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Chris Martenson on America's Economic Decline: "We Did This To Ourselves."
In Peter's second interview with Chris Martenson, the two analyze the precarious state of global economies, particularly focusing on Japan's economic trajectory as a cautionary tale for the United States. They advocate for honest dialogue and collective action to address impending economic catastrophes as brought on by an inability to pay the debt, emphasizing fiscal responsibility and the need for communities to unite in navigating during the coming economic calamity.
Chris Martenson, Ph.D., MBA is an economic researcher and futurist, and founder of PeakProsperity.com. His COVID video series garnered more than 40 million views and has helped millions better understand, adapt, and prepare for the Pandemic of 2020.
Peter's previous interview with Chris: https://www.youtube.com/watch?v=tzF-2_O0UX8&t=276s
Peak Prosperity: https://www.youtube.com/channel/UCD2-QVBQi48RRQTD4Jhxu8w
Chapters
0:00 Intro
02:08 National Debt
16:20 Inflation
22:21 Assets and wealth
30:55 High taxation
36:41 Future fiscal stability
45:25 Japan's economic decline - canary in the coal mine?
52:39 Addressing US deficit
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