An Economic Boom Could Solve The US National Debt Woes
About this episode
This week on the Retirement Quick Tips Podcast, I'm talking about America's $36 Trillion Tab on the national debt and what that means for you.
A very smart investor told me recently that the national debt will begin to decline when the growth rate of the economy outpaces the growth rate on the debt.
Ok, so then one could conclude that we just need more robust economic growth to get out of this debt doom loop we seem to be headed for.
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