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15min chapter
Raoul Pal & Julian Bittel: Making Sense of Everything (Masterclass)
Raoul Pal: The Journey Man
Trends in GDP, Debt, and Demographics
This chapter explores the trend rate of US GDP and the impact of an aging population on economic growth, along with the concerning trend of increasing debt growth. It discusses the introduction of Basel 3 and its influence on debt distribution among households and corporations, emphasizing the role of demographics in driving economic patterns and debt accumulation.
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