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2min chapter
America’s ‘Debt Spiral’ Is Nearing a Critical Threshold
Big Take
The Influence of Bond Markets on Government Economic Agendas
This chapter explores the influence of bond markets on government economic agendas and the potential impact on the current debt crisis, referencing a joke made by James Carville. It speculates on the possibility of market pressure forcing action on the crisis but acknowledges the need for significant action.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode