What worries me is that in these great economic times, we are running trillion dollar deficits. That begs the question: what will the deficits be if we have a recession? It's incredibly irresponsible and dangerous to run deficits this large when you are not in a recession. And what about interest rates? If we have to fight a recession by lowering interest rates, will we have to lower them below zero?

This economy might look good, but it is built on quicksand, pumped up by low interest rates and huge government deficits.

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