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Is America the Next Big Short? With Michael Lewis

The David McWilliams Podcast

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The Erosion of Trust in America

This chapter examines the declining trust in American institutions and society, particularly focusing on how it has been manipulated by political figures. It discusses the implications of this loss of trust on financial stability, including the Federal Reserve and the U.S. dollar's credibility, and draws parallels to historical economic crises. The conversation delves into the psychological aspects of loyalty towards controversial leaders and the potential triggers for shifting public perceptions amid political and financial uncertainty.

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