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E131: 2024 Fantasy President picks, debt ceiling agreement, Dollar dominance & more
All-In with Chamath, Jason, Sacks & Friedberg
The Circular Argument for Cutting Revenue
The debt is getting bigger and bigger at the same time that foreign governments in general don't want to fund our debt. So, therefore, interest rates will rise. Our interest costs will keep going. And we get back to the circular argument, which is, I don't think it's possible for politicians to cut expenses.
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