EPISODE · Jun 24, 2023 · 21 MIN
💸 National Debt Unleashed: $32 Trillion and Counting! 💥
from KP Talks Dollars and Sense · host Kevin Peranio
The national debt is now soaring to unprecedented heights—$32 trillion!Merely weeks after the enactment of the Fiscal Responsibility Act of 2023, we find ourselves at this staggering milestone.The velocity of debt accumulation is awe-inspiring, surpassing previous records with every passing moment. At a debt-to-GDP ratio of around 120%, the intricate dance between financial stability and burden unfolds before us.The National Association of Home Builders (NAHB) holds the key to sentiment!Picture this: their index, which stands at a neutral 50, has taken a leap towards positivity—an exhilarating shift. It's been over a year, since July of last year, that we've witnessed such a positive outlook.Stay up-to-date on all the latest news, updates, and exclusive content by following us on all of our social media accounts! https://linktr.ee/kptalksdollarsandsense#KPTalks #KPTalksDollarsandSense #nationaldebt #debttoGDP #NAHBindex
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The national debt is now soaring to unprecedented heights—$32 trillion! Merely weeks after the enactment of the Fiscal Responsibility Act of 2023, we find ourselves at this staggering milestone. The velocity of debt accumulation is awe-inspiring, surpassing previous records with every passing moment. At a debt-to-GDP ratio of around 120%, the intricate dance between financial stability and burden unfolds before us. The National Association of Home Builders (NAHB) holds the key to sentiment...
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💸 National Debt Unleashed: $32 Trillion and Counting! 💥
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