The Debt Ceiling Is Over… Or Is It?
Money Tree Investing
Money Tree Investing Podcast
4.6 • 658 Ratings
🗓️ 7 June 2023
⏱️ 47 minutes
🧾️ Download transcript
Summary
Congratulations to all of you who survived the debt ceiling debate. Wow. That was a close one... Not really. The markets almost flinched for a half a day... Meanwhile in fantasyland the politicians were telling us how the US would default, we would mint a 1 trillion dollar coin and they would resurrect Abe Lincoln. Well maybe no the last part, but I'm sure they were thinking it.
This week we discuss what they put into this historic bill (maybe historic is an exaggeration). But we will talk about it. Also on a more exciting topic. The real estate crisis and recession that are both on pause until further notice.
We have an exciting show planned for you.. And that part is not sarcastic.
Today's Panelists:
Kirk Chisholm | Innovative Wealth
Douglas Heagren | ProCollege Planners
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Transcript
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| 0:00.0 | Welcome to the Money Tree Investing Podcast. |
| 0:04.8 | Stock market, wealth, personal finance, value stocks, invest in your life. |
| 0:10.8 | Hello, Smart Money Tree podcast listeners. |
| 0:12.7 | Welcome to this week's show. |
| 0:13.7 | My name is Kirk Chisholm and I'll be your host. |
| 0:15.3 | So today I'm joined with my good friend Doug Hagrin. |
| 0:17.6 | Hey, Doug. |
| 0:18.3 | Morning, Kirk. |
| 0:18.8 | I want to remind everybody that in clarifying, |
| 0:21.0 | that Kirk said we're live. He didn't say we're alive. It is still Monday, and I'm sure all of you |
| 0:24.9 | feel half dead like walking zombies. But we're here to stimulate you and bring you, bring you |
| 0:29.9 | into the new week with a bang. So good morning. Yes, whether I'm alive is questionable. Just coming |
| 0:35.5 | off a weekend of, I don't know what you call it, allergies are being sick, but definitely feeling a little rough this morning. |
| 0:40.6 | You know, Kirk, I don't know if you're hiking. I was reading this morning, they're talking about all the boom of diseases that are coming out. |
| 0:46.3 | COVID's over, although I did see an article. |
| 0:48.8 | They've been testing the wastewater in New York, and they said there's been a huge spike of COVID that nobody knows about, |
| 0:54.5 | but it's in the waste. So just so you know. We should all be afraid then. They should all be |
| 0:59.2 | afraid that clearly there's a huge spike in COVID that nobody knows, nobody is getting sick |
| 1:04.3 | from, but it's there. Now, on top of that, I was reading, they go all these new disease like |
| 1:08.9 | RSB and all these things are coming out. And now they're talking about a new virus. They haven't even named that isn't |
| 1:13.7 | existed. They're not sure of. Sorry, not to get political. But they did say, you know, there's a tick-borne, |
| 1:19.0 | another tick-borne virus that is fiked up, like it always does, where's Lyme disease from the Northeast. So in your neck of the wood, you're going out there hiking, |
... |
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