Taylor St. Germain, a Senior Economist at ITR Economics, shares insights on the predicted economic downturn approaching by 2030. He discusses the alarming impacts of rising debt, a retiring Baby Boomer generation, and unsustainable entitlement spending. St. Germain also highlights how advancements in artificial intelligence could reshape economic dynamics, potentially challenging grim forecasts. The conversation reveals the intricate relationship between demographics, federal spending, and investment strategies, urging listeners to prepare for the impending changes.
