
Despite the Data, Economy May Already Be in Recession - Ep 943
The Peter Schiff Show Podcast
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Government Spending, Debt, and Economic Growth
This chapter explores the relationship between government spending, borrowing, and economic growth. It discusses the unsustainable nature of debt-driven growth and questions the accuracy of GDP numbers. The chapter also highlights trade deficits and America's transition from a wealthy creditor nation to accumulating liabilities.
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