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The Secrets of Global Finance Explained with Luke Gromen (WIM445)

The "What is Money?" Show

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The Looming Global Sovereign Debt Crisis

Exploring the historical parallels and contemporary implications of a global sovereign debt crisis, this chapter delves into the relationship between peak cheap oil and rising debt levels. It discusses the potential outcomes of high debt levels, from inflation to hyperinflation, and the impact on global power dynamics, especially focusing on the US economy and its challenges with debt exceeding 100% GDP.

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