
Military Academies, Our Censors and the US Debt
The Victor Davis Hanson Show
00:00
The Growing US Debt Crisis and Potential Consequences
This chapter delves into the alarming issue of the US debt, analyzing its history and the challenges it poses. The hosts explore the concept of negative interest rates and discuss the potential outcomes of the debt crisis, including inflation, currency devaluation, wealth confiscation, and default. They also touch on the difficulties of addressing the deficit through tax increases, highlighting the impact of tax evasion and the need for efficient revenue generation.
Transcript
Play full episode