EP. 769: AMERICA'S EXPLODING DEBT BOMB

Read Ted's piece in Compact Magazine here: https://www.compactmag.com/.../americas-exploding-debt-bomb/ From the article:   "The numbers are grim. The debt-to-GDP ratio has remained above 120 percent since 2020, higher than it was at the end of World War II. The national debt is set to hit $40 trillion in 2026, up from $530 billion in 1975. Meanwhile, the 10-year Treasury yield, a key benchmark for everything from mortgages to business loans, has climbed from a pandemic low of 0.6 percent to more than 4.5 percent, driving up the cost of credit across the board, pinching ordinary Americans in the form of rising housing costs and inaccessible credit. Bond yields have continued to rise even after Trump softened or paused some of his tariffs. "   Check out our new bi-weekly series, "The Crisis Papers" here: https://www.patreon.com/bitterlakepresents/shop Thank you guys again for taking the time to check this out. We appreciate each and everyone of you. If you have the means, and you feel so inclined,   BECOME A PATRON! We're creating patron only programing, you'll get bonus content from many of the episodes, and you get MERCH!   Become a patron now https://www.patreon.com/join/BitterLakePresents? Please also like, subscribe, and follow us on these platforms as well, (specially YouTube!)   THANKS Y'ALL   YouTube: https://www.youtube.com/channel/UCG9WtLyoP9QU8sxuIfxk3eg Facebook: https://www.facebook.com/Thisisrevolutionpodcast/ Twitter: @TIRShowOakland Instagram: @thisisrevolutionoakland   Read Jason Myles in Sublation Magazine https://www.sublationmag.com/writers/jason-myles   Read Jason Myles in Damage Magazine https://damagemag.com/2023/11/07/the-man-who-sold-the-world/   Read Jason in Unaligned here: https://substack.com/home/post/p-161586946...   Read, "We're All Sellouts Now" here: https://benburgis.substack.com/.../all-we-ever-wanted-was...