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August 9, 2023 19 mins

Understanding Debt + Finding Success with Richard Vague

Some areas discussed include:

  • How Entrepreneurs Can Leverage Government Debt to Scale Business in a Smart Way!
  • Do’s and Don’ts of Profit Building: Using Debt Strategy like Billionaires
  • How Government Debt Crisis Will Impact Business and How to Protect Your Investments
  • Real Estate, Wall Street and Other Debt Factors Keeping Entrepreneurs apart of the Middle Class

About his company: Debt is top of mind and top of newsfeed for everyone at the moment. US private-sector loans have tripled relative to income since 1950 and government debt is also at an all-time high. With ongoing discourse about the debt ceiling flooding the media and establishing this as a key topic throughout the upcoming election year, it’s more important than ever to spotlight independent, bipartisan experts and their insights to ensure that audiences across America and beyond are receiving well-researched, factual information. That expert is Richard Vague. 

Soaring debt burdens individuals, stifles growth, compounds inequality, and brings falling living standards for millions. To put it plainly: the rich are getting richer, the poor are getting poorer, and the middle class is disappearing. Vague is on a mission to revolutionize our understanding of debt, shape the policies we create to tame it, and create a future in which prosperity is accessible to all. 

Following a career that has spanned fields as varied as banking, energy, credit, and venture capital, Vague most recently served as Secretary of Banking and Securities for the Commonwealth of Pennsylvania—though, he did briefly consider entering the field for the 2020 Presidential election! His newest book, The Paradox of Debt, was released on July 11th, 2023. 

That Entrepreneur Show- Top 1.5% Global Podcast: Where founders of companies and brands share their entrepreneurial journeys, lessons learned, tips for success, and more each Friday since 2019.

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Music Credits: Copyright Free Music from Adventure by MusicbyAden.

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