Democrat stimulus bill slammed by bond king Jeff Gundlach - Business Insider

while the total combined amount of state aid provided, if the Democratic bill passed, would pass $5 trillion.

His sentiments echoed the views of several prominent Republicans who have criticized the massive state aid programme. than extend federal aid that would require further deficit spending. He later rowed back the comments after a sizeable backlash.over the purpose of taxation if "endless" borrowing is viable. In a stinging attack, Gundlach appeared to suggest that the Treasury Department's levels of borrowing are unsustainable.

"It could even be a modest % of what they earn every year. We could have an agency collect it and everything," AOC said in her Twitter thread.Do you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please emailfrom Business Insider Intelligence on how COVID-19 is affecting industries.

JELLO

OK and. Nobody gives a fuck

Guy hoarding money worried about others getting too much. There’s your corrected headline.

Where were this genius billionaires warnings when trump’s administration was tanking our economy through ignorance? If Gundlach is farsighted, why no warning? Or maybe he’s just not that brilliant. Our economy will be better off if everyone eats. Bond profits, who cares?

Tax rates for those who make fortunes off of pushing paper will undoubtedly go up so those types will not have to mow lawns and spread asphalt.

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