4min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E1: US Response to COVID-19 & Impact on Startups, Venture Capital & Public Markets with David Friedberg

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

The U.S. Dollar Is Going to Collapsing

The newest national debt is at 23 trillion dollars, a hundred eghty nine thousand dollars for each citizen who pays taxes. Weve run rror spending, or budget deficit, as is thebil is, a trillion dollars a year. A two to three trillion dollar stimulus package will increase the national debt load by only ten%. But boy, was this a strategic mistake for us to run up a daddorin good times? It's even simpler than this, like a and, and i hate to say this so bluntly, but the zuro zone is going to colla.

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