Right Arrow
EP231 - A theory on how you clear $34 Trillion of national debt
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:51:59
- More information
Informações:
Synopsis
On January 3rd, the US Federal short term debt showed up at $34 Trillion dollars. This doesn’t take into consideration of the long term liabilities on the balance sheet of country that go to the promised social security & Medicare payments for seniors. That would add another $80 Trillion to the tally. But this simply is the accumulation of decades of losses on the profit & loss statement of the country. In this episode, I’m going to float a theory on how the USA will clear this debt quickly, but I don’t think you are going to like it…