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8min chapter
#1412 James Lavish | Bitcoin & The National Debt Crisis
The Pomp Podcast
The Debt Dilemma: A Zombie Economy
This chapter analyzes the United States' national debt crisis, likening the government's financial state to that of a 'zombie company' unable to generate enough income to cover its debts. It addresses the critical fiscal challenges posed by programs like Social Security and Medicare, and explores the unsustainable pathways and limited solutions for managing the growing debt.
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