Wealth Formula by Buck Joffrey cover image

508: The Road to 2030 – Are We Headed for Another Great Depression?

Wealth Formula by Buck Joffrey

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The Economic Impact of Aging and Federal Spending

This chapter examines the economic challenges posed by the aging baby boomer population, emphasizing the projected surge in federal spending on healthcare and social security. It discusses the implications for GDP, business operations, and the potential risks of rising debt costs and diminishing confidence in U.S. Treasuries.

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