US National Debt to GDP Ratio to Exceed 100% - Why It's Not as Bad as You Think

The skyrocketing US national debt to GDP ratio is set to exceed 100% in the 2021 fiscal year according to the Wall Street Journal. On Creating Wealth podcast episode 1453, Jason Hartman discusses the rapidly growing US debt and why this is not as bad as many people think.
0:00 Intro
2:30 We’ve got to remember that all real estate is local.
6:25 The two things that drive value are scarcity and utility.
7:15 Three types of inflation
10:15 The U.S. national debt to GDP has reached 100%. Why this is not as bad as it sounds.
18:00 People are still fleeing high-density areas. So many people are moving that movers are turning people away.
21:40 Why Fannie Mae and Freddie Mac coming out of their conservatorship would be good for investors
29:20 Meet The Masters 2020 https://www.jasonhartman.com/recordings
30:00 Robinhood, stock trading app, in trouble again?

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