Hello,



More of my philosophy about budget spending and about the deficit and
about debt-to-GDP ratio and more..


I am a white arab, and i think i am smart since i have also
invented many scalable algorithms and algorithms..


I think i am smart, and i am still inventing my thoughts about budget
spending and about the deficit and about debt-to-GDP ratio, so i think
that the budget spending in its current form in USA is not able
to higher much more economic growth in an appreciable way, so i think
that the best way is to wait for artificial intelligence that will
enhance much more the situation, read what says McKinsey about it below,
so i think with artificial intelligence and with some form of smart
budget cuts etc., USA will be able to mitigate much more the problem of
deficit and debt-to-GDP ratio, so i think that we have not to be
pessimistic about USA, and i think that we have to be optimistic about
Canada too, and here is more proof about what i am saying:

McKinsey estimates that AI(Artificial intelligence) may deliver an
additional economic output of around US$13 trillion by 2030, increasing
global GDP by about 1.2 % annually. This will mainly come from
substitution of labour by automation and increased innovation in
products and services.

Read more here:

https://www.europarl.europa.eu/RegData/etudes/BRIE/2019/637967/EPRS_BRI(2019)637967_EN.pdf

More of my philosophy about the deficit and about debt-to-GDP ratio and
more..

I think i am smart, and i say that looking only at the debt-to-GDP ratio
is not sufficient so that to say that there is problem, since if you
look at Quebec and Canada , even with the Covis-19 crisis , Canada and
Quebec are keeping there deficits under control with smaller deficits,
so we can then say that as soon as this crisis of Covid-19 will end , so
Canada and Quebec will keep the deficits under control, so i think that
the future of Canada and Quebec will be good if there deficit will be successfully kept under control, and i think that they are smart and
they will keep the deficit successfully under control , so we have to be optimistic about Canada and Quebec.

You can read the following about Quebec so that to notice it:

https://thoughtleadership.rbc.com/quebec-to-spend-more-cuts-its-deficit-as-economy-rebounds/

And you can read this about Canada so that to notice it:

Canada sees smaller budget deficit, pushes promised spending to budget

https://www.reuters.com/markets/us/canada-outline-new-forecasts-fiscal-situation-inflation-surges-2021-12-14/


So in my following previous thoughts, USA is not keeping the deficit
under control and will not keep the deficit under control as Canada is
doing, so then USA has a problem, read my following previous thoughts so
that to notice:

And read my previous thoughts:

Canada’s debt-to-GDP ratio is alarming

Read more here:

Canada’s debt-to-GDP ratio is alarming. What happened the last time we
were in this situation?

https://www.thestar.com/business/opinion/2021/02/01/canadas-debt-to-gdp-ratio-is-alarming-what-happened-the-last-time-we-were-in-this-situation.html


More of my philosophy about the debt-to-GDP ratio of USA and more..

In USA, with a current debt-to-GDP ratio of 127%, which is expected to
rise to 277% by 2029, future economic growth of USA will not be as
robust as it has been in the past.

Read more here so that to notice it:

U.S. National Debt Expected To Approach $89 Trillion By 2029

https://www.forbes.com/sites/mikepatton/2021/05/03/us-national-debt-expected-to-approach-89-trillion-by-2029/?sh=1ca3b0555f13


Thank you,
Amine Moulay Ramdane.

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