Money Metals' Weekly Market Wrap Podcast

Joe Biden's Ponzi Scheme

03.20.2024 - By Money Metals ExchangePlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

You've almost certainly heard of Bernie Madoff's Ponzi scheme. He was sentenced to 150 years in prison for running it. Well, as Mike Maharrey explains in this episode of the Money Metals' Midweek Memo, Joe Biden is overseeing an even bigger Ponzi scheme - the national debt. In this episode of the Money Metals' Midweek Memo, Mike puts the national debt into perspective, explains how it's a Ponzi scheme, reveals the ramifications, and argues that despite most people's apathy about the debt, it really does matter to you.

More episodes from Money Metals' Weekly Market Wrap Podcast