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Peter McCormack, chairman of Real Bedford FC at What Bitcoin Did Podcast, discusses the $10 trillion of debt that the U.S. needs to roll over. He speaks with Simon Dixon about economic pressures on citizens and concerns over increasing control measures.
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McCormack has previously highlighted falling U.S. economic confidence and stagnant growth in recent analysis. He has also argued that repeated tax increases and government borrowing could leave the middle class more burdened, according to earlier commentary. His comments come amid ongoing discussion of rising inflation and debt pressures.