Jan van Eck: ETFs, Global Macro, Tokenization
Real Vision: Finance & Investing
The Debt Growth Cycle and its Implications
The chapter explores the debt growth cycle, discussing national government debt, state and local debt, and over-the-counter market debt. It highlights the concept of a debt jubilee and the monetization of interest payments. The chapter also examines how China is facing similar challenges with debt servicing costs.
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