4.4 • 1.9K Ratings
🗓️ 7 March 2019
⏱️ 130 minutes
🧾️ Download transcript
Yesterday, I released to you a discussion on the Federal Debt in the United States. That show should be your introduction to this problem.
But in thinking about it, I felt like it was incomplete. I wanted to present some useful materials, in audio format, for listeners who don't have a firm background in the fundamentals of the problem.
So I decided to go in-depth to try to lay out the problem very clearly.
This show is deep and difficult. It holds quite a bit of my reading to you--but also some interesting commentary.
If you're trying to understand the underlying, structural problems more clearly, listen to the show.
If you prefer reading, start with these two links:
Click on a timestamp to play from that location
0:00.0 | Welcome to Radical Personal Financial Show, dedicated to providing you with the knowledge, skills, insight and encouragement you need, live a rich and meaningful life now, while building a plan for financial freedom in 10 years or less. |
0:09.0 | Today on the show we continue our discussion of federal debt, and let me lay out everything we're |
0:13.7 | going to cover in the show up front so that you can decide if this particular |
0:17.6 | episode of the show will make a good use of your time or not. Today's show will |
0:22.0 | not feature much personal commentary. In yesterday's show, I did |
0:25.9 | add some personal commentary and discussion on to the topic of the ticking time bomb that is |
0:31.6 | U.S US federal debt. |
0:33.0 | Today's show, however, will feature very minimal commentary. |
0:36.8 | If you are a reader, one who prefers |
0:39.7 | to absorb information in written form, and or if you find that reading is a more |
0:45.2 | productive use of your time than listening, then all you need to do is simply |
0:49.7 | reference the two sources cited in the show notes for today's show. Specifically a |
0:54.8 | Washington Post article from March 5 called the Federal Deficit Ballooned |
1:01.6 | that start of new fiscal year up 77% from a year before I will read you some excerpts of that article and in addition you can reference the written report that I will be reading to you called a comprehensive federal budget |
1:13.7 | plan to avert a debt crisis by Brian Reedle. That is the report that was |
1:18.8 | referenced in yesterday's show. So if you're one who reads go ahead and just use those written resources to help |
1:25.8 | you make good use of your time and skip the show. If you're one who benefits from |
1:29.4 | podcasts such as mine to turn otherwise unproductive time into something productive, then I think |
1:36.2 | you'll enjoy this because I'll give you an audio version that is fairly balanced and |
1:42.2 | useful and the commentary will just help you to make good use of some of your audio listening time |
1:47.0 | rather than going and reading these particular resources but it won't offend me if you skip this show. |
1:52.9 | So because of your preference to read. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.