Of the american electoral system how it works. If you compare for example mr trump to lets say the Obama Administration which contributed a great deal to the American Government dadt on substance do you think he so far has been really so much worse than the rest well doing nothing. Is not good either when it comes to fiscal policy because you have this true debt of the country which we call the fiscal gap which takes into account all the debts that are off the books and those are growing every year. Because the baby boom generation which is very large number is getting closer to collecting its benefits from pensions and health care and as it gets closer to the present value cost the cost in the presence of those future benefits gets larger so we have a debt thats growing around six trillion a year actually our fiscal gap is about two hundred trillion you said that that is you know because if thats not because the terms but. They got worse under obama theyre got a whole lot worse under
Prices are much higher on all these cryptocurrency is than they were back in twenty thirteen bitcoin was down in the hundreds it is how the point of the phone has a government now slow on their feet to move in for wages and the way to fight back is vehicle of course you have to ensure with your head up what you have your own sovereignty dont rely on the government to provide sovereignty for you they provide sovereignty for corporations not labor thats the message for seven years if youve been standing and waiting for better prices waiting for better prices youre going to be waiting for the rest of your life youll never be a sovereign individual. You know you yesterday in the last episode you interviewed harry you. Storm tokyo so there are other ways to enter the Crypto Markets by the way you dont have to like to hear savings take your cast and convert it to crypto and then. You know suffer the anxiety of the ups and downs of the Crypto Market. Because it could be very volatile for a wh
Is not good either when it comes to fiscal policy because you have this true debt of the country which we call the fiscal gap which takes into account all the debts that are off the books and those are growing every year. Because the baby boom generation which is very large number is getting closer to collecting its benefits from pensions and health care and as it gets closer to the present value cost the cost in the presence of those future benefits gets larger so we have a debt thats growing around six trillion a year actually our fiscal gap is about two hundred trillion you said that that is you know because if thats not because the terms but. They got worse under obama and got a whole lot worse under bush so every administration for the last six decades has contributed to this problem but the situation is such that if you dont address it is. Just keeps growing on its own so youre faulting time for not correcting somebody elses mistakes in fact the mistake is all the previous admini
A few you have to you have to take the Economic Situation the fiscal situation as you find it in if youve got something that people left you well they did a bad job but you have to address it you cant just let things continue to get worse because the bills are getting bigger and bigger for our kids this is also the case in russia that you have a fiscal gap we measure that as one of the early studies weve done here at the Guidance Institute we measure the fiscal gap its not quite as big as a share of g. D. P. As it is in the u. S. But its quite substantial so it all unless you get on top of these problems. They get worse but you know very well that every time you want to get on top of major structural issues there are some you know temporary issues that come into play on some very clear focus and one such thing would be. The wrangle over at the budget that we saw in the amharic and senate i know that you. Long been critical of the american political system its partisanship the bending h
You find it in if youve got something that people left you well they did a bad job but you have to address it you cant just let things continue to get worse because the bills are getting bigger and bigger for our kids this is also the case in russia that you have a fiscal gap we measure that as one of the early studies weve done here at the Guidance Institute we measure the fiscal gap its not quite as big as a share of g. D. P. As it is in the u. S. But its quite substantial so it all unless you get on top of these problems. They get worse but you know very well that every time you want to get on top of major structural issues there are some you know temporary issues that come into play on some very clear focus and one such thing would be. The wrangle over at the budget that we saw in the amharic and senate i know that you. Long been chris. Of the american political system its partisanship the its bending habits and i think all of that wasnt display in that argument do you think the pr