11min chapter

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#1412 James Lavish | Bitcoin & The National Debt Crisis

The Pomp Podcast

CHAPTER

The U.S. Debt Dilemma

This chapter explores the escalating U.S. national debt, likening it to a 'zombie company' with unsustainable finances. It examines the substantial budget deficit and discusses potential solutions, such as spending cuts and tax increases, while highlighting the associated political challenges. The conversation also addresses the implications of high taxes on productivity and the impact of inflation on debt management.

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