U.S. Debt Nears $36 Trillion As Asset Inflation Keeps Economy Afloat
In the latest Money Metals Midweek Memo, host Mike Maharrey highlights the growing U.S. national debt, which now exceeds $35.7 trillion.
Maharrey begins the episode with a reference to the Apollo 13 mission, saying, “Washington, we have a problem.” He draws parallels between the crisis faced by astronauts and the fiscal disaster Washington is ignoring.
Unlike the Apollo 13 team, Maharrey argues that government officials are pretending everything is fine, despite mounting financial problems.
Video Length: 00:22:26
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