Michael Mullen

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.

Michael Mullen, former Chairman of the Joint Chiefs of Staff, shares his insights on America's fiscal crisis. He discusses the urgent need to address the rising national debt and its consequences, including threats to economic stability and national security. Mullen emphasizes how unchecked borrowing risks market confidence and geopolitical vulnerability, particularly in relations with China. His call for constructive dialogue highlights the internal divides threatening unity as the nation faces significant budgetary challenges.