cover of episode U.S. Can ‘No Longer Afford Debt’, Only Way To Avoid Biggest Default In History | Luke Gromen

U.S. Can ‘No Longer Afford Debt’, Only Way To Avoid Biggest Default In History | Luke Gromen

2024/9/21
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The David Lin Report

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Luke Gromen, Founder & President of Forest For The Trees, discusses the insurmountable amounts of debt the U.S. now faces, and what must be done to avoid a sovereign debt default.

This video is distributed on behalf of Metalla Royalty (NYSE: MTA | TSX-V: MTA). Watch the interview with CEO Brett Heath: https://youtu.be/srT36HXSw0I?si=WPYj3E8lU2t_Uv5d

*This video was recorded on Saturday 16, 2024

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0:00 - Intro 1:20 - Dollar crisis 5:53 - Sovereign debt crisis 9:35 - Rising U.S. debt 9:30 - Dollar outlook 13:30 - Fed funding deficits? 18:45 - Causes of inflation 25:00 - Tariffs 27:35 - Anti-price gouging 30:18 - Inflation/interest rate outlook 33:00 - Gold and Bitcoin 42:00 - National security 45:00 - Recession signs

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