Podcasts about us national debt

This week on the Retirement Quick Tips Podcast, I'm talking about America's $36 Trillion Tab on the national debt and what that means for you.  A very smart investor told me recently that the national debt will begin to decline when the growth rate of the economy outpaces the growth rate on the debt.  Ok, so then one could conclude that we just need more robust economic growth to get out of this debt doom loop we seem to be headed for. 

In this episode, I talk about the $36 trillion US national debt and try to make sense of it.

This week on the Retirement Quick Tips Podcast, I'm talking about America's $36 Trillion Tab on the national debt and what that means for you.  Today, I'm talking about why the US national debt is problematic.

This week on the Retirement Quick Tips Podcast, I'm talking about America's $36 Trillion Tab on the national debt and how it impacts you - what does that mean for your social security & medicare benefits, inflation, taxes, the value of your investments, etc. The unfortunate truth is that the growing debt problem potentially has a big impact on all of these aspects of your life.  Before we go any further, we first need to clarify what the US National Debt is…

For the summer season, All Else Equal will be alternating between new episodes and reruns. On this week's episode, we're revisiting our conversation with Mohamed El-Erian on the intricacies of national debt and the best ways to measure it. Mohamed, Jonathan, and Jules explore the broader macroeconomic and geopolitical factors at play. They discuss the importance of demographic shifts as well as recent technological advancements (AI) for economic growth and our fiscal future.El-Erian is the former chair of President Obama's Global Development Council and former CEO of PIMCO. He is a Senior Fellow at the Lauder Institute. You can read Jonathan and Jules' paper on national debt, “Why Care About Debt-to-GDP?” published May 27, 2025, here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5271557Find All Else Equal on the web: https://lauder.wharton.upenn.edu/in-the-news/all-else-equal/All Else Equal: Making Better Decisions Podcast is a production of the UPenn Wharton Lauder Institute through University FM.

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.comI don't normally put out market commentary on a Sunday, especially on a Sunday evening, but the events of last week were so extraordinary I feel I have to.We are in full-on crash mode, it seems. The price action reminds me of the Covid panic or even 2008. It almost doesn't matter what you own. Portfolios around the world have been battered.The declines in the final two days of last week, since so-called “Liberation Day”, when President Trump announced his tariffs, are roughly as follows:* Bitcoin: -1%* Gold: -3%* S&P 500: -9%* Nasdaq: -10%* Brent Crude: -12.5%* Copper: -13% (phew!)Magnificent Seven:* MSFT: -6%* GOOGL: -7%* AMZN: -13%* META: -14%* NVDA: -15%* TSLA: -15%* AAPL: -17%We are, of course, very long gold and bitcoin here at The Flying Frisby, so I guess we've come out of this comparatively unscathed. What's more, we have a good allocation to wealth preservation in the Dolce Far Niente portfolio. But our speculative positions, like everyone's, have been hit, and I'm angry with myself for not getting more defensive sooner. I've been saying for some time I don't like the price action one bit- eg here and here - and the words of that freaky preacher keep ringing in my ears.In any case, there's no point beating myself up. Life is easy in hindsight. Investing is even easier.I spent considerable time on Friday and Saturday reading and watching interviews, trying to understand exactly what these tariffs are about and what the implications are, and I think I have come up with something of a roadmap.We'll start by explaining the plan. Then we'll look at what comes next. And, finally, we'll look at what to do with some of our recent speculations.Why our opinion is irrelevantI'm a free-trade guy, or at least I was. I'm not quite sure what I am any more. But I'm not going to waste my time - or yours - here with arguments about whether tariffs are a good thing or not. There's no point. My time - and yours - would be as well spent howling at the moon. As far as I know, Donald Trump isn't a reader of The Flying Frisby. He knows his own mind and he's not going to turn to this Substack, or any of our social media feeds, for policy advice.Don't be like DT. Subscribe to the Flying Frisby.Tariffs are here, and they're here to stay. Trump is attempting a major economic redesign - the kind of reset that those who rail against economic injustice have been calling for for years. Now it's here, and as we look at our portfolios, many of us aren't so sure we want it.What I want to understand, first, is the logic behind the tariffs, then their implications, so we can best navigate them.The first thing to note I've already said: Trump isn't going to backtrack. As I watched tumbling share prices on Friday, I thought to myself—he's going to backtrack. He has to. But Trump isn't the Conservative Party, or indeed the Labour Party, changing tack at the slightest sign of discontent. Critics say he'll cave if stocks keep tanking, I'm not so sure. His track record suggests otherwise, and he's put a loyal and strong team together to back him up and implement his plan.He's going to give his tariffs longer than a couple of days to have an impact.Many say Trump hasn't properly thought this through. Of course, he has. He's been thinking about it night and day for years. He'll have been thinking about little else as he wrestles with the problem of how to reinvigorate industrial America. That doesn't mean his plan will work, but the idea he hasn't thought about it is just a facile invention of Trump perma-critics to use against him.Trump may be a bit of a clown - he has a comedic instinct and can't resist a gag - but he's not stupid. Clowns rarely are.Why Trump's doing what he's doingTrump intensely dislikes the decimation of industrial America, which began in the 1980s and still continues, with the outsourcing of manufacturing to Asia and elsewhere. Even 40 years ago , he was giving interviews about this (hence why I say he has thought it through) and he wants to restore it. That's part of what he means when he says, “Make America great again.”He can see that while the American coasts may have thrived, thanks largely to finance and tech, much of what is in between has not. This is the America he wants to make great again.There are two reasons he wants to revive American industry. First, is that he believes the model by which America takes on debt to buy cheap stuff from China is unsustainable and has to stop - and the sooner the better. So it's for the good of the American economy. Second, is for reasons of security. While China and the US may be trading partners now, they are also rivals, and if your rival is making your essential military and strategic equipment and components, whether it's semi-conductors, industrial and consumer electronics, pharmaceuticals or battery and energy storage systems, you have a big problem on your hands. Covid exposed just how fragile supply chains are, and Trump has taken it as an early warning sign.Something very similar, as readers of Daylight Robbery will know, happened in the US after its War of 1812 with the British, a war that lasted three years. The war badly exposed US over-reliance on British industrial goods, so the US introduced tariffs in 1816 to try and nurture and grow its own industry. Those tariffs ended up having grave long-term consequences (they were a major factor in the lead up to the civil war - but that was 45 years later). In the short term, they worked. (More on this here).Coming to America“Come and build your factories in the US,” Trump is saying. “Then you won't pay tariffs. Relocate from China, Mexico, Vietnam.”Here's a case in point. Jaguar Land Rover has already announced it's halting shipments to the US for one month. Now, this company's management - remember its recent rebrand? (see below) - is on the opposing side of the culture war to Donald Trump and MAGA, so that is one factor at play. But when I wrote my piece about how good self-driving Teslas are, a lot of people commented that the Jags are better. I don't know—I haven't been in one. But for sure, Jaguar Land Rover won't want to lose momentum or network effect in this all important arms race, particularly while Tesla is struggling: 45% off its recent highs, victim to nationwide vandalism and Elon Musk no longer the darling but the villain of the eco-warrior left. So what does Jaguar do now? Not sell into the all-important US markets? Pay 25% tariffs? Or build a factory stateside? I think the answer is fairly obvious.Whatever it chooses to do, it's going to take longer than a couple of days.With DOGE and the shrinking of the US state, meanwhile, there'll be plenty of workers to fill those new positions. As the US state shrinks, its private sector grows. That's the idea, anyway.His tariffs may lead to higher prices for American consumers, as many have pointed out, but not as high as widely thought, argues Treasury Secretary Scott Bessent in this recent interview with Tucker Carlson (a recommended watch, by the way). Bessent's calculations are that tariffs won't gouge consumers as much as feared. What's more, the revenue from tariffs could eventually enable lower levels of taxation back home, which will further ease pressure on US citizens, those who work at least.What about the upheaval Trump tariffs cause to the rest of the world? Not his problem. America first.Yet he's creating enormous uncertainty, and markets are tanking. On Friday, markets were in full panic mode, and the baby was being thrown out with the bathwater. What about that?The amazing stat which shows why Trump won't give two hoots about the stock market - for nowAt this point, I want to press upon you one of the most telling statistics I've seen for some time:* The richest 1% of Americans own 50% of US stocks, worth $23 trillion.* The bottom 50% of U.S. adults hold only 1% of stocks, worth $480 billion.If you expand to the top 10%, that group holds 87% of stocks, valued at $36 trillion. If I'm correctly inferring Bessent's comments, at this current point, Trump doesn't care about Wall Street, or Silicon Valley, or the parts of the US economy that have become so rich over the past 40 years. It's the bottom 50 - or even 80% - that Trump is concerned with. They hardly own any stocks, so the market mayhem won't matter so much to them. Wall Street has made good for decades. It can suffer a bit of pain while Main Street gets rebuilt.It's worth noting, by the way, that US equities were enormously overvalued when Trump took office, so some kind of correction had to happen anyway. The Shiller price-to-earnings ratio was at its third highest level in history (the only times it was higher was 2000 and 2007, and we all know what happened next). That's why Warren Buffett built up his enormous cash position two months ago ($330 billion). Buffett, by the way, really is a genius.Best to get the inevitable correction out of the way early in the Presidency. What's more, as Bessent points out, these market declines began several weeks ago with China's AI announcement of DeepSeek, the app that can do everything ChatGPT and Grok can do with much lower power use. Prior to that, the Magnificent Seven had driven the extraordinary gains seen in the S&P 500 over the previous 18 months. Strip them out, and the picture was much less rosy. (Now the Mag7're down 30-45%).Trump's announcement may have pricked the bubble, but a bubble is still a bubble and if one thing doesn't burst it, something else will.Trump's plan, meanwhile, (and I'm not saying it'll work, everyone will have their opinion) is not to boost the stock market. It is to reset the economy. The economy and the stock market are not the same thing.Some numbersThe US is trapped in a vicious debt spiral.$36 trillion is the current US National Debt. The US will spend $6 trillion this year, while only collecting $4 trillion in tax revenue. So there is a $2 trillion deficit. It will borrow the difference, and the debt will grow to $38 trillion. The DOGE plan is reduce the deficit by 1 trillion by getting rid of waste, corruption and more. The tariff plan is to raise another half trillion in revenue. Plus, as a result of tariffs, more business relocates to the US, which also increases revenue. Mass deregulation will also make doing business easier and further add to both economic growth and tax revenue. Then there is Trump citizenship plan. According to Grok, 1 million people worldwide could realistically afford to buy a US residency for $5 million. Let's say 10% of them did that. That's another $500 billion and the $2 trillion deficit is eradicated. Suddenly the US is running a surplus.This all means the US gets in a better position to lower taxes, which will further increase revenue (the golden rule of Daylight Robbery), because trade will increase as a result. Trump could lower corporation taxes to 15% which would be a lot more attractive than the rates of 20-30% paid in Europe. So business relocates to the US. He could lower income taxes, especially for high earners, thereby attracting higher earners to the US. Meanwhile, the cost of all that debt starts to come down, thereby freeing up even more capital.And, suddenly, you are in a virtuous cycle.These numbers make it look easy. But to get there takes an enormous fight - standing up to vested interests, taking on a cultural establishment that detests you, the media, the woke, Trump Derangement Syndrome and so on. It's not easy, and it requires a lot of backbone. The three essential keys to the Trump resetSo what fundamentals does this economic reset need, and how does the US get there?First, it needs cheap energy. Cheap energy is fundamental to economic growth: economies need energy. That's happening. Crude has fallen more than 10% since “Liberation Day”. Falls were turbocharged when, on Thursday, 8 OPEC nations made the surprise announcement that they were ending output cuts and increasing supply. Plus we have the domestic policy of drill baby drill. What with the plethora of natural gas and other shale energy co-products, we're going to see a lot of cheap energy. (Which is going to make our own Ed Miliband's high-energy-cost policies look even more deranged.)Second, it needs a cheaper dollar. A weaker dollar will encourage investment and relocation from overseas (it makes the US cheaper). That's happening too. Indeed, what was so unique about this week's panic is that the dollar—usually the first port of call in a financial storm—didn't rise (at least not at first). Here is the US dollar index. It's coming down. It's already down almost 10% from its highs. That means America just got 10% cheaper to invest in. A move back to the low 90s, or even below, would be ideal.What is the third component?And what next for markets?

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.comI don't normally put out market commentary on a Sunday, especially on a Sunday evening, but the events of last week were so extraordinary I feel I have to.We are in full-on crash mode, it seems. The price action reminds me of the Covid panic or even 2008. It almost doesn't matter what you own. Portfolios around the world have been battered.The declines in the final two days of last week, since so-called “Liberation Day”, when President Trump announced his tariffs, are roughly as follows:* Bitcoin: -1%* Gold: -3%* S&P 500: -9%* Nasdaq: -10%* Brent Crude: -12.5%* Copper: -13% (phew!)Magnificent Seven:* MSFT: -6%* GOOGL: -7%* AMZN: -13%* META: -14%* NVDA: -15%* TSLA: -15%* AAPL: -17%We are, of course, very long gold and bitcoin here at The Flying Frisby, so I guess we've come out of this comparatively unscathed. What's more, we have a good allocation to wealth preservation in the Dolce Far Niente portfolio. But our speculative positions, like everyone's, have been hit, and I'm angry with myself for not getting more defensive sooner. I've been saying for some time I don't like the price action one bit- eg here and here - and the words of that freaky preacher keep ringing in my ears.In any case, there's no point beating myself up. Life is easy in hindsight. Investing is even easier.I spent considerable time on Friday and Saturday reading and watching interviews, trying to understand exactly what these tariffs are about and what the implications are, and I think I have come up with something of a roadmap.We'll start by explaining the plan. Then we'll look at what comes next. And, finally, we'll look at what to do with some of our recent speculations.Why our opinion is irrelevantI'm a free-trade guy, or at least I was. I'm not quite sure what I am any more. But I'm not going to waste my time - or yours - here with arguments about whether tariffs are a good thing or not. There's no point. My time - and yours - would be as well spent howling at the moon. As far as I know, Donald Trump isn't a reader of The Flying Frisby. He knows his own mind and he's not going to turn to this Substack, or any of our social media feeds, for policy advice.Don't be like DT. Subscribe to the Flying Frisby.Tariffs are here, and they're here to stay. Trump is attempting a major economic redesign - the kind of reset that those who rail against economic injustice have been calling for for years. Now it's here, and as we look at our portfolios, many of us aren't so sure we want it.What I want to understand, first, is the logic behind the tariffs, then their implications, so we can best navigate them.The first thing to note I've already said: Trump isn't going to backtrack. As I watched tumbling share prices on Friday, I thought to myself—he's going to backtrack. He has to. But Trump isn't the Conservative Party, or indeed the Labour Party, changing tack at the slightest sign of discontent. Critics say he'll cave if stocks keep tanking, I'm not so sure. His track record suggests otherwise, and he's put a loyal and strong team together to back him up and implement his plan.He's going to give his tariffs longer than a couple of days to have an impact.Many say Trump hasn't properly thought this through. Of course, he has. He's been thinking about it night and day for years. He'll have been thinking about little else as he wrestles with the problem of how to reinvigorate industrial America. That doesn't mean his plan will work, but the idea he hasn't thought about it is just a facile invention of Trump perma-critics to use against him.Trump may be a bit of a clown - he has a comedic instinct and can't resist a gag - but he's not stupid. Clowns rarely are.Why Trump's doing what he's doingTrump intensely dislikes the decimation of industrial America, which began in the 1980s and still continues, with the outsourcing of manufacturing to Asia and elsewhere. Even 40 years ago , he was giving interviews about this (hence why I say he has thought it through) and he wants to restore it. That's part of what he means when he says, “Make America great again.”He can see that while the American coasts may have thrived, thanks largely to finance and tech, much of what is in between has not. This is the America he wants to make great again.There are two reasons he wants to revive American industry. First, is that he believes the model by which America takes on debt to buy cheap stuff from China is unsustainable and has to stop - and the sooner the better. So it's for the good of the American economy. Second, is for reasons of security. While China and the US may be trading partners now, they are also rivals, and if your rival is making your essential military and strategic equipment and components, whether it's semi-conductors, industrial and consumer electronics, pharmaceuticals or battery and energy storage systems, you have a big problem on your hands. Covid exposed just how fragile supply chains are, and Trump has taken it as an early warning sign.Something very similar, as readers of Daylight Robbery will know, happened in the US after its War of 1812 with the British, a war that lasted three years. The war badly exposed US over-reliance on British industrial goods, so the US introduced tariffs in 1816 to try and nurture and grow its own industry. Those tariffs ended up having grave long-term consequences (they were a major factor in the lead up to the civil war - but that was 45 years later). In the short term, they worked. (More on this here).Coming to America“Come and build your factories in the US,” Trump is saying. “Then you won't pay tariffs. Relocate from China, Mexico, Vietnam.”Here's a case in point. Jaguar Land Rover has already announced it's halting shipments to the US for one month. Now, this company's management - remember its recent rebrand? (see below) - is on the opposing side of the culture war to Donald Trump and MAGA, so that is one factor at play. But when I wrote my piece about how good self-driving Teslas are, a lot of people commented that the Jags are better. I don't know—I haven't been in one. But for sure, Jaguar Land Rover won't want to lose momentum or network effect in this all important arms race, particularly while Tesla is struggling: 45% off its recent highs, victim to nationwide vandalism and Elon Musk no longer the darling but the villain of the eco-warrior left. So what does Jaguar do now? Not sell into the all-important US markets? Pay 25% tariffs? Or build a factory stateside? I think the answer is fairly obvious.Whatever it chooses to do, it's going to take longer than a couple of days.With DOGE and the shrinking of the US state, meanwhile, there'll be plenty of workers to fill those new positions. As the US state shrinks, its private sector grows. That's the idea, anyway.His tariffs may lead to higher prices for American consumers, as many have pointed out, but not as high as widely thought, argues Treasury Secretary Scott Bessent in this recent interview with Tucker Carlson (a recommended watch, by the way). Bessent's calculations are that tariffs won't gouge consumers as much as feared. What's more, the revenue from tariffs could eventually enable lower levels of taxation back home, which will further ease pressure on US citizens, those who work at least.What about the upheaval Trump tariffs cause to the rest of the world? Not his problem. America first.Yet he's creating enormous uncertainty, and markets are tanking. On Friday, markets were in full panic mode, and the baby was being thrown out with the bathwater. What about that?The amazing stat which shows why Trump won't give two hoots about the stock market - for nowAt this point, I want to press upon you one of the most telling statistics I've seen for some time:* The richest 1% of Americans own 50% of US stocks, worth $23 trillion.* The bottom 50% of U.S. adults hold only 1% of stocks, worth $480 billion.If you expand to the top 10%, that group holds 87% of stocks, valued at $36 trillion. If I'm correctly inferring Bessent's comments, at this current point, Trump doesn't care about Wall Street, or Silicon Valley, or the parts of the US economy that have become so rich over the past 40 years. It's the bottom 50 - or even 80% - that Trump is concerned with. They hardly own any stocks, so the market mayhem won't matter so much to them. Wall Street has made good for decades. It can suffer a bit of pain while Main Street gets rebuilt.It's worth noting, by the way, that US equities were enormously overvalued when Trump took office, so some kind of correction had to happen anyway. The Shiller price-to-earnings ratio was at its third highest level in history (the only times it was higher was 2000 and 2007, and we all know what happened next). That's why Warren Buffett built up his enormous cash position two months ago ($330 billion). Buffett, by the way, really is a genius.Best to get the inevitable correction out of the way early in the Presidency. What's more, as Bessent points out, these market declines began several weeks ago with China's AI announcement of DeepSeek, the app that can do everything ChatGPT and Grok can do with much lower power use. Prior to that, the Magnificent Seven had driven the extraordinary gains seen in the S&P 500 over the previous 18 months. Strip them out, and the picture was much less rosy. (Now the Mag7're down 30-45%).Trump's announcement may have pricked the bubble, but a bubble is still a bubble and if one thing doesn't burst it, something else will.Trump's plan, meanwhile, (and I'm not saying it'll work, everyone will have their opinion) is not to boost the stock market. It is to reset the economy. The economy and the stock market are not the same thing.Some numbersThe US is trapped in a vicious debt spiral.$36 trillion is the current US National Debt. The US will spend $6 trillion this year, while only collecting $4 trillion in tax revenue. So there is a $2 trillion deficit. It will borrow the difference, and the debt will grow to $38 trillion. The DOGE plan is reduce the deficit by 1 trillion by getting rid of waste, corruption and more. The tariff plan is to raise another half trillion in revenue. Plus, as a result of tariffs, more business relocates to the US, which also increases revenue. Mass deregulation will also make doing business easier and further add to both economic growth and tax revenue. Then there is Trump citizenship plan. According to Grok, 1 million people worldwide could realistically afford to buy a US residency for $5 million. Let's say 10% of them did that. That's another $500 billion and the $2 trillion deficit is eradicated. Suddenly the US is running a surplus.This all means the US gets in a better position to lower taxes, which will further increase revenue (the golden rule of Daylight Robbery), because trade will increase as a result. Trump could lower corporation taxes to 15% which would be a lot more attractive than the rates of 20-30% paid in Europe. So business relocates to the US. He could lower income taxes, especially for high earners, thereby attracting higher earners to the US. Meanwhile, the cost of all that debt starts to come down, thereby freeing up even more capital.And, suddenly, you are in a virtuous cycle.These numbers make it look easy. But to get there takes an enormous fight - standing up to vested interests, taking on a cultural establishment that detests you, the media, the woke, Trump Derangement Syndrome and so on. It's not easy, and it requires a lot of backbone. The three essential keys to the Trump resetSo what fundamentals does this economic reset need, and how does the US get there?First, it needs cheap energy. Cheap energy is fundamental to economic growth: economies need energy. That's happening. Crude has fallen more than 10% since “Liberation Day”. Falls were turbocharged when, on Thursday, 8 OPEC nations made the surprise announcement that they were ending output cuts and increasing supply. Plus we have the domestic policy of drill baby drill. What with the plethora of natural gas and other shale energy co-products, we're going to see a lot of cheap energy. (Which is going to make our own Ed Miliband's high-energy-cost policies look even more deranged.)Second, it needs a cheaper dollar. A weaker dollar will encourage investment and relocation from overseas (it makes the US cheaper). That's happening too. Indeed, what was so unique about this week's panic is that the dollar—usually the first port of call in a financial storm—didn't rise (at least not at first). Here is the US dollar index. It's coming down. It's already down almost 10% from its highs. That means America just got 10% cheaper to invest in. A move back to the low 90s, or even below, would be ideal.What is the third component?And what next for markets?

Peter Schiff discusses the Fed's unchanged interest rates, rising inflation, gold prices signaling monetary issues, and promotes gold and silver investments.Sign up for a $1/month trial period at https://shopify.com/goldPeter Schiff discusses the recent FOMC announcement on interest rates remaining unchanged and critiques the Fed's dovish stance amid rising inflation. Schiff highlights the Fed's plan to slow quantitative tightening, rising gold prices as a warning of loose monetary policy, and calls for higher interest rates. He criticizes the Fed's handling of inflation expectations and the economic composition of job growth. Schiff also promotes gold and silver investments as protection against inflation.

Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week they are joined by a surprise guest, and discuss Stargate, executive orders, TikTok, DOGE, Public Valuations & more. Enjoy another episode of BG2! Timestamps: (00:00) Intro (01:21) Stargate (15:07) Dylan Patel and Semianalysis take on Stargate (17:56) Stargate's Impact on AI Competitive Landscape (29:03) DeepSeek (32:03) Special Guest Rene Haas (CEO of ARM Holdings) (49:46) DeepSeek continued (51:53) Trumps Executive Orders & Regulatory Freeze (54:10) Coordination in AI Legistlation (59:38) US National Debt and Balancing the Budget (1:01:08) TikTok (1:05:48) Tech Check Available on Apple, Spotify, www.bg2pod.com Follow: Brad Gerstner @altcap Bill Gurley @bgurley Rene Haas @renehaas237 BG2 Pod @bg2pod https://x.com/BG2Pod

Who Owns the US National Debt? Key Takeaways here are two kinds of national debt: intragovernmental and public. Intragovernmental is debt held by the Federal Reserve and Social Security and other government agencies. Public debt is held by the public: individual investors, institutions, foreign governments. After intragovernmental holdings, the next largest category is national debt held by foreign governments. Of those, Japan has the most, followed by China. The Federal Reserve also invests in U.S. national debt as it added liquidity to the economy during and after the Great Recession, and more recently during the pandemic. https://www.thebalancemoney.com/who-owns-the-u-s-national-debt-3306124 The Federal Reserve... View Article

David provides a thoughtful analysis of the US economy and the US National Debt which now exceeds $36 TRILLION! He is very impressive. Using his extensive experience as a CPA, David served as the seventh Comptroller General of the United States and head of the U.S. Government Accountability Office (GAO) for almost ten years (1998-2008). He served under Presidents Bill Clinton and George W. Bush. David also appeared in the Psychology of Retirement Movie Premiere Hosted by the Blue Heron Capital Team. This is a must listen podcast!

What's a safe withdrawal rate for Wine Guy and Wine Gal in Sonoma California to have 35 years of “guaranteed” retirement spending? How aggressively should they convert their retirement savings to Roth IRA? Should the Bond family move from Silicon Valley to a no-income-tax state in retirement? Can Doc in San Francisco quit work in 8 years when his daughter starts college? Rob in Kansas City and his wife are in their late 30s and have 2 million saved. Can they retire early? Plus, Elisa in Fremont has more than the capital gains exclusion for a married couple of $500,000 worth of home equity. How much will this cost her, and will it kill her IRMAA for Medicare premiums? Should Happy Camper and Jolly Pumpkin take their pension's monthly annuity or the lump sum payout? And finally, Lloyd in South Dakota isn't a fan of retirement accounts and wants Joe and Big Al to talk some sense into him. Access all the free financial resources and the episode transcript: https://bit.ly/ymyw-506 CALCULATE your Financial Blueprint SCHEDULE your Financial Assessment WATCH Financial Planning at Every Age on YMYW TV DOWNLOAD The Retirement Readiness Guide for free READ THE BLOG: It's Not Too Late! Year-End Financial Moves to Make Right Now READ THE BLOG: US National Debt and the Impact on Long-Term Investing REQUEST: Ask Joe & Big Al for your Retirement Spitball Analysis SUBSCRIBE: YMYW on YouTube DOWNLOAD: more free guides READ: financial blogs WATCH: educational videos SUBSCRIBE: YMYW Newsletter   Timestamps:  00:00 - Intro: This Week on the YMYW Podcast 01:05 - What's Our Guaranteed Safe Withdrawal Rate for 35 Years of Retirement? How Aggressive Should We Convert to Roth? (Wine Guy/Gal, Sonoma, CA) 12:09 - Calculate your Financial Blueprint, schedule a Free Financial Assessment 13:45 - Should We Move to a No Income Tax State in Retirement? (James Bond, Silicon Valley, CA - voice) 20:50 - Can I Stop Working in 8 Years When Daughter Starts College? (Doc, San Francisco, CA) 26:10 - Late 30s With $2M. Are We Really on Track for Early Retirement? (Rob, Kansas City) 31:20 - Watch Financial Planning at Every Age on YMYW TV, download the Retirement Readiness Guide 32:25 - Our Home Equity is Over the $500K Exclusion. How Much Will We Be Charged? Will This Kill My IRMAA? (Elisa, Fremont, CA) 35:44 - Should We Take the Monthly Pension or Lump Sum Payout? (Happy Camper & Jolly Pumpkin, WI) 43:03 - I'm Not a Fan of Retirement Accounts. Talk Some Sense Into Me. (Lloyd Christmas, SD) 49:04 - Outro: Read the blogs, It's Not Too Late! Year-End Financial Moves to Make Right Now and US National Debt and the Impact on Long-Term Investing

The national debt in the United States is steadily increasing year after year, finally reaching a historic level. This situation is concerning, with a fast-paced growth at a rate of a staggering $1 trillion accruing to the national debt every 100 days. On today's show, we're going to talk about some of the main factors brewing behind the scenes. This massive amount of looming debt proves a serious lack of financial responsibility within the US government, including skyrocketing spending habits that will have serious lasting effects for the American people for decades to come.

David Hilderman has a Bachelor of Applied Sciences in Electronic Information Systems Engineering from the University of Regina and has worked in the electronics industry since graduation in 1988. David grew up in Saskatchewan, the second oldest in a family of six boys.  Since 2000 he has lived in beautiful Saanichton British Columbia, raising two great kids with his lovely wife. He went to the Victoria area to combine his engineering experience and love of music production to work for TC-Helicon, a company that makes products for performing musicians. He worked there for 19 years, five of which were in the role of Chief Operating Officer. Early 2020 he became aware of the fact that sea level rise rates were not accelerating.  In Victoria, the rate of rise has not changed over the entire record since 1909 and is only 0.75mm/yr.   This began his research in other climate alarmist claims.  Reality is so counter to the narrative and the consequences of acting on the narrative are so detrimental that he felt he needed to do something about it. In 2021 he ran in the federal election against the Green Party incumbent, Elizabeth May, and had the opportunity to debate her on the issue of climate five times. He continues to be active in his community, working to educate people on the benefits of increasing atmospheric CO2. 00:00 Introduction: The Impact of Deception 00:31 Energy Consumption Around the World 04:45 Data Analysis and Methodology 08:07 Climate Change Narratives and Media Influence 10:54 Political Dynamics in Canada 20:09 Personal Journey and Climate Skepticism 37:25 Questioning the Origins of Hydrocarbons 38:14 Introduction to Martin Armstrong's Economic Model 40:13 Martin Armstrong's Predictions and Legal Troubles 41:40 Discussion on US National Debt and Global Economic Concerns 47:24 Climate Change and CO2 Emissions Debate 54:37 Haiti: Culture, Challenges, and Voodoo Beliefs 01:15:34 Concluding Thoughts and Future Plans https://co2coalition.org/teammember/david-hilderman/ https://x.com/david_hilderman 34% of the world's weather stations have experienced 70+ year cooling trends: https://x.com/TomANelson/status/1858837448496754999 Pollock: Solar panels don't make sense above 35 degrees latitude: https://x.com/TomANelson/status/1841626005976318009 ========= AI summaries of all of my podcasts (plus transcripts of recent podcasts): https://tomn.substack.com/p/podcast-summaries About Tom Nelson: https://linktr.ee/tomanelson1 AI summaries of all of my podcasts: https://tomn.substack.com/p/podcast-summaries YouTube: https://www.youtube.com/playlist?list=PL89cj_OtPeenLkWMmdwcT8Dt0DGMb8RGR X: https://x.com/TomANelson Substack: https://tomn.substack.com/ About Tom: https://tomn.substack.com/about

The US Treasury Department plans to borrow an additional $1.37 Billion in the next 6 months. This will push the debt over $37 Trillion. Deficit spending is driving bond yields higher. This will continue as long as the government has significant debt.  Higher bond yields increase insurance policy dividends.     Multiple insurance companies have officially announced increased dividends for 2025! Most insurance experts predict dividends will continue to increase for the next 3-5 years up to the next 10 years. This is the best time to invest in high cash value insurance and annuities in 42+ years.     Wall Street is concerned the stock market may be on the cusp of another "lost decade". Goldman Sachs is now projecting a 3% annual return for the next decade. Nearly every leading economic indicator points to challenging economic times ahead.   Reducing market risk is important to thrive through volatility.  Reduce your market risk. Reduce your future tax liability. Increase liquidity. Create positive cash flow on your money. Your Personal Bank allows you to grow your money insured, guaranteed, tax-free, and highly liquid.

Become a Client: https://nomadcapitalist.com/apply/ Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers:https://nomadcapitalist.com/email Join us for the next Nomad Capitalist Live event: https://nomadcapitalist.com/live/ In this episode, we cover reporting indicating that United States treasuries are no longer a safe bet. Mr. Henderson explains how the US's exorbitant privilege has led to out-of-control deficit spending and debt levels that should scare away investors. He also reveals other countries with better fiscal discipline where investors could consider purchasing government debt and potentially obtain a residence permit or citizenship. Nomad Capitalist helps clients "go where you're treated best." We are the world's most sought-after firm for offshore tax planning, dual citizenship, international diversification, and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors. We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country. No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't. Become Our Client: https://nomadcapitalist.com/apply/ Our Website: http://www.nomadcapitalist.com/ About Our Company: https://nomadcapitalist.com/about/ Buy Mr. Henderson's Book: https://nomadcapitalist.com/book/ DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following: Three critical aspects facing treasurers, CFOs, and CEOs – Now and Beyond The three critical aspects discussed in the above article are appended below. These have been covered as separate topics in the podcast. 2:13 Record-high US national debt: A ticking time bomb likely to spark a debt crisis 10:46 Key focus areas for treasury and finance in the coming years: Technology, payments, payments security, and risk management 19:17 Fed cut rates, yet corporate America faces higher interest expenses 26:10 Global banks to use Swift to trial live digital asset transactions from 2025 Other Resources: Federal Debt Data - FiscalData Interest Rates – The Economist

Send us a textHow risky is the national debt? What's the different between the deficit and the national debt? How long until the debt becomes a problem? What can we do about it? Are the solutions only political? As an investor, how does the increase in the national debt impact how you allocate capital today? I dig into all of these questions and more with Chris Brigham, a Senior Research Analyst at Bernstein, who has led much of a research on the US national debt.With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this podcast. This podcast is for informational purposes only and does not constitute investment advice. AllianceBernstein L.P. does not provide tax, legal or accounting advice. It does not take an investor's personal investment objectives or financial situation into account; investors should discuss their individual circumstances with appropriate professionals before making any decisions. This information should not be construed as sales or marketing material or an offer or solicitation.

In this episode of Ask Me Anything, Ryan and Kipp break down the $35 trillion U.S. national debt, explaining its impact and how each American owes $135,000. They hold political leaders accountable and call for sustainable spending. They also discuss the need for disruption to achieve personal growth, offering tips for early recognition and setting boundaries in relationships. In leadership, they highlight transparency and turning arrogance into inspiration. For fathers, they suggest activities to bond with homeschooled children, and provide resources like Iron Council to help you grow. Tune in for insights on financial, personal, and relational success. SHOW HIGHLIGHTS (00:00) Episode Intro (00:40) US National Debt and Spending Crisis   (16:07) Breakdowns and Breakthroughs   (26:06) Navigating Boundaries in Relationships   (40:49) Building Relationships Through Service   (48:00) Power of Transparency in Leadership   (00:06:06) Engaging Activities to Support Homeschooling   (01:05:09) Discovering Your Path to Manhood Battle Planners: Pick yours up today! Order Ryan's new book, The Masculinity Manifesto. For more information on the Iron Council brotherhood. Want maximum health, wealth, relationships, and abundance in your life? Sign up for our free course, 30 Days to Battle Ready

What is the best way to measure National Debt Sustainability, and how does the US do on those metrics compared to other countries? In the first episode of the new season, hosts and finance professors Jonathan Berk and Jules van Binsbergen speak with guest Mohamed El-Erian about the intricacies of the national debt, different measures of sustainability, and the implications of rising debt for national and global economies. Mohamed, Jonathan, and Jules also explore the broader macroeconomic and geopolitical factors at play. They discuss the importance of demographic shifts as well as recent technological advancements (AI) for economic growth and our fiscal future.El-Erian is the former chair of President Obama's Global Development Council and former CEO of PIMCO. He is a Senior Fellow at the Lauder Institute. Find All Else Equal on the web: https://lauder.wharton.upenn.edu/allelse/ All Else Equal: Making Better Decisions Podcast is a production of the UPenn Wharton Lauder Institute through University FM.

The US national debt has hit a new $35 trillion landmark, according to the latest data from the US Treasury Department. That is equal to the GDPs of China, Japan, Germany, India, and Britain combined. This year alone, the International Monetary Fund has twice sounded alarm, saying the escalating US debt load poses a growing risk to the global economy.What has led to the continued rise of the US government debt? In what ways could this issue become risky for America and beyond? Host Ding Heng is joined by William Lee, Chief Economist of Milken Institute, a California-based economic think tank; Professor Qu Qiang, Fellow of Belt and Road Research Center at Minzu University of China; Professor Liu Baocheng, Director of the Center for International Business Ethics with University of International Business and Economics; David Blair, Vice President and Senior Economist of the Center for China and Globalization.

GUEST 1 OVERVIEW: Founder of Armstrong Economics, AE Global Solution, and Princeton Economics International. Martin has testified before Congress and was called in when creating the G5 in 1985. He was later called in again by the Presidential Brady Commission to help with the 1987 Crash. He was also called in by the European Commission when crafting the EURO. He has been called by governments around the world, from China during the 1997 Asian Currency Crisis to Europe and the Middle East. Even in 1996, when he testified before the House Ways & Means Committee on the dollar and the global economy, he had the equivalent of 50% of the US National Debt under contract. He was the largest institutional adviser, perhaps ever. GUEST 2 OVERVIEW: Mary Rooke is a Catholic mom of four and author of the Daily Caller's column featuring based takes on modern-day insanities. She also writes analysis for Patriot subscribers. You can follow her on X at @MaryRooke_ and read her column at dailycaller.com GUEST 3 OVERVIEW: Billy Te Kahika is a New Zealand Māori, international blues guitarist, businessman and former political candidate. He attracted national and international media coverage both as the leader of the New Zealand Public Party and for his stance on the New Zealand Government's lockdown restrictions in response to COVID-19. Billy has been harassed by the New Zealand Government and media for his views. He is a family man, pastor and documentary producer and presenter.

In this video, Joe breaks down all of the mania surrounding bitcoin over the last 72 hours. He first discusses Trump's proposed Strategic National Bitcoin Stockpile, alongside Senator Cynthia Lummis' bill to create a Strategic Bitcoin Reserve. He then breaks the news that the Biden-Harris administration has likely begun the sale of the US' existing bitcoin holdings, moving $2 billion into a new wallet for a likely OTC sale to thwart Trump's plans of a reserve using our existing seized BTC holdings. He then takes a look at bitcoin's price action being driven largely by leveraged trading, wanting to see spot accumulation before we have a solid chance at moving sustainably higher. He rounds out the video discussing the US National Debt hitting $35 trillion as of this morning, and why bitcoin offers a solution not just for the government, but for individuals looking to hedge themselves from the recklessness. The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys. Don't pay more taxes than you have to. Talk to us today. Visit https://thebitcoinlayer.com/unchained and use code TBL for $100 off when you create an account. Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL's research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: https://twitter.com/TheBitcoinLayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Block Height 854566 Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #JoeConsorti #Bitcoin #BitcoinNews #BTC #BitcoinPrice #BitcoinUpdate #BitcoinBullMarket #BullMarket #TrumpBitcoin #Trump #TrumpNews #BidenBitcoin #BitcoinReserve #USDebt #FinancialNews #Investment #BitcoinStrategy #BitcoinAnalysis #HedgeAgainstInflation #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarket #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Mining #BitcoinMining #macro The Bitcoin Layer and its guests do not provide investment advice.Subscribe to The Bitcoin Layer on Soundwise

In this episode of Wealthion, Andrew Brill sits down with Dylan Smith, Vice President and Senior Economist at Rosenberg Research, to delve into the current state of the economy. They discuss the signals of an impending economic downturn, the anticipated rate cuts by the Federal Reserve, and the broader implications of these changes for both investors and the general public. Dylan provides a detailed analysis of inflation trends, labor market shifts, and the potential political impacts on fiscal policy. TIMESTAMPS: 00:00 - Powell's Next Moves 00:49 - Introduction of Dylan Smith 01:19 - Current State of Economy 02:24 - Economic Data Revisions 04:44 - Inflation and Interest Rates 05:48 - Unemployment Importance 07:21 - Labor Market Easing 08:17 - Interest Rates Discussion 09:15 - Political Implications 11:14 - Election Impact on Inflation 15:39 - CPI and PPI Expectations 17:13 - Rate Cut Hints 21:18 - Market Reactions 33:02 - Market Volatility Concerns 39:56 - US National Debt

The US national debt is a significant and often misunderstood topic: With the current debt sitting at around $34.6 trillion, many wonder if this signals an impending crisis. Peter breaks down what this figure means and explores the broader implications (many of which may surprise you).   Listen now and learn: Differences between the deficit, the debt, and the debt ceiling How US government finances are very different than household finances  Why inflation, not default, is the real risk of our deficit spending   Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

In this episode, Fisher Investments' founder and Co-Chief Investment Officer Ken Fisher addresses a common investor concern—US national debt. Visit our episode page https://www.fisherinvestments.com/en-us/insights/podcasts/june-2024-ken-fisher-discusses-us-national-debt-fears, where you'll find links to more information and resources to help you become a more informed investor. And if you have questions about capital markets, investing or personal finance, email us at marketinsights@fi.com. We may use them in an upcoming episode.

The US National Debt is at nearly $35T dollars. In the 10 seconds it's taken me to read this line... it's gone up $400K dollars. EOB yesterday... to now... $20B. Dave wanted to know... how to do you pay off the national debt? Is it like your credit card? You have a minimum you have to pay... and anything above and beyond goes to principal? Nope... it's not that easy... but it's also not that hard. Dave walks through what he learned from a conversation with BYU Professor of Economics,  Mark Showalter.

The US National Debt now sits at around $35 Trillion. Higher debt means higher interest payments. Isn't it important for our government to only spend what they have coming in just like the rest of us? To help us learn more about the state of our national debt and what continued deficit spending means for our future, I've invited Author Mark Higgins to the show today. GUEST BIO - Mark Higgins: Mark is a frequent speaker both domestically and internationally on topics related to US financial history and institutional investment management.  He is also the Author of the new book “Investing in U.S. Financial History: Understanding the Past to Forecast the Future”. When Mark isn't helping investors plan for the future, Mark enjoys spending time with his wonderful wife and two children in Portland, Oregon. EPISODE RESOURCES: Sponsors + Partners + Deals MKM RESOURCES: MKM Coaching: Want 1-on-1 support with your family finance journey? Book a time with me today. Make My Kid a Millionaire Course: Want to build generational wealth and happiness for your kid? Learn more about my course! YouTube: Subscribe for free to watch videos of these episodes and interviews. Instagram: Follow our IG channel SHOW INFORMATION:  Marriage Kids and Money is dedicated to helping young families build wealth and happiness. This award-winning platform helps couples and parents achieve financial independence and discover the true meaning of wealth.  To achieve these big goals, we answer questions and interview experts who uncover smart net worth building habits and tools that can help everyone find their own version of financial independence. Learn more at https://www.marriagekidsandmoney.com  HOST BIO:  Andy Hill, AFC® is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping young families build wealth and happiness.  Andy's advice and personal finance experience have been featured in major media outlets like CNBC, Forbes, MarketWatch, Kiplinger's Personal Finance and NBC News. With millions of downloads and views, Andy's message of family financial empowerment has resonated with listeners, readers and viewers across the world.    When he's not "talking money", Andy enjoys being a soccer Dad, singing karaoke with his wife and relaxing in his hammock. HOW WE MAKE MONEY + DISCLAIMER: This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. CREDITS: Podcast Artwork: Liz Theresa Editor: Podcast Doctors Podcast Support: Nev Maraj Learn more about your ad choices. Visit megaphone.fm/adchoices

Decades of spending beyond our means is truly hitting the breaking point. People are rightfully concerned about what comes next and what they should do so here's my attempt at answering those questions. go to https://www.joincrowdhealth.com/ and use promo code LOCKDOWN at sign-up to get your first 3 months at just $99 Pick up the best razor in the game, Nadeau Razor, use code LOCKDOWN for a special discount for my audience only: https://nadeaushaveco.com/ Running low: https://fenixammo.com/ If you want to support my campaign for VP start off by signing up for the LP here: https://my.lp.org/partner/liberty-lockdown-podcast/ Check out my show over on Fountain: https://www.fountain.fm/show/nUTYcMtl4yMuoKHljZWu Become a supporting member of Liberty Lockdown here!: https://libertylockdown.locals.com/ This is where I do monthly AMA's for supporting members only Super valuable stuff! Twitter: https://twitter.com/LibertyLockPod Pickup LL shirts over at https://www.toplobsta.com/products/ll-lakers?_pos=5&_sid=e7319ba4a&_ss=r&variant=40668064186434 NEW DESIGNS JUST DROPPED All links: https://www.libertylockdownpodcast.com/ Linktree: https://linktr.ee/libertylockdown As always, if you leave a five star review on Apple Podcasts with your social media handle I'll read it on next weeks show (audio version only)! Love you long time Liberty Lockdown presents a variety of opinions, sometimes opposing and controversial. They are not representative of the host of the podcast. Guests are encouraged to express their opinions in a safe and equitable environment.

There's been a lot of discussion recently about the US's surging government debt and deficit. In this episode we examine the economics behind this politically polarizing issue.

US National Debt tops 34 trillion dollars! Stingray Rob LIVE with Mike & Chris More of your 2024 predictions Congressman Scott Perry Lawsuit

AP correspondent Norman Hall reports: National Debt

On this episode of the Biz Doc Podcast, Tom tackles the weighty issue of the US national debt: what it is, how we got here, and, critically, who's on the hook for it all. Then, in a case study now all too familiar, The Biz Doc dives deep into Nikola Electric Motors, dissecting the now-common tale of founders who overpromise and underdeliver. Buckle up for a double dose of financial reality! _________________________________ Watch The Biz Doc Podcast every Friday at 1pm & catch a new "Biz Doc Bite" every single day at 9:30am EST. Thanks for watching! And I hope I left you better than I found you. Subscribe to the channel and turn on notifications! _________________________________ FaceTime or Ask Tom Ellsworth any questions on https://app.minnect.com/expert/ThomasEllsworth Help us welcome back Tom Ellsworth! Follow him on social media: Instagram: https://www.instagram.com/ellsworth.thomas/ Twitter: https://twitter.com/TomEllsworth #BizDoc #BusinessInsider #Valuetainment #Business #News

Is America now in recession, or within striking distance? DICK BOVE, chief financial strategist at ODEON CAPITAL GROUP, thinks so. As the US stock market skyrockets in anticipation of a series of interest rate cuts in 2024, BOVE sees huge trouble in sections of the US economy. Forget about the standard textbook definition of recession—two consecutive quarters of declining GDP—the cracks are already appearing. Negative equity on automobiles in America, for instance, is at the highest level in three years. (Two consecutive quarters of declines are not always applied in the designation of recessions today, according to MAT VAN ALSTYNE, recalling the most recent bouts of recession.) While investors anticipate rate cuts, BOVE says the Fed has muddied the waters with conflicting communications from Fed Chair Jerome Powell, and separate comments by Fed governors. "Investors don't care, they see inflation has come down and they see rates coming down," he added. BOVE is out with a new report. Who Owns the US Federal Debt? Who Will Pay For It? With the US National Debt at over $33 trillion and rising, deficit spending could hit some $2.2 trillion in fiscal 2023. Now foreign buyers of US Treasuries are scaling back, raising questions on who will step in. Meanwhile, the brutual war in Ukraine continues to grind on. "My view is that Russia is winning, " says BOVE, "not so much as in Ukraine but in the global financial system." Joining the CONVERSATION, our host, JOHN AIDAN BYRNE, outlines Putin's strategy for leveraging the exit of foreign companies from Russia to his advantange, a tax that has contributed to his nation's coffers. Questions & Comments: Podcast@odeoncap.com

HR3 5 Frightening Facts: US National Debt & Ability to Pay It. Employer's Market. Economy 10-26-23 by John Rush

Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:   Debt crisis on the horizon: US national debt surpasses $33 trillion Lack of visibility the top challenge for CFOs as FX market uncertainty bites Basel Committee reports on 2023 banking turmoil Virtual card transactions to increase 388% by 2028 thanks to API platforms   

Join America's Roundtable (https://americasrt.com/) radio co-hosts Natasha Srdoc and Joel Anand Samy with one of America's top economists and a leading voice in advancing principled reforms in America — former U.S. Congressman Dave Brat, Vice Provost, Liberty University. While in Congress, Brat served on the Budget, Education and Small Business Committees, and he chaired the subcommittee on Economic Growth, Tax and Capital Access. He was a member of the Virginia Board of Accountancy and served as president of the Virginia Association of Economists. He was also an economic consultant with Arthur Andersen and the World Bank. He is a distinguished advisory board member of the International Leaders Summit. Brat has more than 20 years of experience in higher education teaching economics and ethics. He holds a Ph.D. in Economics from The American University, an M.Div. from Princeton Theological Seminary, and a B.A. in Business Administration from Hope College. Key Topics on America's Roundtable: —US national debt passes $33 trillion | Government shutdown looms. —Crisis on the US southern border | Security breach: Smuggler with links to the jihadist Islamic State, also known as ISIS was caught at the U.S-Mexico border. —17,894 illegal immigrants from China apprehended at the US southern border in fiscal year 2023 | Surge of military age men from China entering the U.S. illegally is up from 2,176 caught entering America in fiscal year 2022. —Review: US Economy and Security. —Highlighting principled solutions. americasrt.com (https://americasrt.com/) https://ileaderssummit.org/ | https://jerusalemleaderssummit.com/ America's Roundtable on Apple Podcasts: https://podcasts.apple.com/us/podcast/americas-roundtable/id1518878472 Twitter: @DaveBratVA7th @ileaderssummit @AmericasRT @NatashaSrdoc @JoelAnandUSA @supertalk America's Roundtable is co-hosted by Natasha Srdoc and Joel Anand Samy, co-founders of International Leaders Summit and the Jerusalem Leaders Summit. America's Roundtable (https://americasrt.com/) radio program - a strategic initiative of International Leaders Summit, focuses on America's economy, healthcare reform, rule of law, security and trade, and its strategic partnership with rule of law nations around the world. The radio program features high-ranking US administration officials, cabinet members, members of Congress, state government officials, distinguished diplomats, business and media leaders and influential thinkers from around the world. Tune into America's Roundtable Radio program from Washington, DC via live streaming on Saturday mornings via 65 radio stations at 7:30 A.M. (ET) on Lanser Broadcasting Corporation covering the Michigan and the Midwest market, and at 7:30 A.M. (CT) on SuperTalk Mississippi — SuperTalk.FM reaching listeners in every county within the State of Mississippi, and neighboring states in the South including Alabama, Arkansas, Louisiana and Tennessee. Listen to America's Roundtable on digital platforms including Apple Podcasts, Spotify, Amazon, Google and other key online platforms. Listen live, Saturdays at 7:30 A.M. (CT) on SuperTalk | https://www.supertalk.fm

The Silent Weapon! Check out Doug and Stacy's video... The SILENT WEAPON is here now! Have you read this? - YouTube

See omnystudio.com/listener for privacy information.

As Congress stumbles to pass an actual budget for Fiscal Year 2024... our nation's debt continues to march towards unsustainability. Today... the US National Debt hit $33 Trillion. Marc Goldwein from the Committee for a Responsible Federal Budget joins to discuss how this impacts our future and what Congress should be thinking about when it funds the government.See omnystudio.com/listener for privacy information.

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Mark Moss navigates through the intricate dynamics of the NATO summit, Sweden's entry, and the potential threats to Ukraine's security. He dives deep into Bitcoin's growth amidst the US's hesitations with Central Bank Digital Currency (CBDC). We learn about Bitcoin miners' recent earnings surge and the controversial lawsuit filed by cryptocurrency bank Custodia against the Federal Reserve. Mark also discusses tech giants' legal battles and exposes the alleged collusion between Big Tech and the federal government. In his economic analysis, he uncovers the peculiarities behind the newly adjusted CPI calculations, the alarming surge in the US National Debt, and predictions of a looming recession. This episode is a wealth of insights for anyone tracking global politics, cryptocurrency developments, and economic trends.See omnystudio.com/listener for privacy information.

The level of US government debt has just surpassed 32 trillion dollars. Negotiations over raising the borrowing limit once again went down to the wire a few weeks ago. But how concerned should we all be about how much the US government borrows? We investigate with the help of Kent Smetters, professor at the Wharton School of the University of Pennsylvania and Betsey Stevenson, Professor of Economics and Public Policy at the University of Michigan. Presenter: Charlotte McDonald Producer: Jon Bithrey Editor: Richard Vadon Production Co-ordinator: Brenda Brown Sound Engineer: Graham Puddifoot

Juneteenth, multiple mass shootings, Wyndham Clark wins the US Open, Michael Jordan to sell Charlotte Hornets, Kourtney Kardashian announces pregnancy, Pete Davidson charged, The Flash underperforms, Linda Hamilton joins Stranger Things, Shawn Mendes returns to the stage, Trent Reznor steps away from the stage, Lady Gaga announces concert film, breakfast ice cream, King Charles birthday parade, US National Debt & more... Learn more about your ad choices. Visit megaphone.fm/adchoices

Juneteenth, multiple mass shootings, Wyndham Clark wins the US Open, Michael Jordan to sell Charlotte Hornets, Kourtney Kardashian announces pregnancy, Pete Davidson charged, The Flash underperforms, Linda Hamilton joins Stranger Things, Shawn Mendes returns to the stage, Trent Reznor steps away from the stage, Lady Gaga announces concert film, breakfast ice cream, King Charles birthday parade, US National Debt & more... Learn more about your ad choices. Visit megaphone.fm/adchoices

Join America's Roundtable (https://americasrt.com/) radio co-hosts Natasha Srdoc and Joel Anand Samy with Dr. Ben Carson (https://americancornerstone.org/), founder of the American Cornerstone Institute and former Secretary of the U.S. Department of Housing and Urban Development. At the age of 33, Dr. Carson became the chief of pediatric neurosurgery at Johns Hopkins Hospital, making him the youngest major division director in the hospital's history. This would be among an extensive list of outstanding firsts for Dr. Carson. Dr. Carson's accomplishments have earned him a place in medical history. He performed the first and only successful separation of craniopagus (Siamese) twins joined at the back of the head in 1987. He also performed the first fully successful separation of type-2 vertical craniopagus twins in 1997 in South Africa. In his career, Dr. Carson became a professor of neurosurgery, oncology, plastic surgery, and pediatrics at the Johns Hopkins School of Medicine, and directed pediatric neurosurgery at the Johns Hopkins Children's Center for over 29 years. Dr. Ben Carson addresses key topics on America's Roundtable: — America's failure in educating a new generation. Dr. Carson highlights principled solutions and discusses ideas that will empower parents and students. — Steps to rein in government spending and the urgency to bring back fiscal responsibility to Washington, DC. Record debt and deficit places America at significant risk. — The Durham Report. — Reflecting on the significance of Memorial Day, and remembering the sacrifices made for the great cause of freedom. Biography | Dr. Ben Carson (https://carsonscholars.org/about-csf/dr-carson/) For a time, the likelihood of Benjamin S. Carson, Sr., M.D. fulfilling his childhood dream of becoming a physician seemed unlikely. Growing up in a single parent home with dire poverty, poor grades, a horrible temper, and low self-esteem appeared to preclude the realization of that dream until his mother, with only a third-grade education, challenged her sons to strive for excellence. She observed successful people and encouraged her sons to emulate their behaviors, including reading. This led to behavior changes which had a profound effect on their education. In 1973, Ben Carson graduated from Yale University. He went on to receive his M.D. from the University of Michigan Medical School. At the age of 33, Dr. Carson became the chief of pediatric neurosurgery at Johns Hopkins Hospital, making him the youngest major division director in the hospital's history. This would be among an extensive list of outstanding firsts for Dr. Carson. Dr. Carson's accomplishments have earned him a place in medical history. He performed the first and only successful separation of craniopagus (Siamese) twins joined at the back of the head in 1987. He also performed the first fully successful separation of type-2 vertical craniopagus twins in 1997 in South Africa. In his career, Dr. Carson became a professor of neurosurgery, oncology, plastic surgery, and pediatrics at the Johns Hopkins School of Medicine, and directed pediatric neurosurgery at the Johns Hopkins Children's Center for over 29 years. He became the inaugural recipient of a professorship dedicated in his name in May 2008. He is now the Emeritus Benjamin S. Carson, Sr., M.D. and Dr. Evelyn Spiro, R.N. Professor of Pediatric Neurosurgery, having retired on June 30, 2013. In 2016, Dr. Carson accepted the position of Secretary of Housing and Urban Development under the Trump administration. After completing his tenure as the 17th Secretary of the Department of Housing and Urban Development in 2021, Dr. Carson founded the American Cornerstone Institute. This organization is focused on fighting for the principles that have guided him through life and that make this country great: faith, liberty, community and life. Dr. Carson and his wife, Candy Carson, co-founded the Carson Scholars Fund, which recognizes young people of all backgrounds for exceptional academic and humanitarian accomplishments. The organization has awarded more than 10,500 scholars and more than $8 million in scholarships. The Carson Scholars Fund is currently operating in 50 states and the District of Columbia, and since its founding, has installed more than 250 Ben Carson Reading Rooms around the country. Dr. and Mrs. Carson reside in Florida. They are the proud parents of three sons and three daughters-in-law, and blessed grandparents of eight grandchildren. Visit America's Cornerstone Institute (https://americancornerstone.org/) Visit the educational program — Little Patriots Learning (https://littlepatriotslearning.com/) | A free online learning platform that helps you teach kids K-5 American history, civics lessons, and our nation's values at home, in the classroom, or on the go. The American Cornerstone Institute created the Little Patriots platform for parents, grandparents, teachers, and caregivers to have a free, online resource to use to teach children civics lessons, history, and American values at home, in the car, or after school. americasrt.com (https://americasrt.com/) https://ileaderssummit.org/ | https://jerusalemleaderssummit.com/ America's Roundtable on Apple Podcasts: https://podcasts.apple.com/us/podcast/americas-roundtable/id1518878472 Twitter: @RealBenCarson @ileaderssummit @AmericasRT @NatashaSrdoc @JoelAnandUSA @supertalk America's Roundtable is co-hosted by Natasha Srdoc and Joel Anand Samy, co-founders of International Leaders Summit and the Jerusalem Leaders Summit. America's Roundtable (https://americasrt.com/) radio program - a strategic initiative of International Leaders Summit, focuses on America's economy, healthcare reform, rule of law, security and trade, and its strategic partnership with rule of law nations around the world. The radio program features high-ranking US administration officials, cabinet members, members of Congress, state government officials, distinguished diplomats, business and media leaders and influential thinkers from around the world. Tune into America's Roundtable Radio program from Washington, DC via live streaming on Saturday mornings via 65 radio stations at 7:30 A.M. (ET) on Lanser Broadcasting Corporation covering the Michigan and the Midwest market, and at 7:30 A.M. (CT) on SuperTalk Mississippi — SuperTalk.FM reaching listeners in every county within the State of Mississippi, and neighboring states in the South including Alabama, Arkansas, Louisiana and Tennessee. Listen to America's Roundtable on digital platforms including Apple Podcasts, Spotify, Amazon, Google and other key online platforms. Listen live, Saturdays at 7:30 A.M. (CT) on SuperTalk | https://www.supertalk.fm

0:00 Intro 1:29 The Expose 4:46 Firearms 8:30 New Security Measures 14:42 US National Debt 20:55 LGBTQ+ Products for Kids 23:48 Terrorist Organization 25:28 Gender Transition 34:10 Unused Border Wall 39:17 Interview with Karen Kingston - Expose-News editor seriously injured in deep state assassination attempt - 50 US senators just issued satellite phones as a security measure - Croatian politician declares WHO to be a TERRORIST organization - Unused border wall hardware caught on shocking drone video - Target retailer partners with actual SATANISTS to push LGBTQ+ gear for children - Medical school professor claims gender transitions can start "before birth" - They want to mutilate the newborns! - Full interview with Karen Kingston - She calls for all vaccine bioweapons to be SEIZED by law enforcement - Those who deployed the bioweapons should be indicted and PROSECUTED For more updates, visit: http://www.brighteon.com/channel/hrreport NaturalNews videos would not be possible without you, as always we remain passionately dedicated to our mission of educating people all over the world on the subject of natural healing remedies and personal liberty (food freedom, medical freedom, the freedom of speech, etc.). Together, we're helping create a better world, with more honest food labeling, reduced chemical contamination, the avoidance of toxic heavy metals and vastly increased scientific transparency. ▶️ Every dollar you spend at the Health Ranger Store goes toward helping us achieve important science and content goals for humanity: https://www.healthrangerstore.com/ ▶️ Sign Up For Our Newsletter: https://www.naturalnews.com/Readerregistration.html ▶️ Brighteon: https://www.brighteon.com/channels/hrreport ▶️ Join Our Social Network: https://brighteon.social/@HealthRanger ▶️ Check In Stock Products at: https://PrepWithMike.com

IN THIS ESPISODE, YOU'LL LEARN:01:54 - Understanding the US Debt Ceiling? 02:34 - History of debt ceiling changes?03:19 - What happens if the debt ceiling isn't raised? 05:27 - Where is the US National Debt at right now? 06:20 - What will be the result of the debt ceiling negotiations?  Kevin described the upcoming debt ceiling deadline on June 1st & the impacts of how it affects the economy. He went over the history of the changes with previous debt ceilings, as well as the ramifications of the debt ceiling not being raised. This episode details the importance of why Americans should be aware of the debt ceiling and how it can impact citizens when it comes to social security, pension payments, & Medicare. Sponsors:Buzzsprout, podcast hosting site:https://www.buzzsprout.com/?referrer_id=1305358Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin JenkinsResources around Debt Ceiling:Debt Limit | U.S. Department of the TreasuryWhen Is the Debt Ceiling Deadline and What Happens if the Limit Isn't Raised? - WSJU.S. National Debt Clock : Real Time (usdebtclock.org)#us #debt #ceiling 

It's December 15th. You're listening to the President's Daily Brief. Your morning intel starts now. ------ A good day to you, ladies and gentlemen. I've got five briefs for you this morning that are shaping America — and the world. And for today's podcast, grab those maps because we're circling the globe. First, we start in Africa, or at least with the 50+ African leaders gathered at the White House. Second, we're then off to Japan where that otherwise pacifist country is building up its military for a future fight against China and North Korea. Third, we then jump across the Pacific Ocean to Peru. An update this morning on the President who was thrown out of office last week. Protests are erupting across the country. Fourth, we then land in the United Kingdom where the Prime Minister there is saying no more illegal immigrants. His party is calling it an invasion. Sounds familiar. Finally, after our trip, we come home to America, where Joe Biden has announced billions in aid to make our farms more climate friendly. Later, we close out the podcast with an observation I had on the US National Debt. We got new numbers for November — and there's a warning sign we need to talk about.  ------ Please remember to subscribe if you enjoyed this episode of the President's Daily Brief. Email: PDB@TheFirstTV.com Learn more about your ad choices. Visit megaphone.fm/adchoices

It's December 14th. You're listening to the President's Daily Brief. Your morning intel starts now. ------ A good day to you, ladies and gentlemen. I've got five briefs for you this morning that are shaping America — and the world. And for today's podcast, grab those maps because we're circling the globe. First, we start in Africa, or at least with the 50+ African leaders gathered at the White House. Second, we're then off to Japan where that otherwise pacifist country is building up its military for a future fight against China and North Korea. Third, we then jump across the Pacific Ocean to Peru. An update this morning on the President who was thrown out of office last week. Protests are erupting across the country. Fourth, we then land in the United Kingdom where the Prime Minister there is saying no more illegal immigrants. His party is calling it an invasion. Sounds familiar. Finally, after our trip, we come home to America, where Joe Biden has announced billions in aid to make our farms more climate friendly. Later, we close out the podcast with an observation I had on the US National Debt. We got new numbers for November — and there's a warning sign we need to talk about.  ------ Please remember to subscribe if you enjoyed this episode of the President's Daily Brief. Email: PDB@TheFirstTV.com Learn more about your ad choices. Visit megaphone.fm/adchoices