Description
The U.S. national debt recently crossed $34 trillion.
Without causing some serious pain, paying off this debt is nearly impossible to do.
We would have to dramatically cut spending in some VERY important areas, increase taxes, or both.
This debacle has led many to label this situation as catastrophic...
...as a "building that we’re stuck in that will need to collapse on us before we can leave."
But is it really as bad as some make it out to be?
Is $34 trillion of debt truly an issue?
Should we really be focused on paying down (or paying off) this debt?
To help answer these questions and shed light on this complex topic, I'm joined today by Cullen Roche, monetary economic expert and CIO of Discipline Funds.
-----
WANT MORE RETIREMENT PLANNING TIPS?
Join 5,000+ listeners and subscribe to the Stay Wealthy Retirement Newsletter.
As a thank you, you'll receive a copy of my 2024 Tax Planning Cheatsheet.
👉 Click here to subscribe and grab your cheatsheet.
-----
EPISODE RESOURCES:
✏️ Grab the Episode Show Notes
📊 Get Your Free Retirement Assessment!
📘 Check Out the Retirement Podcast Network
Emerging Markets are the world’s primary drivers of global growth (and wealth accumulation).
Just over 50% of the world's economic output comes from these countries. 🤯
They play a crucial role in shaping global economic trends...
...but most retirement investors don't fully understand this...
Published 11/21/24
Why are most people planning for the wrong things in retirement?
What should they be planning for that they’re not?
To help answer these important questions, Psychologist & Behavioral Finance Expert Dr. Daniel Crosby stops by to discuss:
➤ What our happiness is determined by
➤ Why...
Published 11/07/24