When the United States has a significant amount of debt, high interest rates and a budget deficit, there can be no hope of ever paying it off.
This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps.
I love listening to Greg Foss on podcasts, especially when I’m gearing up for a heavy dead lift or something like that. His no-nonsense talks about bonds just really gets my blood flowing and my mind focused. But when I send stuff like that to my less finance-minded buddies, they often have trouble understanding what he’s talking about.