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Lyn Alden: The Economy Is Trapped In A Vicious Cycle Of More Debt & Bigger Deficits
Today's guest expert, Lyn Alden details out why today's high debt balances & high interest costs are forcing high fiscal deficits... which will require more debt monetization.
It's a vicious cycle similar to the 1940s.
Buckminster Fuller, the famous architect and systems theorist, famously said: "You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete."
Lyn brings an engineering approach to finance and investing and spends a lot of time looking for better models we should consider adopting as both a society & as…
The skinny
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