7min chapter

Raoul Pal: The Journey Man cover image

We Are All Debt Slaves

Raoul Pal: The Journey Man

CHAPTER

Navigating the Complexities of Debt, Demographics, and Deflation

This chapter explores the intricate relationship between debt, demographics, and deflation in the current economic landscape. It highlights how aging populations, high debt levels, and slow GDP growth rates create significant economic challenges. The narrative traces the economic journey post-World War II, discusses the impact of global labor forces, and reflects on the aftermath of the 2008 financial crisis.

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