Interest is the United States' Second Largest Expenditure
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YouTubePrinciples by Ray Dalio
Interest is the United States' Second Largest Expenditure
This year, the US will spend 40% more than it’s taking in. This number is increasing each year — and our debt plays a major role. This is a big problem, especially because cutting our spending is a difficult political issue. And as we continue to add to the debt, the supply-demand picture worsens. I fear that we are approaching the point ...
25.5K views5 days ago
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