Please text and tell us what you like We examine the debt ceiling crisis and its implications for investors, revealing how this political standoff reflects deeper problems in America's fiscal health that could impact global financial markets and your portfolio.  • Debt ceiling is a uniquely American concept (shared only with Denmark) limiting federal government borrowing • Official national debt at $40 trillion excludes $25-30 trillion in unfunded Medicare, Medicaid, and Social Security liabi...

SKEPTIC’S GUIDE TO INVESTING

Steve Davenport, Clement Miller

Uncle Sam's Maxed-Out Credit Card

MAR 13, 202530 MIN
SKEPTIC’S GUIDE TO INVESTING

Uncle Sam's Maxed-Out Credit Card

MAR 13, 202530 MIN

Description

Please text and tell us what you like

We examine the debt ceiling crisis and its implications for investors, revealing how this political standoff reflects deeper problems in America's fiscal health that could impact global financial markets and your portfolio.

• Debt ceiling is a uniquely American concept (shared only with Denmark) limiting federal government borrowing
• Official national debt at $40 trillion excludes $25-30 trillion in unfunded Medicare, Medicaid, and Social Security liabilities
• Rising interest rates have increased annual debt servicing costs to nearly $1 trillion
• Foreign ownership of US debt includes Japan (12.7%), China (8.9%), UK, Luxembourg, and Cayman Islands
• Investors should consider maintaining cash reserves and diversifying beyond Treasuries
• Economic growth through improved immigration policies could help address the debt-to-GDP ratio
• Current political focus on tariffs is "puffery" distracting from real solutions to debt problems
• Per capita national debt now exceeds $106,000 for every American

Be careful out there as an investor - have a plan B and stay balanced, flexible and ready to adapt as economic conditions change.


Straight Talk for All - Nonsense for None

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Disclaimer - These podcasts are not intended as investment advice. Individuals please consult your own investment, tax and legal advisors. They provide these insights for educational purposes only.