This is another podcast from one of the many podcasts that I like to listen to. This one is from the Jason Stapleton Program, definately worth a listen!

579: Fed Warns, "Too Much Debt to Grow."



"

Robert Kaplan, the president of the Dallas Fed Bank, warned this morning that "we are highly leveraged." and that the countries ability to boost growth through debt are limited.

Now that might not make a lot of sense to some of you, but after today's show, all will be clear. You'll understand it so well by the end of the show you're friends will marvel at the depth of your knowledge.

We'll then take a look at Puerto Rico, a province that tried to use debt to grow it's way to prosperity. It didn't work out so well.

***
The market appears to be so overextended that hedge fund managers are returning billions to their partners rather than invest it.

That's not a good sign.

***
Finally, we've got the expanding threat or war with North Korea and tensions with the Russians over Syria.

I've got all of that in the stack today. Looking forward to sharing with you.

Jason

"
http://www.jasonstapleton.com