Your First Top 10 Countdown
Back in August, we talked about how U.S. politicians would cave on extending the country’s debt ceiling. Not only did Congress pass a short-term borrowing limit in October, but it also just voted to allow the country to take on $2.5 trillion of new debt. The unfettered cash will undoubtedly feed inflation — another topic Byron and I tackle. “This isn’t going to go away anytime soon,” he told me… long before the Fed dropped “transitory” from its vocabulary. Byron and I also discussed America’s waning military might — mere weeks before the U.S. withdrawal from Afghanistan.