The "What is Money?" Show cover image

Fix the Money, Fix the World with Lawrence Lepard (WiM469)

The "What is Money?" Show

CHAPTER

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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