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7/6/23 Ryan McMaken: Where in the Boom-Bust Cycle Are We?

Scott Horton Show - Just the Interviews

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The Debt Service Crisis

CNN's John Sutter asks: Is there a point where the world just gives up on this and says it? "The issue is, can you keep up with the debt service?" The federal government has to pay more in debt service than it pays for its defense budget. But at some point, that starts to overwhelm the entire federal budget.

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