The Minutes of David Friedberg on debt https://minutesof.com/david-friedberg/on/debt/ Everything David Friedberg has said on debt: 7 verbatim quotes between July 2024 and May 2026, each with a timestamp and a link to the recording it came… en Sun, 30 Aug 2026 16:22:43 +0000 Friedberg claims 63 percent of Americans have negative equity with more debt than assets and no economic mobil https://minutesof.com/q/fb267894-f670-43d9-b8fa-edf17714769f/ https://minutesof.com/q/fb267894-f670-43d9-b8fa-edf17714769f/ “They have more debt than they have assets and everything's getting more expensive and no one's moving up the economic ladder. There's no mobility anymore.” — All-In Podcast Tue, 12 May 2026 21:17:30 +0000 debt Friedberg states California faces 250 billion to 1 trillion dollars in unpaid retirement obligations making it https://minutesof.com/q/34abd78d-6fb7-44ba-b037-a5e9c74f3567/ https://minutesof.com/q/34abd78d-6fb7-44ba-b037-a5e9c74f3567/ “And I'm talking about somewhere between 250,000,000,000 and $1,000,000,000,000. California is bankrupt. That is a major Right. Fact that is completely ignored by” — Suffiyan Malik Fri, 27 Mar 2026 00:34:36 +0000 debt Friedberg states US has $40 trillion debt, $2 trillion deficit, with $1 trillion just in interest payments. https://minutesof.com/q/2b84c785-f4d1-4693-b0dc-c2bba793657c/ https://minutesof.com/q/2b84c785-f4d1-4693-b0dc-c2bba793657c/ “We have $40,000,000,000,000 of debt and we're gonna have a $2,000,000,000,000 deficit this year. A trillion dollars of that is just interest on the existing debt. That number is getting bigger and bigger every year.” — All-In Podcast Wed, 18 Mar 2026 11:36:21 +0000 debt Friedberg cites California's $18B deficit and up to $1T pension shortfall alongside US $40T debt problem. https://minutesof.com/q/9f380e06-49cc-492f-8033-9c8bfd8a4007/ https://minutesof.com/q/9f380e06-49cc-492f-8033-9c8bfd8a4007/ “That money has to come from somewhere. The United States is 40,000,000,000,000 in debt. We're burning 1,500,000,000,000, maybe 2,000,000,000,000 a year.” — All-In Podcast Tue, 13 Jan 2026 03:27:21 +0000 debt Friedberg states the US has $33 trillion national debt and a proposed $7 trillion budget next year. https://minutesof.com/q/4437c40f-7dde-41a0-9e01-a530cdea0edf/ https://minutesof.com/q/4437c40f-7dde-41a0-9e01-a530cdea0edf/ “We are proposing the federal administration is proposing a $7,000,000,000,000 budget next year. We have $33,000,000,000,000 of national debt.” — Tom Bilyeu Tue, 02 Jul 2024 13:00:38 +0000 debt Friedberg calculates refinancing half of U.S. debt at higher rates adds $300 billion in annual interest paymen https://minutesof.com/q/84cacf70-ae6c-4b4a-a6de-8a948aa1a69a/ https://minutesof.com/q/84cacf70-ae6c-4b4a-a6de-8a948aa1a69a/ “And when that happens, you know, 2% increase in interest on $15,000,000,000,000 that's another $300,000,000,000 of interest payments a year.” — Tom Bilyeu Tue, 02 Jul 2024 13:00:38 +0000 debt Friedberg warns the US is already paying a trillion dollars annually just in interest on federal debt. https://minutesof.com/q/970e6b55-9e4a-4e51-bde3-9903db08ef57/ https://minutesof.com/q/970e6b55-9e4a-4e51-bde3-9903db08ef57/ “And this year, we're already paying a trillion dollars just in interest on the debt that the federal government owes to its bondholders, to the people that own treasuries.” — Tom Bilyeu Tue, 02 Jul 2024 13:00:38 +0000 debt