Debt, deficit, GDP, and IMF. Jason Hartman clears up some confusion and expresses some views on the constant flow of relief funds. As well, some news about the upcoming Meet The Masters, Virtual Sofa Summit. Mark your calendars for July 31 thru August 2.
He is one of the most famous economic investigative journalists of all time, Jason Hartman interviews James B. Steel. Jason ask James about the decimated middle class, how did we get here, and how can we get out? As well, James touches on health care and the American dream, and how to make the middle class viable again.
Meet The Masters Virtual: July 31 – August 2
Harry Dent, George Gammon, Sean Carroll
[3:30] Let’s talk about the IMF’s new report, (International Monetary Fund).
[5:00] Global debt vs global GDP.
[6:45] Clarifying debt and deficit.
[8:45] Keep the relief fund flowing, regardless of the debt and deficit?
James B. Steele
[13:45] The middle class has been decimated, without a real dollar raise in four decades. How can this be?
[18:00] Discussing how the median income is behind pace.
[22:30] The free market has been wonderful for this country but it cannot solve this problem we’re in.
[26:00] How could health care be solved?
[30:00] Who are the global money men?
[31:00] Is there hope for the American dream?
[34:15] The solution; what is the foundation that makes the middle class viable again?