2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC093: The Debt Spiral Defined w/ James Lavish (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Why Advanced Economies Can't Get Away With It?

How are they able to do what they're doing over there, but no one else can get away with it? Yeah, that's a good question. And I think it has to do with the fact that Japan, they run... They're actually a net exporter. Exporters. The US is a net importer. Most economies are, right? And so most of the major ones. So the question is, we don't have the same... We don't have that same trade balance surplus in order to do ... and so it just won't work.

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