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#640 - Malcolm Collins - Why Do So Many People Not Want To Have Children?

Modern Wisdom

NOTE

The Miracle and Peril of Debt

Debt is a miracle that allows investments to grow exponentially but can also lead to catastrophic downfall if things shrink even a little. Everything from land to nations is leveraged to the hilt, and if it starts shrinking, the entire system falls apart. The national debt is different from personal debt, but we may soon see a similar downfall.

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