"In this week’s episode of RLA Radio, host Dennis Tubbergen interviews Karl Denninger, a prominent economic and political commentator. They discuss the unsustainable trajectory of the U.S. national debt, which has surpassed $35 trillion, and the alarming fact that a significant portion of personal income tax revenues is now used to pay interest on this debt. Denninger highlights the role of Medicare and Medicaid in driving this debt and criticizes the government's strategy of rolling maturing Treasury debt into shorter durations, which has exacerbated the problem."

This last month's MTS was especially alarming, and with 11 of 12 months now in the book the trajectory is clear (and pretty-much impossible to change.)  While this month was particularly bad, the underlying problem continues apace -- corruption and unserious claims of "analysis" of all types, which are clear just from the facts: You can't multiply health care spending by five times yet go from a few percent of adult Americans with a chronic condition to over half and be doing it right.

Come check it out at https://retirementlifestyleadvocates.com/podcast/episode/1/2024-09-15-retirement-lifestyle-advocates-radio-w-karl-denninger