Phillip Patrick explains how U.S. economic crisis is a national security threat
8 months ago
6.26K
Birch Gold Group Precious Metals Specialist Phillip Patrick says the U.S. debt crisis limits our ability to spend on national defense and impacts our diplomatic relationships. “Debt service payments went up 33% from last year. Our debt service payments alone are basically equivalent to our national defense budget,” says Patrick. “As interest rates go up, as debts mount, that becomes more and more problematic.”
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