@TJEadington@Marlin_Capital The federal reserve of st louis gave an estimate of 27-40 percent depending on how it is measured relative to GDP. Estimates out of Congress; never exceeded 40 percent even during peak spending of 1944.
@GaryMarcus my guess is; it will deepen their moat but transform there companies from superior business models to asset heavy structures like railroads and utilities that are at best average returning companies
@JavierBlas If this all works out in the end; cancel all subscriptions to the oil experts. A lot of them are saying the world is going to end and it just a matter of time.
@bennpeifert I buy and sell options all the time. The scary thing is; I didn't understand a word you posted. I probably better stop before i blow up my account
@dwarkesh_sp You really have to have a PhD to believe such bullshit in the first place. Just reading a few history books from chroniclers of ancient history would have more than hinted at this finding. Unspeakable tortures and murder everywhere and they thought they where civilized.