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

EPISODE · Mar 6, 2019 · 57 MIN

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

from Radical Personal Finance

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: Taxation (bad for you if you earn money or have wealth) Borrowing (bad for you if you're a citizen, not an investor) Inflation (bad for you if you're a saver) 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

Episode metadata supplied by the publisher feed · Published Mar 6, 2019

Embed this episode

NOW PLAYING

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

0:00 57:18

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of Radical Personal Finance?

This episode is 57 minutes long.

When was this Radical Personal Finance episode published?

This episode was published on March 6, 2019.

Can I download this Radical Personal Finance episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!