1929, 2000, 2008 are all times we removed govt funding of the private sector. Seems like capitalism can't survive without govt funding. Don't be fooled, the anti-govt spending types are really the ones who are anti-capitalism.

Just had the talk with my daughter.

1) Macro views are pretty much 💀 without this 2) Dinosaur linear econometric models gone 3) A glimpse into how a technocratic AI Central Planning future could work Douglas youtube.com/live/vEiy1c0uK…

Oh my... We have some really great tools in the pipeline at Modern Macro Technologies.🤯

And investment is a prerequisite for savings.

This is why system dynamics is the only path forward for macro. We are in a system state (as Ben explains) that can only be analyzed via SD simulation. Add in a deep learning layer to optimize and then you can bridge the gap to AI If only someone was building this already...

At Modern Macro Technologies we now boast the largest non linear, system dynamic, interactive forecast model of the US economy on the planet. Very near full launch!🥳

I just heard America is going bankrupt so I did some research, the last two times we ran a sustained budget surplus: 1927-1929 & 1998-2000. I'm not much of a history buff, does anyone know what happened in the decade following each of these events?

Great idea James! Using DeepMinsky s1 to run the counter-factual on inflation following covid.

DeepMMT 7 weeks later

PulseGDP Weekly Summary Latest estimate: - June 20, 2025 The PulseGDP model estimate for real GDP growth is 0.73% on June 20, 2025, the same from 0.73% on June 13, 2025.

Agreed. Empty beaches as far as the eye can see.