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Higher interest rates due to deficits will make it harder for young people to buy houses and for businesses to make new investments.

causalpending

Speaker

Lawrence Summers

Evidence Quote

“It's going to be harder for you guys to buy houses cuz of higher interest rates cuz of all the debt that we have. It's going to be harder for businesses to make new investments because of the debt that uh we have.”

Source

Tariffs, Decline, and the Promise of AI | A Conversation with Larry Summers and Niall Ferguson— University of Austin (UATX)
Created: 8/11/2026, 6:52:24 AM

My Notes

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