What are the chances that the U.S. could lose it’s current debt ratings?
These days, many Americans may be feeling like they are falling behind economically. For a long time since the end of World War II, the American middle class has been a goal that most individuals and families desired to attain. What are the potential consequences for our country if the middle class were to vanish?
CNBC has a great slide show displaying the physical size of $1 Trillion. Definitely something to keep in mind as we watch our political leaders propose new spending programs while failing to manage existing inefficiencies and financial waste. A great visual tool for any age, and perhaps a good starting point for conversations with children about spending and fiscal discipline in our country.
Will our economy experience inflation or deflation first? Which will have the greatest impact? You decide.
Commentary regarding the importance of China and other foreign investors continuing to buy America’s debt and the associated geo-political risks of America’s massive federal deficit.