U.S. Debt Surpasses GDP: Why Mortgage Rates Could "Spiral" From Here
The national debt just hit a dangerous new milestone, surpassing GDP—and the last time this happened, we just ended a world war. You already know the U.S. is heavily in debt—most Americans do—but nobody is asking the right question: at what point does this spiral out of control and force something in the economy to break?
Today, Dave is unpacking the next steps and the scenarios that could unfold once our debt reaches a point where our options to solve this become dangerous. And the effects could be massive for real estate investors, unless they begin preparing themselves now.
First, we’ll go…
The skinny
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