$40 Trillion Debt Warning: Doug Casey Sees Greater Depression Risk for US Economy - Bitcoin News
$40 Trillion Debt Warning: Doug Casey Sees Greater Depression Risk for US Economy - Bitcoin News
Source: Bitcoin News
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DW NOTE
Doug Casey has spent forty years predicting the Greater Depression. The US national debt has grown from $1 trillion when he started to $40 trillion today, and none of his prophecies have materialised. He's now made the same forecast so many times that he could be simultaneously right about debt dynamics and completely wrong about outcomes — a perfect record of analytical consistency meeting empirical failure.