(Recorded on 09/21/21) Topics covered on this video coaching call In this special video update, trading coach Jerry Robinson discusses the unfolding Evergrande debt situation, the U.S. debt ceiling debate, this week’s Fed meeting, and more. Included in this video:...
Segment 1: America's "Titanic" Economy Is Not UnsinkableSegment begins at 00:58
Is America’s “Titanic” economy unsinkable? Depends on who you ask. On today’s broadcast, economist/trading coach Jerry Robinson separates Washington’s hype from the grim reality of the fragile U.S. economy.
- Washington’s deficit for October was up an astounding 34% YOY
- America’s “Titanic” reality: debt growth exceeds (uncensored) economic growth
- Perplexing: U.S. stock market hits new all-time highs (at the same time that the Fed cuts interest rates??)
- Did you know… every U.S. Dollar = a Federal Reserve note (plus interest)?
- The day is coming when the U.S. will pay more for interest on its national debt than it does for its military
- Hello, fiscal conservatives, are you there? (crickets)
- Actionable steps to secure your lifeboat in America’s “Titanic” economy
- Want to become a lean mean trend trading machine? Reserve your seat now!
Have a question about gold or silver investing? Call 800-247-2812 now for the best prices on gold and silver coins and receive Free Shipping & Insurance when you mention “Followthemoney.com”
Segment 2: The Final Word w/ Jerry RobinsonSegment begins at 44:26
Jerry closes out today’s show with a reminder that a day of reckoning is inevitable for the immensely debt-laden U.S. economy.