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	Podcast:		Network Radio Podcast
	Episode:		Two Mikes - Economic Pain En Route with Joe Lombardi
	Category:		Society & Culture
	Duration:		00:26:43
	Publish Date:		2024-10-20 07:16:33
	Description:		Today, the Two Mikes again spoke with Joe Lombardi, the Founder and Managing Partner of Iron Hawk Financial about the current state of the U.S. economy. As all of us know, Mr. Lombardi said, things are not good economically, and he said that over the next six-to-twelve months we are all going to feel even more pain. The Congress’s egregious and absurd over-spending has put America in debt to the sum of $35 trillion dollars, and in terms of unfunded liabilities Americans’ face another $218 trillion. Mr. Lombardi also suggested that people refrain from viewing view Bitcoin as being “too big to fail” because it is not, it was created by the U.S. Government and the CIA and those entities will also decide how long it lasts. And there seems no limit to the fiscal irresponsibility of the both parties in Congress. In addition, he noted that car repossessions are also up about 300-percent over the past year.
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