8/3/24

July 2024, Chicken Little Portfolio Performance

Can AI pay Government debts?

The US Government is overspending at an historic rate. Chicken Little believes the most likely end-game is for the bond market to choke off overspending by a rise in real interest rates. However, it is possible that AI, and technology generally, will make us so much richer that we can afford government spending and thereby avoid disaster. 

Can AI feed the US Government?