Most of the US debt growth over Vangermeersch's career (added 30 trillion to the original ~4.5 trillion base) went to funding unproductive items (foreign wars, social transfer payments) rather than productive infrastructure (dams, highways, railroads), indicating the debt is financing consumption and geopolitical competition rather than asset creation.
factualpending
Speaker
Louis VangermeerschEvidence Quote
“what did the US get for that 30 trillion you know where's the Hoover Dam where's the uh interstate highway system where's the highspeed Rail Link [1:09:54]”
Source
From Wedlock to Deadlock: The East-West Divorce - with Brent Johnson and Louis Gave— In Gold We Trust [EN]Created: 8/12/2026, 6:04:21 PM
My Notes
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