3min chapter

The Café Bitcoin Podcast cover image

Swan Private Macro Friday with Steven Lubka, John Haar, TXMC and Joe Carlasare + AI4ALL Hackathon with Kody Low and Fedi - July 28th, 2023

The Café Bitcoin Podcast

CHAPTER

The US CBO's New 30 Year Forecast for Debt and GDP

The government is the prime example of taking out debt, piling it on and not actually increasing your ability to repay it. The corporate side's pretty freaking bad too. If you go back to 1980, which is what SIFMA will show me in terms of data on US corporate bonds outstanding, it literally has not decreased any calendar year since 1980. Every single year is an increase. It's just a question of how big the increase is. And I think that's what we're going to see in the coming years.

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