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America’s Addiction to Easy Money, with Ruchir Sharma

Capitalisn't

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Navigating National Debt and Financial Crises

This chapter examines the growing concerns about national debt and its implications for the US economy, emphasizing the significance of fiscal policy in light of demographic challenges and high debt-to-GDP ratios. The discussion also highlights the influence of recent appointments like Treasury Secretary Scott Bessent and explores the behaviors of big businesses during financial crises, alongside the complexities that arise in managing public trust and economic stability.

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