The Great Simplification with Nate Hagens cover image

Doomberg: "Our Fragile Energy Economy"

The Great Simplification with Nate Hagens

00:00

Debt Jubilee and the Uncertain Future of the US Economy

Debt jubilee is not likely to be a single event, but a gradual process./nModeling and predicting debt jubilee is extremely challenging./nHistorically, unsustainable situations eventually come to an end./nThe US is currently spending a trillion dollars on interest on its debt./nThe country may need to reduce its spending or default on obligations./nDomestic and foreign debt holders may be treated differently for political reasons./nThere is a connection between energy, finance, and the concept of debt jubilee.

Play episode from 01:07:42
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app