Billionaire Chamath Palihapitiya Sounds Alarm on US Debt Crisis, Warns of Credit Downgrade, Treasury-Dumping Risk and More

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Billionaire venture capitalist Chamath Palihapitiya warns that a newly passed bill by Congress could deal long-term damage to America’s balance sheet. On May 22nd, the House of Representatives greenlit The One, Big, Beautiful Bill, which is designed to fuel America’s economic growth by making the 2017 Trump tax cuts permanent in addition to other pro-growth policies. In a new episode of the All-In Podcast, Palihapitya laments that the last-minute bill passed by Congress runs counter to meaningfu...