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Billionaire Entrepreneur: “America Will Collapse Without A Recession” | Joe Lonsdale

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The Role of Government Employment and Economic Cycles in Wealth Creation

This chapter explores how growth in government jobs may hinder wealth creation and efficiency, contrasting it with the private sector's approach to resource management. It also discusses the role of economic recessions in recalibrating the market, arguing that while challenging, they are essential for fostering sustainable growth.

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