national debt
3 statements across 2 episodes · 0 bullish · 3 bearish · 2 people on the record · first statement Mar 30, 2020 by Howard Marks · across every show →
Everything said about national debt, oldest first
Mar 30, 2020 bearish
Jun 30, 2025 negative
Freise: Indebted governments resort to financial repression to inflate away debt
“So if you don't, if you can't really raise taxation And if you can't really reduce expenditure, the only other way to do it, to get rid of your, you know, interest income, if your interest load is to inflate away your debt, right? So you do financial repressio…”
Jun 30, 2025 negative
Freise: Interest on national debt exceeds healthcare and defense spending in many countries
“If you think about 20, 25, 30% of all of our budgets going to two sources. One, to just serve, serve as the interest of the existing debt stock. It's huge. I mean, in many countries, these are higher expenditures Than our healthcare or defense budgets.”