))
Ep. 188 | Understanding America's $34 Trillion National Debt Crisis
Siri yang diarkibkan ("Suapan tidak aktif" status)
When?
This feed was archived on September 12, 2024 17:05 (
Why? Suapan tidak aktif status. Pelayan kami tidak dapat untuk mendapatkan kembali suapan podcast yang sah untuk tempoh yang didapati.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 420735159 series 3266302
Kandungan disediakan oleh The Financial Mirror. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh The Financial Mirror atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
In this episode, we unravel the complexities of the United States national debt, now exceeding a staggering $33 trillion. We explore where this colossal debt comes from, why it has surged dramatically over the past 20 years, and what it means for our economy and your personal finances. Learn about the major sources of the debt, such as military spending, social programs, and economic crises. Discover the implications of a debt-to-GDP ratio over 100%, akin to a consumer maxing out their credit card. We also delve into historical moments when the national debt actually decreased and examine the controversial Modern Monetary Theory (MMT) that some economists believe could reshape our fiscal future. If you're curious about how government spending impacts your financial life, this video is packed with insights you can't afford to miss.
Topics Covered:
- Origins and categories of the U.S. national debt
- Major sources of national debt, including military spending and social programs
- Comparison of debt growth from 1984-2004 vs. 2004-2024
- The significance of the debt-to-GDP ratio exceeding 100%
- Fiscal Year 2023 spending insights
- Economic impact of the national debt
- Explanation of Modern Monetary Theory (MMT)
- Historical decreases in the national debt
- Indicators of economic strength or weakness
Subscribe to the channel for more empowering content on personal finance, investing, and self-improvement. Don't miss out on the opportunity to unlock your true financial potential and live a life of abundance. It's time to invest in yourself and create the future you deserve!
**Support the Stream By Shopping at Our Store**
Buy Your Financial Mirror Gear: https://www.thefinancialmirror.org/shop
YouTube: https://www.youtube.com/@thefinancialmirror
Rumble: https://rumble.com/TheFinancialMirror
Facebook: https://www.facebook.com/thefinancialmirr0r
X: https://twitter.com/financialmirr0r
Instagram: https://www.instagram.com/thefinancialmirror/
Podcast: https://thefinancialmirror.podbean.com/
If you are in need of a Financial Coach, don’t waste another day of being in debt, not planning for retirement, or simply wondering where your money went each month. Today is the day to take control of your finances and I can help, no issue is too big or too small. Contact me at https://www.thefinancialmirror.org/
#InvestInYourself #PersonalFinance #FinancialEmpowerment #personalfinance #financialfreedom #finance #money #investing #financialliteracy #financialindependence #budgeting #debtfreecommunity #financialplanning #debtfree #financialeducation #debtfreejourney #wealth #financetips #business #budget #investment #entrepreneur #moneymanagement #moneytips #stockmarket #financialgoals #invest #motivation #debt #savings #moneymindset #savingmoney #success #NationalDebt #USDebt #Economy #PersonalFinance #GDP #GovernmentSpending #ModernMonetaryTheory #FiscalPolicy #EconomicCrisis #FinancialEducation #DebtToGDP #USEconomy #FinancialInsights #USNationalDebt #EconomicGrowth
197 episod
Kongsi
