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Has the U.S. financial system passed the point of no return
Manage episode 379313295 series 3415392
Innehåll tillhandahållet av David Nelson, CFA, David Nelson, and CFA. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av David Nelson, CFA, David Nelson, and CFA eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
The first step to solving a problem is admitting you have one. The United States is addicted to debt. The elephant in the room is still the same elephant we've been dealing with since last year only bigger. With debts and deficits rising these are the steps we need to take to avoid a full blown financial crisis.
00:00 Threat to the U.S. Financial System
00:35 Widows and orphans aren't safe
01:21 Nonfarm payrolls
02:44 Addicted to debt
03:52 Regime change
05:35 BRICS
06:15 Washington
07:50 Congress
09:23 No more CR
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