During an important update on the Federal Reserve and our nation’s massive amount of debt, Glenn warns that “normal” is never coming back. According to Forbes, the federal debt will reach 78 TRILLION dollars by 2028. But perhaps more frightening, the cost just to service that debt will cost the current, entire federal budget: 2.8 trillion dollars. So, the Fed, high interest rates, and our massive debt WILL enslave us: we’ll work hard but see no reward from our government for potentially the rest of its existence.
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