Chapter
The Risk of US Debt
34:30 - 40:54 (06:23)
The increment of US debt is going up, and something's got to give. If the US tries to raise the taxes to fund these, it could cause inflation or a loss of services.
Clips
The US dollar complex dominates the world economy, but the United States currently has no competition against it.
34:30 - 38:10 (03:39)
Summary
The US dollar complex dominates the world economy, but the United States currently has no competition against it. The rate of change of the debt to GDP ratio for the G8, G20 and the rest of the world is a better indicator of global financial trends than just the United States' debt alone.
ChapterThe Risk of US Debt
EpisodeE105: Tech culture wars: Elon vs. SBF, Sabotaging Republicans with Trump
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The US cannot fund its outlay without causing either massive inflation or significant loss of services; the US debt has surpassed 20 trillion dollars, and interest payments are increasing significantly.
38:10 - 39:56 (01:45)
Summary
The US cannot fund its outlay without causing either massive inflation or significant loss of services; the US debt has surpassed 20 trillion dollars, and interest payments are increasing significantly.
ChapterThe Risk of US Debt
EpisodeE105: Tech culture wars: Elon vs. SBF, Sabotaging Republicans with Trump
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The dominance of the US dollar may shift if a consortium of countries becomes a closer trading partner.
39:56 - 40:46 (00:49)
Summary
The dominance of the US dollar may shift if a consortium of countries becomes a closer trading partner. The US balance sheet is in a dire situation with 130% debt to GDP ratio.
ChapterThe Risk of US Debt
EpisodeE105: Tech culture wars: Elon vs. SBF, Sabotaging Republicans with Trump
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
A speaker dismisses economists and their research as "morons" and "fake experts".
40:46 - 40:54 (00:08)
Summary
A speaker dismisses economists and their research as "morons" and "fake experts".