You end up with $34 trillion in debt. And so what's going to happen with that? Just take that forward. You have to look at Japan. What happened in Japan... they're like 250% of their debt to GDP ratio. They've had 30 years of zero growth. Why do they have zero growth? Because all of the money is consumed by interest payments on the debt and there's no capital left over for entrepreneurs to go out and create jobs. (13:27–13:34)
CLAIM
Asserts that Japan's debt-to-GDP ratio is approximately 250%.
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