Show Notes
When Natalie Brunell asks macro analyst Luke Gromen if he belongs in the "Doomer" bucket, his response is a swift reality check backed by 150 years of economic data. Gromen points out that historically, out of 58 countries whose debt-to-GDP ratio hit 130%, 57 ended up defaulting on that debt, primarily by inflating their currency away. With the U.S. crossing that exact 130% threshold in the summer of 2020, Gromen argues that warning about the system isn't pessimistic; it’s an absolute mathematical certainty. #investing LukeGromen #SovereignDebt #MacroEconomics #Inflation #USDebt #FinancialRealism #Default #NatalieBrunell #CoinStories
