Listen now (5 min) | This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 45,000 other investors today. To investors, The United States has approximately $25 trillion in debt. The country was expected to experience a $1 trillion deficit this year, which is the difference between how much money they spend and how much money they earn.
[NEW POST] Is It Really Debt If You Never Plan To Pay It Back?
The federal debt is about to explode, but nobody actually believes it can be paid back. This post explains what is happening in simple language and why you should care.