All-In with Chamath, Jason, Sacks & Friedberg
Yen Carry Trade, Recession odds grow, Buffett cash pile, Google ruled monopoly, Kamala picks Walz
Freeberg
In the US for comparison, social security is about 20% of federal spending. So that number is only getting bigger and bigger. As the population ages, the Japanese government has to continue to service their older population And they've had to face several crises. Their debt has ballooned to a level that is well beyond any other industrialized nation.
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