#153 - Luke Gromen - The AI-Debt Collision Breaking the Financial System

Governments aren't going to pay this debt down in real terms. More likely, they pay it back in weaker money.

Luke Gromen argues we're already deep into a sovereign debt cycle - and that AI could speed up the moment it really starts to crack.

In this interview we discuss how the system works: leverage, entitlements, interest costs, bond markets - and what happens when deflation hits an economy that depends on inflation to stay upright.

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TIMESTAMPS:
00:00:00 – Debt Reality
00:01:57 – Math vs Politics
00:06:26 – Already In It
00:08:51 – Japan Warning
00:14:38 – Acute Phase Risk
00:15:32 – What To Do
00:21:33 – End Of The Cycle
00:34:13 – AI Disruption
00:40:20 – 2007 Parallel
00:49:07 – UBI & Politics
00:58:02 – Sovereign Insolvency
01:08:26 – Meaning & Collapse

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CONTACT PETE
› Website – http://petermccormack.com
› Feedback – https://www.petermccormack.com/contact
› Email – [e-mail]
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CONNECT WITH LUKE GROMEN
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› Website – http://fftt-llc.com/

SPONSORS
› IREN - https://www.iren.com/
› Ledger - https://www.ledger.com/

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LISTEN / SUBSCRIBE
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FILMED BY CURTIS TAYLOR
› https://www.curttaylor.co.uk/
› https://x.com/curttayloruk/

EDITED BY CONOR MCCORMACK
› https://x.com/ConorM04

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