Recession Watch: Are We on the Edge of an Economic Downturn?
Manage episode 472867306 series 3410128
Recession Watch: Are We on the Edge of an Economic Downturn? | https://www.themorganreport.com/join
The warning lights are blinking. The U.S. is now staring down a staggering $36 trillion in federal debt and over 18 trillion in household debt.
When you add the unfunded liabilities of Social Security, Medicare, what we owe to veterans and federal employees through pensions, and other unfunded liabilities, we face a staggering $175 trillion total deficit.
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David Morgan
The Morgan Report
397 episodes