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Podcast: The Generations Radio Program
Episode:

​ US Economy - Biggest House of Cards Ever

Category: Education
Duration: 00:00:00
Publish Date: 2020-01-02 08:00:00
Description:

Reuters calls the 2010s the DECADE OF DEBT.  American corporations have become the paradigm of greed, dishonesty, unprecedented debt, and the quick buck. All caution was thrown out the window ten years ago.  While the federal government was running trillion dollar deficits, corporate America was running up annual trillion dollar deficits too. But, they weren’t spending it on equipment and development.  They were spending it on fake dividends and buying their own stock — 60% of the deficits! At the same time the S&P Price to Earnings ratio was bumping into the mid-20s.   Not Good.  Not Good.  Not Good. But, what are the real heart problems with America?  What will greed, debt, and the get-rich-quick schemes do to a country, to the largest economies in the world. . . to China. . . to Japan. . . to the whole world? 

This program includes:

1. The World View in 5 Minutes with Adam McManus (Fort Worth woman forgives church shooter who killed her father, CA cop cars: "In God We Trust” decals, American workers’ wages are up)

2.  Generations with Kevin Swanson

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