The Domino Effect: U.S. Credit Downgrade, Debt Default Spike & the Bitcoin Regulation Landscape
The Mark Moss Show
00:00
US Credit Downgrade and the Impact of Government Spending
This chapter discusses the recent downgrade of the US credit and its significance, highlighting tax cuts, government spending, and political battles over the debt ceiling as factors that have undermined America's credit worthiness. It also explores the issue of big government spending programs and the potential problem of the Biden administration maintaining current levels of spending instead of cutting it back to normal.
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Transcript
