As of October 2020 the U.S. national debt has surpassed $21.1 trillion and it's only getting bigger. Now is the time to buy into the stock market and take advantage of the resulting equity inflation.
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Chapters:
0:00 - Intro
0:33 - U.S. national debt - $21 trillion
1:28 - Even just the interest is $341 billion
2:06 - Need to reduce spending, increasing taxes isn't enough
2:27 - "Official" vs. actual unemployment numbers
3:32 - Dollar to silver ratio (inflation)
3:59 - Median income has barely changed in 20 years
4:23 - This is why investing is important: keeping up with inflation
4:56 - Living paycheck to paycheck?
6:06 - US workforce in 2000 vs. now
7:00 - Does the government actually create jobs?
7:47 - How much money is enough?
9:12 - Real estate and equity inflation (THIS is why to invest)
9:52 - Will raising taxes fix it?
11:38 - The solution: get spending in check
12:58 - Fun fact: it's all theater
15:22 - What has actual value now?
#investing #usdebtexplained #howtobuildwealth
The U.S. debt is OUT OF CONTROL - What this means for YOU!
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