EP231 - A theory on how you clear $34 Trillion of national debt

On January 3rd, the US Federal short term debt showed up at $34 Trillion dollars. This doesn’t take into consideration of the long term liabilities on the balance sheet of country that go to the promised social security & Medicare payments for seniors. That would add another $80 Trillion to the tally. But this simply is the accumulation of decades of losses on the profit & loss statement of the country. In this episode, I’m going to float a theory on how the USA will clear this debt quickly, but I don’t think you are going to like it…

You can listen to EP231 - A theory on how you clear $34 Trillion of national debt online on Radio and Podcast. Open the player on this page to stream the available audio.

EP231 - A theory on how you clear $34 Trillion of national debt is an episode from Flood of Sarcasm by Myles Wakeham.

This episode is 51:59 long.

This episode was published on Feb 18, 2024.

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