How The National Debt Actually Works

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Listen Money Matters

Careers, Business, Investing, Education

4.4 • 2.3K Ratings

🗓️ 29 January 2018

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

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Summary

The national debt is big boogeyman during election years but how bad is it really and do you need to worry about it? We hear a lot about the national debt, but many of us don’t really know what it is or how it works. Today we will have an a political discussion on how the national debt actually works. There are all kinds of doomsday scenarios surrounding what would happen if the US were to default, but the likelihood of that is pretty low. It could happen but it almost certainly won't. So like Warren Buffett, you can sleep tight and now let the national debt keep you up at night. Full Article Here Show Notes Harviestown Ola Dubh: Ale aged in whiskey casks Understanding the National Debt and Budget Deficit: Youtube Tool Box: All the best stuff to manage your money. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey guys, I wanted to share something new I've been working on.
0:05.7	It's called Seeking Profit and it's a podcast where we talk about the second phase of my
0:10.2	personal finance journey building online businesses.
0:13.9	These businesses earn money while I sleep and have detached my time from my income.
0:19.2	Since 2013, I've generated millions in revenue with these websites.
0:24.2	I felt it was long overdue to create a show in Listen Money Matter Spirit that taught the
0:29.6	ins and outs of online business building.
0:31.6	This is my biggest passion and if you're interested in coming along for the ride, just head
0:36.2	over to SeekingProfitShow.com or search for Seeking Profit on YouTube or your favorite
0:42.3	podcast app.
0:43.3	We're Seeking Profit!
0:45.3	Hey, what is going on everybody and welcome to Listen Money Matters.
0:54.4	It's a trick to stop thinking of it as your money.
0:57.7	My name is Thomas and I'm here as always with my good friend Andrew.
1:01.4	Andrew, are you in what are you drinking this?
1:04.4	I was about to say morning but it's not morning.
1:07.0	It's late.
1:08.8	We both pushed it back.
1:10.2	Well, I was doing a little research for the last minute, YouTube and so it'll be worth
1:17.2	it.
1:18.8	A Harvey's town.
1:22.1	I'm kind of Ola Daba.
	...

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