Debt, Dollars and Dynamics with Luke Gromen
Current events in the Middle East are shifting the complexities of the financial landscape, interest rates and fiscal decisions. These decisions can affect the average person, investors, and the broader economy. Luke Gromen (@LukeGromen), founder and President of Forest for the Trees (FFFT) details the increasing concerns about the national debt. He passionately argues that the current situation is more than just a passing issue, asserting that it deserves more attention and understanding than it's currently receiving. He explores the link between interest rates, fiscal decisions, and the war dynamics on the global stage. The conversation takes a closer look at the economic paradox unfolding before our eyes. It's not just about inflation, but the fundamental reluctance to hold onto government debt. The potential ramifications of this shift are dissected, and the conversation delves into how it might impact the United States' position as a dominant economy. They discuss the significance of gold, the risks associated with rising US debt, and the impact of geopolitical conflicts on oil prices. Follow @jimiuorio @Bob_Iaccino Produced by Haynow Media
From "Futures Edge Show: Finance Unfiltered with Jim Iuorio and Bob Iaccino"
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