#153 - Luke Gromen - The Collision of AI and Debt: Navigating a New Economic Cycle

Governments aren't going to pay this debt down in real terms. More likely, they pay it back in weaker money.

Luke Gromen argues we're already deep into a sovereign debt cycle - and that AI could speed up the moment it really starts to crack.

In this interview we discuss how the system works: leverage, entitlements, interest costs, bond markets - and what happens when deflation hits an economy that depends on inflation to stay upright.

...