Dan Iveson, Group CIO of PIMCO, manages an impressive $2 trillion, while Michael Mullen, former chairman of the Joint Chiefs of Staff, brings a military perspective. They dive deep into America's escalating national debt, exploring dire economic consequences if unaddressed. Topics include the alarming rise of budget deficits exceeding 6% of GDP, the impact on bond markets, and challenges to the U.S.'s global economic standing. The conversation also touches on the political divisions threatening democracy and the urgent need for fiscal reform.