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Radical Personal Finance

1081-Will DOGE Save Us All From US Government Default?

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Finance, Retirement, Insurance, Business, Money, Education, Self-improvement, Financial, Independence, Growth, Advice, Investing, Family, Personal, Radical, Christian, Faith

4.41.9K Ratings

🗓️ 11 February 2025

⏱️ 35 minutes

🧾️ Download transcript

Summary

Radical Family Camp 2025 is 58% sold out now. Get your tickets before they're all gone! www.RadicalFamilyCamp.com

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, radicals, quick reminder as they begin today's podcast that tickets are on sale now for

0:04.6

Radical Family Camp 2025, our second annual version of Radical Personal Finance Family Camp.

0:11.9

If you would like to come hang out with me, my family, and a couple hundred of our radical friends

0:16.9

in April of this year in Indiana, April 10 to 13 in Indiana, please come to

0:23.7

Radicalfamilycamp.com, get information there on the event and buy your tickets today. I put

0:29.1

these tickets on sale on Friday. We are now 58% sold out, so I hope that this will sell out

0:35.2

fully in a week or two, and once this sells out, I'm done. I've rented the entire camp. I don't have any space left when this is done. So this is not a, not a sales tactic. Hey, we're going to increase it. Just go to Radicalfamilycamp.com, buy your tickets today. I hope that you'll come and hang out with me for a beautiful four-day weekend. We're going to talk about community and dynasty, how to build

0:54.6

community and how to build your personal dynasty. Welcome to Radical Personal Finance, a show

0:59.0

dedicated to providing you with the knowledge, skills, insight, and encouragement you need to live

1:02.8

a rich and meaningful life now, while building a plan for financial freedom in 10 years or less.

1:08.2

My name is Josh Rashidz. I'm your host, and today on the show, I would like to

1:11.9

revisit a theme that I've been talking about for a decade, but seriously, for at least six years.

1:19.3

In March of 2019, I released episodes 628 and 629 of the podcast. Those episodes were titled Federal Debt, the ticking bomb that no one is willing to diffuse.

1:35.2

And in that series of podcasts, I discussed some of the details of U.S. federal debt.

1:42.8

Basically, the constant and growing deficits that the U.S. government faces,

1:47.8

the burgeoning and ballooning federal debt that is growing,

1:51.9

and what would be necessary in order to actually change some of the situation.

1:58.0

In that podcast, I shared a piece that was written by Brian Reedle with the Manhattan

2:03.9

Institute, and it was a very good and sober and sensible discussion of federal debt, where he

2:10.6

went through and laid out some of the details of specifically what kinds of changes would be needed

2:16.7

in order to basically freeze the debt at about 100% of annual GDP.

2:23.3

So this does not involve actually paying off the national debt.

...

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