The Debt Bubble and the Debt Cycle

I want to have an insurance policy against it because they have printed so much money and gone so far into debt that at this point we are just kicking the can down the road. Jeff Booth, I think is one of the most thoughtful thinkers on this in the space where his book, The Price of Tomorrow talks about this debt bubble and debt cycle That we have created ourselves and policymakers have created probably with some good intentions. But for a lack of knowledge and real economics, but we have these asset bubbles and all the money is flowing into real estate and equities and that's people savings accounts today. Most of them don't save, don't have equities and don't, you know,

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app