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Podcast: The American Enterprise Manifesto: My America's Vision of Peace and Nonviolence for Humanism
Episode: E=MC2 Americanism vs Communism Chinsese Cartel Style
Description: Current National debt $157 trillion (about $480,000 perperson in the US) Β The staggering figures associated with the current nationaldebt paint a grim picture of financial strain. Unfunded interest is accruing rapidly, creating a snowball effect that further exacerbates the economic challenges. Unfunded entitlements add another layer of complexity, representingobligations that are promised but not financially secured. When these elements are combined, the total debt becomes an almost insurmountable mountain.Β To make matters worse, the U.S. $167 trillion (about$510,000 per person in the US) in collateral, which should ideally counterbalance some of this debt, falls short, leading to a...