PODCAST: America’s Ticking Debt Bomb

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

Recommended LinksBankruptcy of Our Nation by Jerry RobinsonJoin our CommunityIran Honoring Nuclear Deal As New Sanctions Hit, IAEA Report ShowsIn North Korea, Missile Bases Suggest a Great DeceptionAfter 17 Years of War, Top US Commander in Afghanistan Admits Taliban Cannot Be DefeatedEasternization: Asia’s Rise and America’s Decline From Obama to Trump and Beyond by Gideon RachmanU.S. on a Course to Spend More on Debt Than DefenseFive Levels of Financial FreedomJerry Robinson on TwitterFollow the Money Podcast ArchivesFollow The Money on YouTube

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 LinksFollow The MoneyBankruptcy of Our Nation by Jerry RobinsonJoin our CommunityProfit Trakker Trend Trading SystemPODCAST: Cryptocurrency Investing for the Long-TermCryptocurrency PortfoliosSeven Cannabis Stocks to Watch in 2018PODCAST: 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 LinksThe Holy Bible – Proverb 22:7