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Is Everyone Wrong About U.S. Rates? With Harry Melandri

Real Vision: Finance & Investing

00:00

The Importance of Government Spending in Growth

Is there a message when a good portion of the growth in GDP is derived from government spending? Does the makeup of the growth matter? Yeah, I mean, I don't want to get political. But as the classic concept is crowding out, and we argue that high quality growth is seldom government inspired growth growth.

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