Strategy Meets Finance Why You Should Care About Debt Cycles | Ep 11
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In 2020 we are expected to have a federal deficit that exceeds 3 trillion dollars.
1 trillion dollars is a thousand billion dollars, or a million, million dollars.
If you took $1 bills and stacked them in a pile it would measure 67,866 miles long, which would stretch around the Earth's equator 2.72 times. The federal deficit is three times this.
Listen now to learn why you should care about debt cycles.
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