The Deficit Narrative May Find Its Cure In Artificial Intelligence

(16min)

Summary

  • In this post, we will discuss the “deficit narrative,” the likely outcomes, and why the cure for the deficit may be found in Artificial Intelligence.
  • Investors must understand a critical accounting concept: that the government’s debt is the household’s asset. In accounting, for every debit, there is a credit that must always equal zero.
  • The infrastructure buildout for AI data factories can drive economic growth by creating jobs, stimulating industries, and enabling AI-driven productivity gains.

The New York Stock Exchange on the Wall street sign

Dmitry Vinogradov

Lately, the “deficit narrative” has dominated much of the financial media, particularly those channels that are continual “purveyors of doom.” In this post, we will discuss the “deficit narrative,” the likely outcomes, and why the

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After having been in the investing world for more than 25 years from private banking and investment management to private and venture capital; I have pretty much "been there and done that" at one point or another. I am currently a partner at RIA Advisors in Houston, Texas.

The majority of my time is spent analyzing, researching and writing commentary about investing, investor psychology and macro-views of the markets and the economy. My thoughts are not generally mainstream and are often contrarian in nature but I try an use a common sense approach, clear explanations and my “real world” experience in the process.

I am a managing partner of RIA Pro, a weekly subscriber based-newsletter that is distributed to individual and professional investors nationwide. The newsletter covers economic, political and market topics as they relate to your money and life.

I also write a daily blog which is read by thousands nationwide from individuals to professionals at www.realinvestmentadvice.com.

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