The Anatomy of a Credit Downgrade – May Keynesian Spending RIP
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The Anatomy of a Credit Downgrade – May Keynesian Spending RIP
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Is the U.S. heading for a debt disaster or just waking up from a spending spree?
In this episode of On Wealth and Progress, Todd Sheets breaks down what really caused the recent U.S. credit rating downgrade, why it started way before Biden or Trump, and why Keynesian spending might finally need to be put to rest.
You’ll learn:
Why our debt keeps rising no matter who’s in charge...
What Keynes got wrong (and why it still matters)...
How past presidents (from Reagan to Obama to Biden) added fuel to the fire...
👉 Subscribe to the free newsletter: https://toddsheets.substack.com/
📘 Grab the book 2008: What Really Happened:
https://www.amazon.com/2008-Really-Happened-Todd-Sheets/dp/1641773936/
🌐 Learn more at: https://toddsheetswriter.com/
The video unpacks the history behind the U.S. debt crisis including how deficit spending, failed economic ideas, and political gridlock brought us to this point. Learn what needs to change before it’s too late.
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