https://minutesof.com/on/debt/ Everyone on the record about debt: 18 verbatim quotes from 7 people, April 2020 to August 2026, in one chronology, each with a timestamp and a link to its… en Sun, 30 Aug 2026 22:32:54 +0000 https://minutesof.com/q/a57f7628-9d01-45ea-854c-c064550bc8ee/ https://minutesof.com/q/a57f7628-9d01-45ea-854c-c064550bc8ee/ “So why wouldn't interest rates Yep. For Amazon go from, you know, from where they are today? I think Meta pay okay, let's like so this is going be extremely lived out.” — Dylan Patel, Dwarkesh Patel Tue, 25 Aug 2026 15:57:53 +0000 debt https://minutesof.com/q/19475f58-3551-48c1-8f14-1441b116b5aa/ https://minutesof.com/q/19475f58-3551-48c1-8f14-1441b116b5aa/ “In the modeling that we do, we have about $11,000,000,000,000 of CapEx from 2024 to 2029. Total. Total.” — Dylan Patel, Dwarkesh Patel Tue, 25 Aug 2026 15:57:53 +0000 debt https://minutesof.com/q/40db7485-fba4-447c-9b56-b148819fabb9/ https://minutesof.com/q/40db7485-fba4-447c-9b56-b148819fabb9/ “The Biden administration had the highest deficit to GDP in history when we weren't at war or weren't in a recession.” — Scott Bessent, Forbes Breaking News Thu, 20 Aug 2026 21:40:21 +0000 debt https://minutesof.com/q/736a31d5-7520-41fc-a660-bf0bf6e99fde/ https://minutesof.com/q/736a31d5-7520-41fc-a660-bf0bf6e99fde/ “And a very important distinction we will come to is whether or not that build out is funded out of debt or cash flows. It's a critical distinction for AI.” — Gavin Baker, Generating Alpha Podcast Wed, 08 Jul 2026 15:54:53 +0000 debt 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.” — David Friedberg, All-In Podcast Tue, 12 May 2026 21:17:30 +0000 debt 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” — David Friedberg, Suffiyan Malik Fri, 27 Mar 2026 00:34:36 +0000 debt 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.” — David Friedberg, All-In Podcast Wed, 18 Mar 2026 11:36:21 +0000 debt https://minutesof.com/q/59aa0cd8-2be5-4bd6-99fa-8aad2129359d/ https://minutesof.com/q/59aa0cd8-2be5-4bd6-99fa-8aad2129359d/ “Google and Amazon haven't taken on debt yet for AI infrastructure, but they will. Right?” — Dylan Patel, Latent Space Thu, 26 Feb 2026 21:15:18 +0000 debt 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.” — David Friedberg, All-In Podcast Tue, 13 Jan 2026 03:27:21 +0000 debt https://minutesof.com/q/6bb3313a-2f23-4893-939b-d9299773dd6e/ https://minutesof.com/q/6bb3313a-2f23-4893-939b-d9299773dd6e/ “They have massive amounts of cash flow coming from lots of other businesses. And if I am worried about the debt of hyperscalers, the economy and The US have way bigger issues.” — Marc Rowan, Yahoo Finance Sun, 21 Dec 2025 16:00:06 +0000 debt https://minutesof.com/q/f7e5ee2a-9317-45ec-a0c6-e02fddeffd5d/ https://minutesof.com/q/f7e5ee2a-9317-45ec-a0c6-e02fddeffd5d/ “in 1993, debt to GDP was supposed to go from 40 to or 60 to 80 by experts, it in fact went from 60 to 40. Yes. So experts can be wrong by a lot.” — Brad Gerstner, BG2 Pod Fri, 20 Jun 2025 00:11:39 +0000 debt https://minutesof.com/q/1985298b-35b6-47bd-9bbe-070c98fdca51/ https://minutesof.com/q/1985298b-35b6-47bd-9bbe-070c98fdca51/ “if productivity for the next decade or so was about two and a half to three and a half percent per year, we could achieve substantial reductions in this key ratio of debt to GDP.” — Brad Gerstner, BG2 Pod Fri, 20 Jun 2025 00:11:39 +0000 debt https://minutesof.com/q/ab9b1770-cf9b-4c61-970a-1277f16b5bd0/ https://minutesof.com/q/ab9b1770-cf9b-4c61-970a-1277f16b5bd0/ “So we're a debtor nation, and we're paying 5% on all that debt. So the hurdle rate to our return that is needed on the sovereign wealth fund, right, is 5%.” — Brad Gerstner, BG2 Pod Wed, 05 Feb 2025 23:13:28 +0000 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.” — David Friedberg, Tom Bilyeu Tue, 02 Jul 2024 13:00:38 +0000 debt 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.” — David Friedberg, Tom Bilyeu Tue, 02 Jul 2024 13:00:38 +0000 debt 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.” — David Friedberg, Tom Bilyeu Tue, 02 Jul 2024 13:00:38 +0000 debt https://minutesof.com/q/1bc03535-f487-4179-b2f7-521bd7c14606/ https://minutesof.com/q/1bc03535-f487-4179-b2f7-521bd7c14606/ “But if you did your accounting like any corporation and you assume those payments are going be made, yeah, the present value is probably around $200,000,000,000,000.” — Stanley Druckenmiller, Bloomberg Live Wed, 07 Jun 2023 15:27:20 +0000 debt https://minutesof.com/q/0348e47b-4839-4b20-932d-8ecef4749889/ https://minutesof.com/q/0348e47b-4839-4b20-932d-8ecef4749889/ “Robert Smith is the CEO of Vista Equity Partners, brilliant man. And he famously said software is better than first lien debt.” — Gavin Baker, Invest Like the Best Thu, 02 Apr 2020 09:30:00 +0000 debt