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If we have a hyperinflationary event, there’s going to be a civil war. If you take the current $2.3 trillion operating deficit, add $1.9 trillion to that, we’re at $4.2 trillion. Should another $3 trillion stimulus package be added to that, we could be looking at a $7 trillion deficit this year on a GDP of about not even three times that based on my numbers. This week on Retirement Lifestyle Advocates Radio you host Dennis Tubbergen is joined by guest, Karl Denninger. Join them for a great conversation about U.S. economy policy and its impending effects on Medicare in the next year or two.
Mr. Karl Denninger is an American technology businessman, finance blogger, author, and political activist, sometimes referred to as a founding member of the Tea Party movement. Mr. Denninger is the author of the book Leverage: How Cheap Money Will Destroy the World.