628-Federal Debt: The Ticking Bomb that No One is Willing to Defuse

#podcast episodes (all) 'your wealth building strategy *4- avoid catastrophe *5- optimize lifestyle bugout planning government debt Mar 06, 2019

We face a massive problem in the United States right now. Put simply:

We are borrowing more money than ever before.
There's no plan for us to borrow less money in the future.
There's [almost] no mathematically sound plan that can be created to have us borrow less money in the future.
No major, national politician is loudly, consistently talking about how we can spend/borrow less money.
Rather, there are loud, vigorous, and strengthening forces moving in the direction of borrowing even more money.

The government has only three sources of funds:

There's enough evidence for honest, careful people to predict the strong probability of future crises.

The problem is, we can't know when these crises will occur.

But it's time to start preparing.

Joshua

"We've Never Had Deficits Like This During Peace and Prosperity Before" https://reason.com/blog/2018/10/17/budget-deficit-trillion-dollars-riedl
New Course: "How to Survive and Thrive During the Coming Economic Collapse: A Rational, Modern Approach" https://www.radicalpersonalfinance.com/store

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