EPISODE · Feb 18, 2024 · 51 MIN
EP231 - A theory on how you clear $34 Trillion of national debt
from The Unconstrained Podcast · host Hendersonman
On January 3rd, the US Federal short term debt showed up at $34 Trillion dollars. This doesn’t take into consideration of the long term liabilities on the balance sheet of country that go to the promised social security & Medicare payments for seniors. That would add another $80 Trillion to the tally. But this simply is the accumulation of decades of losses on the profit & loss statement of the country. In this episode, I’m going to float a theory on how the USA will clear this debt quickly, but I don’t think you are going to like it…
What this episode covers
On January 3rd, the US Federal short term debt showed up at $34 Trillion dollars. This doesn’t take into consideration of the long term liabilities on the balance sheet of country that go to the promised social security & Medicare payments for seniors. That would add another $80 Trillion to the tally. But this simply is the accumulation of decades of losses on the profit & loss statement of the country. In this episode, I’m going to float a theory on how the USA will clear this debt quickly, but I don’t think you are going to like it…
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EP231 - A theory on how you clear $34 Trillion of national debt
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