5min chapter

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business cover image

How Does the Debt Ceiling Affect the Economy?

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

CHAPTER

The Debt Ceiling Is Higher and the Fed's Plan to Increase It

The Fed has taken a break from some of this low interest rate, you know, point of easing. The task comes in dealing with that debt and where it looms. My feeling is that the real estate especially is a very attractive asset class right now because what I believe will happen is there is a link between the fiscal irresponsibility of just raising or does seeing and spending out more money. You'll see recession types of signals start to come in the market long term.

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