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Bi-Weekly Geopolitical Report – Rising US & Global Debt: A Perspective Check (11/4/2024)
Episode 226
Published 1 year, 8 months ago
Description
We're talking big numbers today, US national debt numbers. Back in July, the Treasury department reported that our national debt exceeded $35 trillion for the first time, and at the current pace will top $56 trillion by 2034. It's hard to get your mind around numbers like these, and it's no wonder many commentators are sounding the alarm. Associate Market Strategist Daniel Ortwerth joins Phil Adler to take us on a deeper dive into our debt situation with the goal of adding some perspective.