Debt and Deficits
The discussion highlights the ongoing military conflicts involving the U.S. and draws parallels to historical debt levels post-war. Insights reveal a concerning lack of consensus on reversing pandemic-induced fiscal deficits, suggesting that younger generations may face a new economic norm. Lessons from the pandemic appear overlooked, leading to a potentially higher structural deficit that could reshape future economic landscapes.In this clip
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All Else Equal: Making Better Decisions
Ep47 “Is the U.S. National Debt Sustainable?” with Mohamed El-Erian
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