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#82 - The Citizen's Fallacy Behind 21 Trillion In National Debt
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:04:46
- More information
Informações:
Synopsis
Hey everyone, Kirk here again from optionalpha.com and welcome back to the daily call. On today’s daily call, I want to talk about the citizen’s fallacy behind the 21 trillion in national debt. Why do I call this the citizen’s fallacy? Because I think that honestly, most people… I don’t care what political spectrum you lean towards, left, right, middle, it doesn’t really matter. I think most people have no idea how much a country (the United States because that’s where we’re recording) is in debt. We have a national debt that if it hasn't been eclipsed by time that this podcast goes out, it’ll probably will very, very shortly. But it’s 21 trillion in national debt which again, trillions and billions, people throw around randomly now. I think people are numb to this. I don't think that people understand really the difference between a trillion and a billion other than the T or the B really at the beginning. But I think that most smart people, if you rationally think about how much debt we are racking up, know