The #1 Threat To The US Economy

"by the year 2050 or so that is when it is expected that the net interest expense is going to surpass not just Medicaid not just Medicare not just the discretionary defense budget but also the entire higher growing Social Security budget"

"over the next 24 months we have a huge chunk of national debt that is coming due which means it's going to be readjusted which means you can expect more and more payments by the government to be having to be paid out because the government has to pay back this money plus interest"

"if the government hits a point where they realize okay we can't keep spending so much money we've been spending a whole bunch of money with a bunch of things from infrastructure to Social Security to Medicare to funding Wars overseas to doing all these other things we can't keep affording this because well we can't keep affording the higher interest rates in addition to constantly increasing spending so we need to cut back and if the government has to cut back that means less government benefits"

"if you enter a time where the economy is slowing but that means people's incomes fall because either people make less money or because people get laid off if you have more people that are laid off you have less people generating income less taxes going to the government and the businesses are making smaller profits that also means less taxable income for the government which means even less government benefits"

"if the government now has to get more dollars especially in a time where the economy is slowing that could force the government to potentially increase taxes because they run into a situation where now they say well we have too many expenses and we need to keep spending money but we need more money to do that which means they need to generate more taxes"