SCRIPTURES AND WALL STREET - $40 TRILLION IN DEBT

America has crossed a line that once seemed almost impossible.$40 trillion in national debt.But the number itself isn't the only problem.The bigger question is what happens next—to interest rates, Treasury yields, inflation, mortgages, the dollar, financial markets, and ultimately your retirement.On this episode of Scriptures & Wall Street, Carlos Cortez Jr. breaks down America's growing debt burden and explains why this isn't simply a Republican problem or a Democrat problem. Administrations change. Congress changes. Federal Reserve leadership changes. Yet one trend has continued:The debt keeps growing.Carlos examines the rising cost of servicing that debt, pressure in the bond market, Treasury yields, the yield curve, and why investors may demand higher returns to continue financing America's borrowing. He also connects those pressures to everyday Americans through mortgages, credit cards, business loans, inflation, housing affordability, and retirement portfolios.For retirees, the conversation becomes even more important.A 35-year-old investor may have decades to recover from market volatility. Someone who's 60, 65, or 70 and withdrawing money every month doesn't have the same luxury. Market losses combined with withdrawals and rising living expenses can create an entirely different retirement equation.That's why Carlos returns to the Color of Money—Red Money, Yellow Money, and Green Money—and asks listeners to consider how much of their retirement actually has principal protection and how much depends on markets continuing to cooperate.And beneath all the numbers is a biblical warning that's thousands of years old:“The borrower is slave to the lender.”America may have $40 trillion worth of reasons to start paying attention.Discover other shows on the Talk Red Podcast Network, and get your daily fix of news, sports, and entertainment at https://TalkRed.com.