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Jonathan Wellum: 'Debt Increasing By $1 Trillion, Every 100 Days'
Are we on the brink of an economic collapse? Jonathan Wellum of RockLinc Investment Partners says that the debt is getting completely out of control. Wellum says the debt is growing 'at an unsustainable rate, and that we're adding a trillion dollars every 100 days.
Join host James Connor as he interviews Jonathan Wellum, CEO of RockLinc Investment Partners. They'll discuss alarming debt crisis, the economic outlook for the U.S. and Canada, and what strategies you should consider to protect and grow your wealth in these uncertain times.
TIMESTAMPS:
0:00 - Introduction
0:45 - Jonathan Wellum’s Overview of the Economy
2:10 - U.S. Economic Uncertainty and Consumer Confidence
5:00 - Signs of Pressure on the U.S. Consumer
7:46 - Federal Debt Concerns
8:49 - The Impact of Trillion-Dollar Deficits
10:00 - Why Debt Levels Matter
11:21 - Investment Strategy: Balancing Risk and Opportunity
15:00 - The State of the Canadian Economy
17:37 - Effects of High Immigration and Policy Failures
19:39 - Government Spending and Its Impact
22:00 - Canadian Housing Market Outlook
25:00 - The Strain on Canadian Banks
27:00 - Stock Market Investment Strategies
28:04 - Sectors and Stocks to Watch
31:32 - Why Choose Royalty Companies
35:00 - Investing in Oil and Gas
37:06 - Avoiding Canadian Banks and Telcos
39:41 - Investment Challenges for Canadians
41:07 - Turning Around the Canadian Economy
42:52 - Closing Remarks and Contact Information
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Published on 1 year, 1 month ago