Peter St Onge Podcast Ep 103 Weekly Roundup: Jan 6 and American Authoritarianism
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Jan 13, 2025 Dive into the historical roots of American authoritarianism, with a spotlight on free speech. Explore the staggering $36 trillion federal debt and its looming impact on the economy. Discover the political turmoil in Canada as leadership shifts amidst voter discontent. Uncover the shocking $500 billion in government waste and potential reforms. Finally, gain insights into Gen Z facing financial insecurity and mental health challenges, as many feel unexpectedly in a midlife crisis due to economic pressures.
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American Authoritarianism
- Peter St. Onge discusses historical examples of authoritarianism in American history.
- These include John Adams' Alien and Sedition Acts and Lincoln's suspension of habeas corpus.
Yellen's Debt Wall
- Janet Yellen's short-term borrowing strategy created a large amount of debt needing refinancing.
- This could lead to higher interest rates, impacting private borrowers and increasing future deficits.
Trudeau's Resignation
- Justin Trudeau's resignation is part of a global trend of left-wing leaders losing popularity.
- This is due to their economic policies and social changes.