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Americans Will Suffer!

An episode of the Wealth Talks podcast, hosted by Wealth Talks Podcast, titled "Americans Will Suffer!" was published on May 11, 2021 and runs 11 minutes.

May 11, 2021 ·11m · Wealth Talks

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Episode Description

Joe Biden is on record for stating "Americans will suffer under my administration". Biden's economic policies are threatening to turn out a lot like Jimmy Carter's did in the 1970s. The good news is we can try to prepare for the future by looking at the past.

Interest rates under Carter were very high. But interest rates on policy loans, while higher than they are right now, were comparatively low. Those who recognized this, were able to borrow against their life insurance policies to capitalize on opportunities which came along. Of course, they could only borrow in proportion to how much they had put in.

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