Episodes
Monday Nov 18, 2019
Fiscal Truth and Investment Consequences
Monday Nov 18, 2019
Monday Nov 18, 2019
America’s finances have been deteriorating for almost two decades. In October 2000, the Treasury Department announced a budget surplus for the just-ended fiscal year of $236 billion or 2.3% of GDP. The federal debt amounted to just over $3.4 trillion or 34% of GDP.
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