Follow The Money Radio

PODCAST: America’s Ticking Debt Bomb

November 14, 2018

November 14, 2018 America’s Ticking Debt Bomb

On this week’s broadcast, economist Jerry Robinson comments on the latest government spending forecasts which reveal that in less than five years America will be spending more on interest on the national debt than on its entire defense budget.

Show Notes

Segment 1: America's Ticking Debt Bomb
Segment begins at 01:27

In this week’s broadcast, economist and best-selling author Jerry Robinson comments on the latest government spending forecasts which reveal that in less than five years America will be spending more on interest on the national debt than on its entire defense budget.

  • The rapidly growing political weakness in Washington
  • The US has the largest military in history, yet recently admitted defeat
  • 70% of the federal debt will mature in 5-6 years and will be refinanced at higher interest rates
  • By 2025, the US will spend more on interest than on all nondefense discretionary programs combined
  • The U.S. Treasury is set to issue twice as much debt in 2018 as it did in 2017
  • If the economy is so good, why isn’t the national debt going down?
  • Neither party in Washington has a plan to pay off the national debt
  • A rising China is patiently waiting in the wings to take the reins
  • There are four ways to solve America’s debt crisis…
  • You must have a financial plan!
  • Learn how to trend trade stocks and how to create an online income

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Segment 2: An Interview with Jerry Robinson
Segment begins at 41:19

In this segment, we switch things up a bit with a snippet from a recent interview with our host Jerry Robinson by another podcast called Crush the Street. Jerry is asked how trend trading can be profitable amid the America’s economic decline.

  • Approach the market with an agnostic point of view
  • Listen to the market… it will tell you current expectations
  • Look for an environment with a lot of movement, in a confirmed trend
  • Two investment opportunities today that could soar in the future
  • The timeless wisdom of gold investing

Recommended Links
Follow The Money
Bankruptcy of Our Nation by Jerry Robinson
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Profit Trakker Trend Trading System
PODCAST: Cryptocurrency Investing for the Long-Term
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Seven Cannabis Stocks to Watch in 2018
PODCAST: Gold Investing in 2018


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Segment 3: The Final Word
Segment begins at 59:59

Jerry closes out today’s show with a haunting spiritual truth. Although the Bible does not call debt a sin, it does tell us the dismal consequence –  if the unprecedented borrowing in Washington does not stop, it is sure to face a bitter, humbling yoke.

Recommended Links
The Holy Bible – Proverb 22:7

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