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America’s Ticking Debt Bomb - Jerry Robinson

933 views · Published 15 November 2018 · 1:02:08 · Indexed 27 September 2026

Channel: Follow the Money · 2018 · Entertainment

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mp3 download link: https://api.spreaker.com/download/episode/16218285/ftm_podcast_111418_mixdown.mp3

Read the show notes: https://followthemoney.com/americas-ticking-debt-bomb/

Description: On this week’s broadcast, economist Jerry Robinson comments on the latest government spending forecasts which reveal that in less than five years America will be spending more on interest on the national debt than on its entire defense budget. 

Segment 1: America's Ticking Debt Bomb
SEGMENT BEGINS AT 01:27

In this week’s broadcast, economist and best-selling author Jerry Robinson comments on the latest government spending forecasts which reveal that in less than five years America will be spending more on interest on the national debt than on its entire defense budget.

Highlights include: 

- The rapidly growing political weakness in Washington

- The US has the largest military in history, yet recently admitted defeat

- 70% of the federal debt will mature in 5-6 years and will be refinanced at higher interest rates

- By 2025, the US will spend more on interest than on all nondefense discretionary programs combined

- The U.S. Treasury is set to issue twice as much debt in 2018 as it did in 2017

- If the economy is so good, why isn’t the national debt going down?

- Neither party in Washington has a plan to pay off the national debt

- A rising China is patiently waiting in the wings to take the reins

- There are four ways to solve America’s debt crisis…

- You must have a financial plan!

- Two income ideas: Learn how to trend trade stocks and/or how to create an online income


Segment 2: An Interview with Jerry Robinson
SEGMENT BEGINS AT 41:19

In this segment, we switch things up a bit with a snippet from a recent interview with our host Jerry Robinson by another podcast called Crush the Street. Jerry is asked how trend trading can be profitable amid the America’s economic decline.

Highlights include: 

- Approach the market with an agnostic point of view

- Listen to the market… it will tell you current expectations

- Look for an environment with a lot of movement, in a confirmed trend

- Two investment opportunities today that could soar in the future

- The timeless wisdom of gold investing


Segment 3: The Final Word
SEGMENT BEGINS AT 59:59

"The rich rules over the poor, and the borrower is the slave of the lender." (Proverbs 22:7)

Jerry closes out today’s show with a haunting spiritual truth. Although the Bible does not call debt a sin, it does tell us the dismal consequence –  if the unprecedented borrowing in Washington does not stop, it is sure to face a bitter, humbling yoke.


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