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News Block: Bitcoin Price Recovers as GBTC Outflows Slow, Halving Impact on Bitcoin Mining Profits, 2024 Fiscal Deficit Could Exceed $2 Trillion, Yellen Admits Prices Not Coming Back Down

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Government Spending, Rising Deficit, and Potential Economic Troubles

This chapter discusses the current state of the US economy, focusing on the impact of government spending and the increasing fiscal deficit. It explores the consequences on asset prices, the possibility of a recession, rising unemployment rates, and increasing credit card debt.

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