How Rising U.S. Debt Affects You

Published: Feb. 3, 2023, 4:49 p.m.

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Since Creating Wealth\'s National Debt episode in 2020, the total U.S. national debt has increased from $24 trillion to $31.5 trillion. Bill describes what caused the increase and how this will affect the U.S.\'s standing in the world, using examples from Britain and China to compare and contrast. Bill explains what may happen to entitlements and what the implications are for individuals and investors. What strategies can investors take to hedge against this risk and what can U.S. citizens do about this?

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