Billionaire Warns: US Close to Recession, But Government Spending is Keeping it Afloat
Peter Thiel, a tech billionaire, thinks the US is on the verge of a recession. He says the economy would be in a deep dive right now if the government wasn’t spending like crazy. Government Spending: A Band-Aid on a Bigger Problem? Thiel says the government is propping up the economy by spending a ton…