EPISODE · May 7, 2024 · 26 MIN
America Has Become a Consuming Nation
from The Generations Radio Program · host Generations
Over the past 10-15 years, America has become a consuming nation, spending more money than has ever been spent in the past. The debt to GDP ratio has increased from 56% to 129% since 2008. What happens to a nation that consumes more than they produce, and what is the root problem when this occurs?
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