Is A Financial Crisis Looming? - June 7, 2025

David Friedland interviews attorney and CPA Paul Bachow, who takes a deep dive into a historical trend which indicates the U.S. may be headed for bankruptcy if the ratio of debt to GDP is not turned around from its trend of heading upward. He says increases in revenue - ie taxes - would be a major factor in helping the situation. In the second part of the show, Keith and David discuss the importance of getting great financial advice, as well as planning for the possibility of what they term a three percent decade, where the stock market would average only around three percent gains annually compared to much larger returns since 2010. Prosper with Keith Singer is a weekly radio program heard all over South Florida, featuring Keith Singer and David Friedland of Singer Wealth Advisors, based in Boca Raton. Keith and David take on numerous financial topics and investment opportunities, and how they relate to retirement planning, with special emphasis on proper tax and legacy planning.