Episode Transcript
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Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.
Speaker 2 (00:16):
Wow, maybe by stock and paper and green ink. Yeah,
US debt is set to surge one hundred.
Speaker 3 (00:25):
And twenty percent of GDP, one hundred and twenty percent
of GDP. This is going to it's going to be
around what around twenty thirty four, twenty thirty five. You
put this in perspective, I think France is around one
hundred and sixteen. Again, out of control. Again all the
(00:47):
budget deficits, but what about the tariffs and the terriffs
are bringing in all this money? Right? The projected to
worsen throughout the next decade when compared with earlier forecasts. Okay,
but again I jes didn't they have a cabinet meeting
yesterday and tell everybody that it was awesome. Finances were great,
(01:08):
things were terrific. Really, then quick question here, because again
you know I'll get that, I'll get it. Scott Besson said,
I know, I know the Yankees can say that they
won the World Series last year, but they didn't. You
(01:30):
can look at the scores who won the games anyway. Yeah.
Do you know that the money supply right now M
two is at the highest level ever. Yeah, so we're
running massive deficits, which is going to add to our debt.
(01:54):
We're printing tons of money. Yeah, and everything is just
honky dory. Watch Dog on Wall Street dot Com