The Great Simplification with Nate Hagens cover image

Doomberg: "Our Fragile Energy Economy"

The Great Simplification with Nate Hagens

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The Debt Jubilee

The U.S. has been able to kick the can down the road predominantly because of the US dollar hegemony and its role as both a reserve currency and a reserve asset in the form of treasuries. We will eventually have to default on debt that can't be paid back, he says. "We debanked Russia. It may be justified. We may think it's brilliant policy"

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