Debt problem
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Why I'm Pessimistic About the Debt Problem
Principles by Ray Dalio· 2025-10-24 13:28
My understanding of economic history is every fiat currency has ultimately failed because of the dynamic you're talking about. Political pressure to not cut spending results in an inability to raise taxes results in basically uh the failure you're talking about. It kind of plays out everywhere.What are you telling these guys in addition to the pledge. What is realistic on the tax side. What do you I mean what do you think could be is it an alternative minimum tax on corporations and individuals.is a reducti ...