Ep. 1: There is no Money
Update: 2018-09-12
Description
The single most important method of examining the events in Washington, or politics in general, is via the concept of Debt. Whether it be Federal, State, Local, or Personal Debt, it is a concept which puts all the events of politics into their proper context. They are nothing more than a dog and pony show.
I discuss the various aspects of our American national debt, why it will eventually lead us to ruin, and help you understand the details and causes of this debt.
I also discuss some basics of the podcast, its purpose, and what you can expect.
Sources:
https://www.forbes.com/sites/johnmauldin/2017/10/10/your-pension-is-a-lie-theres-210-trillion-of-liabilities-our-government-cant-fulfill/#4767313365b1
http://www.pewresearch.org/fact-tank/2015/08/18/5-facts-about-social-security/
https://mises.org/library/government-debt-has-no-upside
https://en.wikipedia.org/wiki/Hauser%27s_law
https://www.justfacts.com/nationaldebt.asp
I discuss the various aspects of our American national debt, why it will eventually lead us to ruin, and help you understand the details and causes of this debt.
I also discuss some basics of the podcast, its purpose, and what you can expect.
Sources:
https://www.forbes.com/sites/johnmauldin/2017/10/10/your-pension-is-a-lie-theres-210-trillion-of-liabilities-our-government-cant-fulfill/#4767313365b1
http://www.pewresearch.org/fact-tank/2015/08/18/5-facts-about-social-security/
https://mises.org/library/government-debt-has-no-upside
https://en.wikipedia.org/wiki/Hauser%27s_law
https://www.justfacts.com/nationaldebt.asp
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