U.S. Debt Ceiling Dilemmas

This chapter examines the critical issues surrounding the U.S. debt ceiling, including persistent budget deficits and challenges in military spending. It highlights the risks of rising debt levels and the implications for the treasury market and economy, as well as the recurring fears of potential defaults.

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After the U.S. and China announced a 90-day pause on tariffs, signaling a massive de-escalation of the trade wars, markets rallied.

In this week’s Bits + Bips, the panel covers the biggest macro and crypto forces in motion right now:

Will US-China tariff reset reshape the global economy, or just kick the can down the road?
America’s ballooning deficit and why politicians are spending like it’s wartime.
Why some think ETH has a unique lane to outperform.
How policymakers ignore the power of the crypto community at their own risk.
Plus: Saylor copycats, Solana’s risk-reward balance, and whether stagflation or recession is still in the cards.

Sponsors:

Bitwise

Ram Ahluwalia, CFA, CEO and Founder of Lumida
Steve Ehrlich, Executive editor at Unchained

Guests:

Peter Tchir, Head of Macro Strategy at Academy Securities
Zach Pandl, Head of research at Grayscale

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McKinsey: Chinese Consumption Amid the New Reality
CBS: U.S. Could Face Default by August if Congress Doesn't Address Debt Ceiling, Bessent Says