AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Surging US Debt and its Consequences
This chapter explores the surging US debt and its consequences, including the increasing interest payment, crowding out of other spending, and the failure to lock in low-interest loans. The speakers also discuss the lack of demand for treasury bonds, the precarious geopolitical environment, and the potential long-term consequences of the growing debt.