Charles Goyette returns to the show to discuss the national debt and the general state of the American economy. According to Goyette, the debt can grow to astounding levels, but the game ends when no one is willing to fund American debt. Goyette explains how this could happen with either a bang or a whimper and the role that U.S. foreign policy plays in the growth of the debt. He then addresses the rise of China, and the degree to which the growth of the Chinese economy is legitimate. Goyette then details how far Americans have deviated from the foundational precept of liberty and how the establishment has given up on any kind of financial probity.
Discussed on the show:
This episode of the Scott Horton Show is sponsored by: Zen Cash, The War State, by Mike Swanson; WallStreetWindow.com; Roberts and Roberts Brokerage Inc.; LibertyStickers.com; TheBumperSticker.com; and ExpandDesigns.com/Scott.
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