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BTC093: The Debt Spiral Defined w/ James Lavish (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Is There a Linear Spirale?
As interest rates go up, it squeezes margins for companies. The government's tax revenues are going lower. And so now you've got a situation that your interest payments are going up and your tax revenues aregoing down. It's just a spiral. There's no way out of it.
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