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The Best of Hedgeye: Jim Rickards → Global Chaos Ahead. Buckle Up.

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The Burden of National Debt

This chapter analyzes the financial consequences of government stimulus programs and their contributions to the escalating national debt, which has risen sharply from $21 trillion to $34 trillion. It critiques modern monetary theory and discusses the implications of high debt levels on future economic stability, emphasizing real household financial struggles. By connecting economic principles with relatable scenarios, the discussion seeks to elucidate the complexities of economic indicators and their impact on the average American.

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