4.9 • 1.1K Ratings
🗓️ 3 January 2025
⏱️ 61 minutes
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“We do need to shrink our spending and we need to get a hold on the debt, but it needs to be done in a way that you have the growth go first. Otherwise, you’re going to end up with less revenue, which means you’re going to actually widen the deficit and create a worse problem—a ‘no good deed goes unpunished’ type of scenario.”
As part of our special series on the U.S. presidential transition period, I’m sitting down with Carol Roth, a former investment banker and author of several books—most recently, “You Will Own Nothing: Your War with a New Financial World Order and How to Fight Back.”
In this episode, we discuss the biggest financial challenges facing the incoming administration and how best to navigate them.
Views expressed in this video are opinions of the host and the guest, and do not necessarily reflect the views of The Epoch Times.
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0:00.0 | We do need to shrink our spending and we need to get a hold on the debt, |
0:04.0 | but it needs to be done in a way that you have the growth go first. |
0:09.0 | Otherwise, you're going to end up with less revenue, |
0:12.0 | which means you're going to actually widen the deficit and create a worse problem. |
0:16.0 | A no-good deed goes unpunished type of scenario. |
0:20.0 | In this latest installment of our special series on the U.S. presidential transition period, |
0:25.6 | I'm sitting down with Carol Roth, a former investment banker and author of several books. |
0:30.6 | Most recently, You Will Own Nothing, Your War with a New Financial World Order, and How to Fight Back. |
0:36.6 | In this episode, we dive into |
0:38.4 | the domestic financial challenges facing the incoming Trump administration and how best |
0:43.8 | to navigate them. This is American Thought Leaders, and I'm Yanya Kellick. |
0:51.8 | Before we start, I'd like to take a moment to thank the sponsor of this podcast, American |
0:56.2 | Hartford Gold. As you all know, inflation is getting worse, job numbers are a lot worse than |
1:01.3 | previously forecast, and many Americans are worried about a coming recession, but there is |
1:06.4 | one way to protect your savings. American Hartford Gold makes it simple and easy to diversify your |
1:12.1 | savings and retirement accounts with physical gold and silver. With one short phone call, |
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1:23.1 | 401K. American Hartford Gold is one of the highest rated firms in the country, with an A-plus rating |
1:28.9 | from the Better Business Bureau and thousands of satisfied clients. If you call them right now, |
1:34.1 | they'll give you up to $2,500 of free silver and a free safe on qualifying orders. Call 855-862-3377, |
1:42.9 | that's 855-862-3377, or text American to 655-3-2. |
1:49.0 | Again, that's 855-8662-337 or text American to 655-3-2. |
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