3min chapter

Tom Bilyeu's Impact Theory cover image

Why Your Money Becomes WORTHLESS & How To Build Wealth In The NEW ECONOMY | Robert Breedlove

Tom Bilyeu's Impact Theory

CHAPTER

You Can Use Debt Intelligently

In a world where currency holds steady or deflates, don't you think that'd be a pretty different world? Maybe better. There's no doubt. Today our debt, global debt to GDP is like 350%. That's saying we have 350% in liabilities relative to about 100. So it's $100 trillion in global GDP, roughly $350 trillion in global debt. The accumulation of debt shrinks people's time horizon and disincentivizes saving.

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