Insightful Principles

IP #125: Is A Sovereign Debt Crisis On The Horizon?


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IN THIS EPISODE, YOU’LL LEARN
2:26-Will there be a Global Recession in 2023?
3:11-Trouble with U.K pension funds
11:58-U.S Deficit since 2001 
12:50-What is the Total Debt to GDP?
14:17-Will the Debt Spiral Continue? 
15:15-How much National Debt does the U.S have? 
19:00-The importance of hard assets 
Kevin talked on Stanley Druckenmiller recent interview on CNBC regarding a possible global recession in 2023.
Some of the themes were how the interest expense on the debt is becoming increasingly high. Druckenmiller highlighted how the expense will eat up healthcare spending by 2027, discretionary spending by 2047, & social security by 2049.
Kevin also detailed some graphs around the U.S deficit, the total debt to GDP, & the overall debt spiral. Please rate, leave a review, & share. 
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Insightful PrinciplesBy Kevin N Jenkins

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