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Johannesburg Fire; US Deficit; China; Canada Behind; Food Costs; Diamonds | YBS: News Roundup Sept 4

Yaron Brook Show

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Factors contributing to the increase in the US deficit and potential consequences

This chapter explores the reasons behind the rise in the US deficit and its potential consequences. It discusses the impact of bipartisan acts, increased debt repayment, inflation's effect on Social Security payments, and the decrease in tax revenue from capital gains. The chapter also emphasizes the need to address Social Security and Medicare to effectively tackle the deficit.

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