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Follow The Money Radio

PODCAST: America’s Looming Debt Crisis

June 26, 2024

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In this episode, we delve into the escalating national debt, examining its trajectory from today's figures to its projected growth over the next decade. Understand the impact of policies on this financial burden and what it means for future generations. Learn about both governmental and personal financial strategies that contribute to this issue. Plus, get Jerry Robinson's key insights into where the stock and crypto markets might be heading.

Show Notes

Segment 1: America's Looming Debt Crisis

SEGMENT BEGINS AT 03:12

America’s national debt crisis is urgent and too often underreported. Today, we unpack what the staggering numbers really mean for current and future generations. Topics in Segment One include:

  • The $34.7 trillion (and ever-growing) U.S. national debt
  • The myriad of factors driving the national debt
  • Who owns the national debt?
  • Why the staggering national debt and its ballooning interest payments are entirely unsustainable
  • How our two-party political system is failing to address this looming crisis
  • Jerry’s Take: This fiscal irresponsibility will lead to America’s loss of financial independence and possible severe economic decline
  • Six proposed solutions that could help rein in the national debt
  • Four actionable ideas to help you protect yourself and your family from out-of-control national debt

Segment 2: Stocks and Crypto Update

SEGMENT BEGINS AT 25:35

In this segment, Jerry Robinson provides investors and traders with timely insights on U.S. stocks, the U.S. dollar, gold and silver prices, and Bitcoin. He discusses:

  • A quick breakdown of the S&P 500, the most important U.S. stock index
  • What’s happening with the NASDAQ 100 and Russell 2000
  • A recap of gold and silver prices
  • Bitcoin and Ethereum key events and price levels to watch

Segment 3: The Final Word w/ Jerry Robinson

SEGMENT BEGINS AT 42:30

Jerry closes out today’s show with a thought-provoking analogy from the game of Monopoly.

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