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While A Brief Bounce Is Likely Next, Market To Face Decade-Long Headwinds | Adam Taggart

Wealthion - Be Financially Resilient

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The Impact of Increasing Debt

The chapter discusses the distortion in the economy due to the increase in total debt over the past decade. It mentions the impact of higher interest rates and foreign governments buying less of the debt. The speaker brings up charts to highlight the rapid growth of debt compared to GDP, showing its negative consequences and the projection of budget deficits and debt issuance in the future.

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