Theory 2 Action Podcast

MM#317--How The World Works: America on the Brink Navigating the Economic Precipice


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Peel back the curtain on America's fiscal challenges with me, David Kaiser, as we confront the unnerving reality of the U.S. national debt now breaching the $34 trillion mark.

In a fusion of wisdom and warning, we dissect "Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail" by Ray Dalio, our spotlighted book--and perhaps my new favorite book :)--that sheds light on our economic conundrum.

Key Points from the Episode:

  • Prepare to be astonished as we navigate through an online portal that starkly visualizes our nation's soaring financial burden. The US debt clock not only presents these figures in real-time but also invites you to witness the historical climb of our debt through its time machine feature—a journey bound to leave you astounded.
  • Passing the $870 billion mark with interest on the debt is a brutal horrific milestone because it passes defense spending which is projected to max out at $822 billion at the end of this fiscal year.   
  • I share with you how Dalio's innovative writing style, marked by bolded passages for a quick read and red-dot denoted principles, makes for an indispensable guide in these turbulent times. 
  • As we parse through the crucial insights Dalio provides, we'll grapple with the implications of our country's financial trajectory and what it portends for our collective future.


Other resources:

US Debt Clock


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Theory 2 Action PodcastBy David Kaiser

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