U.S. Deficit

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Is the U.S. deficit a national security issue?
CNBC Television· 2025-07-07 22:01
What is the biggest threat to national security. When Admiral Michael Mullen was asked that very question back in 2010, his answer shocked the nation. I responded that the most significant threat was our national debt, which was a bit of a surprise.Admiral Mullen served as the chairman of the Joint Chiefs of Staff under presidents George W. Bush and Barack Obama. Since then, the national debt has nearly quadrupled.Well, experts have warned that when a government spends so much related to its debt load, it c ...
This is Why the U.S. Deficit is so Alarming
Principles by Ray Dalio· 2025-06-26 13:49
In 2008, he sounded the alarm about the impending financial crisis. And now he's warning about something even more important. He's the author of the brand new book, How Countries Go Broke: The Big Cycle.And Bridgewater Associates founder Ray Dio joins us now. Great. Uh, Ray, great to see you.Congratulations on the book. Thank you. Uh, it really relates now how countries go broke because everyone's should be concerned about the deficit that alarms you.Why. Well, there's a supply demand. you know, when they t ...