What is the True Cost of War: The Moral and Financial Impacts episode artwork

EPISODE · Dec 4, 2023 · 26 MIN

What is the True Cost of War: The Moral and Financial Impacts

from The Financial Griot · host Lovely Merdelus, Lawrence Delva-Gonzalez, Alainta Alcin

The world is back at war and the TFG crew discusses how we feel about the news. For context, the global economic impact of violence is estimated to be $14.4 trillion. The U.S. federal price tag for the post-9/11 wars is over $8 trillion. There is a true cost of war. It's both financial, emotional and moral. This can ultimately change you at your core. The U.S. has several budgetary costs for post-9/11 wars, including:Overseas contingency operations (OCO) of the Department of Defense ($2,101 billion)Homeland security prevention and response to terrorism ($1,117 billion)Interest on OCO borrowing ($1,087 billion)Increases to the Department of Defense base budget The U.S. government is conducting counterterror activities in 85 countries. At least four times as many active duty personnel and war veterans of post-9/11 conflicts have died of suicide than in combat. The Wars will cost Americans between $3.2 and $4 trillion, including medical care and disability for current and future war veterans. Wait what's a Financial Griot? The Financial Griot is a play on two words (Finance + Griot) that hold significance in closing the wealth gap while embracing our differences. We tell the stories that others don't. Stories about growth, opportunity, and even Wars. Beyond that, we tie it back to how it reflects on your finances. Specifically, we are teaching you how to become financially literate, incorporate actionable steps, and ultimately build generational wealth.Can you imagine being a Millionaire in 20 years or less? Yeah, it's possible. 80% of millionaires are the first generation. That means they didn't come from wealth. We teach you how. Join a community of subscribers who welcome a fresh take on money.So there you have it, The Financial Griot, or TFG for short. The hosts were able to amass over $2 Million in wealth in about eight years and are on track to retire early. We will gladly share the secrets if you want them since the opportunity is abundant and Win-Win. Find the TFG Crew Hosts on Instagram Alainta Alcin - Blogger, Travel and Money Enthusiast https://www.linkedin.com/in/alaintaalcinLawrence Delva-Gonzalez, Financial Foodie and Travel Blogger @theneighborhoodfinanceguyLovely Merdelus - Entrepreneur and Small Business Growth Specialist @lovelymerdelus

The world is back at war and the TFG crew discusses how we feel about the news. For context, the global economic impact of violence is estimated to be $14.4 trillion. The US federal price tag for the post-9/11 wars is over $8 trillion. There is a true cost of war. It's both financial, emotional and moral. This can ultimately change you at your core.

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What is the True Cost of War: The Moral and Financial Impacts

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This episode was published on December 4, 2023.

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The world is back at war and the TFG crew discusses how we feel about the news. For context, the global economic impact of violence is estimated to be $14.4 trillion. The U.S. federal price tag for the post-9/11 wars is over $8 trillion. There is a...

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