ilmscore | Prediction Details
"when you go through this phase people start to make less money as people start to make less money as people start to make less profits the government generates less tax dollars so the government is generating less tax dollars during a time where the government needs more money because the government is funding more stimulus programs they're funding more growth in the economy that means the government has to create more money through the central banks or they have to tax their citizens more"
By Minority Mindset | December 13, 2024 | Pending
From video
Ray Dalio’s Warning for America - The Long-Term Debt Cycle 00:09:51 - 00:10:14
Interpreted Prediction
Ray Dalio predicts that during the down phase of a long-term debt cycle, governments will face declining tax revenue while simultaneously needing more funds for stimulus programs, forcing them to either create more money or increase taxes.

Prediction Details

Topic
Government revenue and spending

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