
From video
These Are Your Biggest Financial Mistakes (Achieve Financial Freedom In 2024) | Jaspreet Singh 01:31:53 - 01:32:43
Interpreted Prediction
To maintain economic superpower status and achieve faster growth, governments may increase risk by injecting more money into the economy, encouraging spending and debt, and lowering interest rates, potentially leading to larger booms and busts.

Prediction Details

Topic
Economic Growth Risk

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