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Billionaire investor Chamath Palihapitiya warns that a newly passed tax bill could worsen America’s debt crisis. He predicts rising Treasury yields and potential credit downgrades, urging investors to consider alternatives like Bitcoin.
- Chamath Palihapitiya warns the new tax bill could push 10-year Treasury yields above 5% and 30-year yields past 6.5%.
- He predicts a potential credit downgrade for the US and a shift toward alternative assets like Bitcoin.
- Elon Musk argues only radical GDP growth can offset America's escalating debt problem.
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