Greenspan Warns of Coming Stagflation

The video discusses concerns about the US budget deficit and potential stagflation, highlighting interviews with experts who warn about the economic impact of entitlement programs and mounting national debt. It also covers political dynamics affecting fiscal policy, with references to past political movements like the Tea Party. Experts like Paul Krugman and Kyle Bass express concerns about a possible recession, while the video also touches on the significant interest rates and debt figures the US faces.

What was the main concern expressed in the telephone interview mentioned in the first section?

• The budget deficit and stagflation

• The rise of new technology

• The decline in education standards

• The increase in global trade

Which political group was mentioned as having quieted down in recent years?

• The Green Party

• The Libertarian Party

• The Tea Party

• The Democratic Socialists

Who are some of the economists mentioned as warning about a potential recession?

• Janet Yellen and Ben Bernanke

• Warren Buffett and Charlie Munger

• Milton Friedman and John Keynes

• Paul Krugman and Kyle Bass

What is the daily interest rate the US is paying on its debt, as mentioned in the final section?

• $2 billion

• $750 million

• $1 billion

• $500 million

By what year is the US expected to hit a trillion-dollar debt, according to the discussion?

• 2023

• 2020

• 2021

• 2022