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25min chapter
Fix the Money, Fix the World with Lawrence Lepard (WiM469)
The "What is Money?" Show
Government Deficits and Rising Debt: A Looming Crisis
The chapter explores the rising US federal debt compared to GDP, emphasizing the risks and implications of continuous borrowing to fund government programs. It warns of a looming sovereign debt crisis, escalating interest costs, and the delicate balance between rising rates and economic collapse. The discussion concludes with advice on alternative asset investments to safeguard against the impending economic crisis.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode