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21 results for “national debt”
Concept24 mentions across episodes
debt
...our national debt divided by the number of citizens. So That'll be a $100,000 each. Which number makes you more worried? The fact that the average credit card debt is 3,000 including children and babies, so probably more like 10,000 for adults, or th
58:27 / 59:35
from transcript58:27 – 59:35
...look at our national debt, which I think is 36,000,000,000,000. US public debt per capita is a 103,400 because court is on it today, ladies and gentlemen. Yeah. 36,000,000,000,000 divided by 330,000,000 people is a 109,000. That's our national debt d
57:42 / 58:47
from transcript57:42 – 58:47
...The national debt slated to rise by nearly $24,000,000,000,000 over the next decade, a sum that does not even include the trillions of dollars in additional tax cuts that the current administration may put into place.
1:23 / 2:35
from transcript1:23 – 2:35
...debt today is 3.3%. That's the average of all the treasuries that the federal government has issued, the treasury department has issued to borrow the money that it is using and has used to pay all its bills. And if you look at the 5% number, that's a
9:45 / 10:49
from transcript9:45 – 10:49
...debt as interest rates climb from 3.3 to 5%. And so, fundamentally, this is about 70% of the current defense budget. It's about 10% of the overall federal budget. It's a significant percentage of US GDP, about 3% of US GDP. It's a substantial number,
1:14:57 / 1:16:04
from transcript1:14:57 – 1:16:04
“US debt explodes to $56 trillion by 2036 - here's how bad it gets”
...debt to GDP. House committee on budget expects it to be a 135%, so slightly up in 2036. For comparison, Japan is 237, Singapore, a 176, Venezuela, a 164. The Greeks, one fifty four, UK, 94. Twenty yea
33:19 / 33:57
market insight33:19 – 33:57
...debt service. And that's like plaque in that it leaves less room for spending. So for example, the US government has, an interest bill that's, about a trillion dollars a year. And if they didn't have a trillion fed didn't have that interest bill, the
20:13 / 21:17
from transcript20:13 – 21:17
...debt problem. Talk a little bit about what you mean when you say America's balance sheet, and what does that entail? Well, first of all, I love, David, the way you're framing it. And I would just add, you know, that $2,000,000,000,000 deficit means t
34:29 / 35:38
from transcript34:29 – 35:38
...debt we have. It tells you very little about risk. What tells you about risk is if the ten year yield rises persistently above the level of our nominal GDP growth, that's what would get me worried. But the incremental $10,000,000,000 of of public deb
15:42 / 16:52
from transcript15:42 – 16:52
...debt on top of that pile of debt, So it's not just the existing debt that's a problem, but you have to add more debt sales, which equals, essentially, the budget deficit, which now is gonna be about seven and a half percent of GDP. You've gotta sell
21:00 / 22:00
from transcript21:00 – 22:00
...people say the national debt is this really big crisis. It often has to do with politics as we all know, and suddenly people go in and out of concern about the size of the debt depending on, who's in the White House. It's fine. I get that. But why is
31:24 / 32:36
from transcript31:24 – 32:36
...debt. Dollars 37,000,000,000,000 total in terms of our debt on our balance sheet. If you bring that down to the individual taxpayer, individual household, each household share is over 300,000. And by the way, the average taxpayer in America household
18:44 / 19:48
from transcript18:44 – 19:48
...to GDP, but then severely impacting it in a positive way. The Napoleonic war, the Franco Prussian war, World War two, these things all had positive effects on bringing debt to GDP once the war was over. But the general trend since 1700 to now is up a
42:45 / 43:45
from transcript42:45 – 43:45
...debt is equal to GDP. We're running deficits at 7% of GDP and the economy has kind of grown at one, two, little north of 2%. So the debt is growing faster as a result of the imbalance in the federal budget where deficits are growing at the rate of se
18:42 / 20:10
from transcript18:42 – 20:10
...debt gets refinanced. Fribourg, do that. Favor for the audience if you could explain why it's going up, why it's so high, and what that means to turn. The debt or the interest rates? The interest rates. Yeah. Well, the interest rates are going up bec
48:31 / 49:46
from transcript48:31 – 49:46
...to GDP is back to where it was at the end of World War two. Now, of course, it's been getting there for some time. It's been rising
11:52 / 13:05
from transcript11:52 – 13:05
...the debt at the prices that, you know, David was talking about, You know, it's it's only a few years before spending on interest is significantly larger than spending on Medicare and Medicaid or Social Security or the military. So pick something you
12:43 / 13:47
from transcript12:43 – 13:47
...is growing faster as a result of the imbalance in the federal budget where deficits are growing at the rate of seven percent of GDP, which means the debt's growing at the rate of 7% of GDP, where our debt is growing now faster than GDP and is becomin
19:30 / 20:33
from transcript19:30 – 20:33
...a debt to GDP ratio of a 125%. And this ratio has climbed steadily since the pandemic began in 2020 when the federal government debt was 20,000,000,000,000 and GDP was just 21,000,000,000,000. So since the pandemic, federal government debt has risen
0:43 / 1:52
from transcript0:43 – 1:52
...ran up debt, paid it back. During World War I, ran up debt, paid it back. And then World War II hits, we and and the Great Depression, we ran up a lot of debt, almost the levels that we are at today. And then after the war ended, we are in this posit
12:44 / 13:54
from transcript12:44 – 13:54
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