The Soviets went nuts on money printing in the years before the collapse. pic.twitter.com/ccDFEykUlY
— Balaji (@balajis) August 11, 2025
When government spends 100% of GDP you might call it the ultimate all-you-can-eat buffet.
I’m not sure people realize government spending % of GDP is close to 50%
And the trend is higher
What do you get when gov spending is 80%? 90%? 100%?
And how would you expect an economy to perform with gov spending at 10% vs 50% vs 90%? pic.twitter.com/Z6CbnhemCi
— George Gammon (@GeorgeGammon) August 11, 2025