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$205 TRILLION: The Real Fiscal Gap -- Laurence Kotlikoff

vor 5 Jahren
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Laurence Kotlikoff Author and Professor of Economics at Boston University joins us to discuss the REAL DEBT of the U.S. government which is now $205 TRILLION when unfunded liabilities are actually counted.

Kotlikoff warns, "We have a country that is entirely broke, fiscally broke - it's probably in worse shape than any developed country. We are in terrible shape, even worse than Detroit because the people doing the accounting are engaged in fallacious accounting..."

To my great surprise, Kotlikoff also believes that fixing "climate change" ought to be a top priority and somehow believes that a global carbon tax is the answer. Seriously. We debate it.

Larry's site:
http://www.kotlikoff.net/

For REAL News & Information:
http://sgtreport.com/
http://thelibertymill.com/

Music: "The Complex" by Kevin MacLeod (incompetech.com) Licensed under Creative Commons "Attribution 3.0" http://creativecommons.org/licenses/by/3.0/"
http://creativecommons.org/licenses/by/3.0/legalcode

The content in my videos and on the SGTbull07 channel are provided for informational purposes only. Use the information found in my videos as a starting point for conducting your own research and conduct your own due diligence (DD) BEFORE making any significant investing decisions. SGTbull07 assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you.