5min chapter

The Tony Robbins Podcast cover image

Financial Insights w/ Billionaire Jeffrey Gundlach | Discussing inflation, taxes & asset allocation

The Tony Robbins Podcast

CHAPTER

The Government Spending Is Over 35 % of Our Economy Right Now

The last 12 months, the government has spent eight none trillion dollars. 56 % of that 8 point one trillion dollars is debt. So we have something of a collectivized economy at is gaining a further momentum. Food prices are going up tremendously. Gasoline prices, si said, are going up tremendous. I saw an article on the bloomburg newswire to day that they're now calling it the k shaped inflation situation. And i can't find a single one that just doesn't end with the economic inequality getting much worse and leading to society stresses that must be addressed.

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