42 - The Hidden Crisis: National Debt Spiral EXPOSED and Explained
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42 - The Hidden Crisis: National Debt Spiral EXPOSED and Explained
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In this episode, we explore the complexities of the U.S. national debt and its impact on national security. We simply the types of federal spending by putting each category in one of three buckets. We discuss the growth of mandatory and discretionary spending, the interrelation between inflation and interest rates, inflation’s impact on the economy, the debt spiral we are currently in, and the significant structural reforms needed to finally arrest the steep dive we’re in to prevent a societal catastrophe.
Watch this and other episodes on other platforms, like:
- YouTube: https://www.youtube.com/channel/UCeqMtGqCXaO6BoSSjEa6zvw
- Substack: https://fireforeffect.substack.com/
- X: https://x.com/fire4effect7
- Rumble: https://rumble.com/user/FireforEffect7
Find more related content from Fire for Effect at:
- Substack: https://fireforeffect.substack.com/
- X: https://x.com/fire4effect7
Credits:
- All music written and performed by John Jones of JohnJonesMusicMaker.com