| Budget expert, Brian Riedl, sits down with Andy to break down the real cost of ignoring fiscal sustainability. With over 24 years of experience, Riedl explains the alarming $124 trillion shortfall looming over Social Security and Medicare in the next few decades. He highlights the uncertainty of interest rates and the unsustainable policies that have led to this crisis. Riedl calls for individuals to take financial responsibility while pointing out how both political parties have overlooked the growing debt. He emphasizes the need for voter engagement and sound stewardship to restore fiscal balance. Article mentioned 👉 https://manhattan.institute/article/a-comprehensive-federal-budget-plan-to-avert-a-debt-crisis-2024 FREE Training with Andy Tanner: https://bit.ly/3U3HAPY 00:00 Introduction 02:54 The Fiscal Crisis and Long-Term Projections 06:17 Understanding Borrowed and Promised Money 08:44 Impact of Interest Rates on National Debt 15:07 Political Challenges and Leadership Deficit 18:27 Cheering for a Debt Crisis 18:56 Proposing Solutions to the Debt Crisis 19:55 Critiquing Modern Monetary Theory (MMT) 23:55 Intergenerational Wealth Transfer 25:47 The Futility of Systemic Solutions 28:20 Preparing for an Uncertain Financial Future ----- Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity. The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions. |
You Might Also Like
4 Types of Collaboration to Grow Your Business – Tom Wheelwright & Chad Jenkins
2024-10-10
Republican vs. Democrat tax plans—👉 https://bit.ly/TomsTownHallYT👈who will win, and how will it affect your money? Find out at Tom Wheelwright’s live town hall!
Tom Wheelwright’s LIVE Town Hall 👉 https://bit.ly/TomsTownHallYT👈
Your finances could be at stake—learn the truth about the Republican and Democrat tax proposals at Tom Wheelwright’s Town Hall October 16th.
The next election could impact your wealth?👉 https://bit.ly/TomsTownHallYT👈 Get all the details at Tom Wheelwright’s live town hall—sign up now : https://bit.ly/TomsTownHallYTThe
Join Tom Wheelwright as he discusses the power of entrepreneurial collaboration and how it can be the catalyst to growing your small business beyond measure with his guest, CEO and author, Chad Jenkins.
Chad Jenkins is the CEO and President of
Market CRASH Coming? Here are the Signals – Kim Kiyosaki, George Gammon
2024-10-09
In this episode of the Rich Dad Radio Show, host Kim Kiyosaki is joined by renowned macroeconomist George Gammon to break down the complexities of the current economic landscape and the broader financial trends shaping our future. If you’re looking for insights into recession indicators, market reactions, and how global factors like commodity prices and geopolitical tensions impact oil and gas, this episode is a must-watch.
Understanding the Inverted Yield Curve
George Gammon explains the significance of the inverted yield curve, a key indicator of economic uncertainty. When short-term interest rates rise above long-term rates, it signals a lack of confidence in the economy. Gammon points out that financial institutions are moving toward safer assets, like treasuries, which is
Could This Be the END of Fake Money? – Robert Kiyosaki, Anthony Pompliano
2024-10-02
In this episode of Rich Dad Radio Show, Robert Kiyosaki sits down with Bitcoin advocate Anthony Pompliano to explore the future of money, the flaws in traditional financial systems, and the rise of Bitcoin as "digital gold." With insights into the transformation of money, this conversation covers the key principles of sound money, the historical devaluation of currency, and why Bitcoin is becoming a crucial asset for safeguarding wealth.
The Devaluation of Money: A Historical Look
Robert Kiyosaki kicks off the conversation by recalling the end of real silver in U.S. currency, using the example of the 1964 Kennedy half-dollar. Post-1964, U.S. coins were primarily copper, marking a pivotal shift in the nation’s monetary system. Kiyosaki references *Gresham’s Law* and how bad money (like
The NEXT Big Investment Opportunity – Robert Kiyosaki
2024-09-25
In this episode of Rich Dad Radio, host Robert Kiyosaki takes you on an exciting journey to the Northwest Territories of Canada, where he explores the future of lithium mining with geologist Francis McDonald. As lithium becomes essential to the global push for electric vehicles and energy storage, this episode sheds light on the immense potential of lithium mining in Canada, particularly near Yellowknife.
Learn more about it here: https://www.katusaresearch.com/lift
Lithium: The Future of Energy
Robert Kiyosaki and Francis McDonald dive into why lithium is becoming an irreplaceable metal in the modern world, playing a crucial role in battery technology. Despite lithium being abundant, Kiyosaki emphasizes the challenge of getting lithium where it’s needed at the right time. This
Tags: Featured,newsletter
8 pings
Skip to comment form ↓