The United States has an economic crisis on its hands. Interest rates are high, and the refinancing of $32T worth of Government debt looks like it will restrict the country's cash flows for years to come. In this video, we look at Howard Marks' explanation of the American debt crisis, and what we need to do as investors moving forward.

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★ ★ CONTENTS ★ ★
0:00 Howard Marks Sees a Big Problem Emerging
1:03 The Easy Money Isn't Coming Back
2:40 The Painful Effects of High Interest Rates
5:10 The Commercial Real Estate Example
6:58 The Government's Huge Refinancing Crisis
9:20 Marks' Advice For Investing in 2024

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