ENTITLEMENT TRAIN WRECK: The Consequences of Doing Nothing
May 22, 2024
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1:12:52The Looming DEBT CRISIS: Will We Inflate our Way Out? Where to Invest?
10:17How to Invest When Your Government Is Spending its Way to Financial Ruin
19:28Now PlayingENTITLEMENT TRAIN WRECK: The Consequences of Doing Nothing
YouTube Description
as posted by the channelTrish Regan and Rob Hordon, Co-Founders of 76research, have an in-depth discussion about the trajectory of entitlement spending in the United States. The Congressional Budget Office projects that growth in Social Security and Medicare expenditures will drive the federal debt-to-GDP ratio to 172% in 30 years, which is widely viewed as an unsustainable level. Trish and Rob explain the numbers behind the forecasts, how they might even be optimistic, the political obstacles to entitlement reform, and the likely impact it will have on the geopolitical landscape and markets long-term.
#socialsecurity #debt #inflation #medicare #trishregan #hyperinflation #deficit
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