The U.S. debt has reached $34 trillion and the U.S. is already being funded by deficit. What will the debt be by the end of 2024? It seems congress has reached a deal but not quite official yet. In this episode we discuss the deficit spending and possible outcomes of the future. This careless spending can only be made possible by having a central bank. I hope you enjoy this episode and I appreciate everyone who takes the time to listen. Links from the show are below.

https://thehill.com/opinion/finance/575722-the-us-has-never-defaulted-on-its-debt-except-the-four-times-it-did/

https://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/

https://mises.org/library/anatomy-state/html/c/32

https://mises.org/library/case-against-fed-0/html

https://www.cnn.com/2024/01/03/economy/us-national-debt-34-trillion/index.html#:~:text=Data%20published%20by%20the%20Treasury,accumulated%20over%20the%20nation%27s%20history.

It seems that the U.S. government can't help itself when it comes to intervening in conflicts around the world. It topples regimes, fights wars via proxy, and props up governments around the world through economic and military aid. This is of course a consequence of a central bank that supplies endless money for endless wars. There is still overwhelming support to fund the war in Ukraine as well as the Israel and Hamas conflict.

https://www.yahoo.com/news/sen-bernie-sanders-vt-don-105147069.html

https://www.youtube.com/watch?v=i6L-Je9m-xo

https://www.axios.com/2023/11/04/us-israel-aid-military-funding-chart

https://www.reuters.com/world/middle-east/pressure-israel-over-civilians-steps-up-ceasefire-calls-rebuffed-2023-11-06/

https://news.antiwar.com/2023/11/05/israeli-minister-says-dropping-nuke-on-gaza-is-an-option/

With the recent attacks on Israel the U.S. is now aiding Israel as well as funding the Ukraine war. How many proxy wars can the U.S. fund? What will the consequences of these actions produce?

https://www.youtube.com/watch?v=cHgKHOlg-gk https://usafacts.org/articles/how-much-military-aid-does-the-us-give-to-israel/