{"id":69041,"date":"2009-12-07T13:36:00","date_gmt":"2009-12-07T18:36:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/business-news\/dec-07-mauldin2-2009-12"},"modified":"2009-12-07T13:36:00","modified_gmt":"2009-12-07T18:36:00","slug":"john-mauldin-heres-why-our-massive-debt-mountain-will-kill-us-in-the-end","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/69041","title":{"rendered":"John Mauldin: Here&#8217;s Why Our Massive Debt Mountain Will Kill Us In The End"},"content":{"rendered":"<p>\n<object classid=\"clsid:d27cdb6e-ae6d-11cf-96b8-444553540000\" width=\"600\" height=\"396\"><param name=\"movie\" value=\"http:\/\/cdn.livestream.com\/events\/businessinsider\/TBIPlayer.swf\" \/><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"wmode\" value=\"transparent\" \/>&nbsp;<param name=\"flashvars\" value=\"channel=tbilive&amp;clipID=flv_c4fe5c12-a9a6-4070-a277-f27e24125811\" \/><embed type=\"application\/x-shockwave-flash\" width=\"600\" height=\"396\" src=\"http:\/\/cdn.livestream.com\/events\/businessinsider\/TBIPlayer.swf\" wmode=\"transparent\" flashvars=\"channel=tbilive&amp;clipID=flv_c4fe5c12-a9a6-4070-a277-f27e24125811&amp;autoPlay=false\" bgcolor=\"#ffffff\" allowfullscreen=\"true\" name=\"twitcamPlayer\"><\/embed><\/object>\n<\/p>\n<p>&nbsp;<\/p>\n<p><strong>John Mauldin, President, <a href=\"http:\/\/www.frontlinethoughts.com\/gateway.asp\">Millennium Wave Advisors, LLC<\/a> (4 min)<br \/><\/strong><\/p>\n<ul>\n<li>We&#8217;re borrowing ourselves to death<\/li>\n<li>But government spending doesn&#8217;t fix anything&#8211;investments must be made in the private sector in order to create jobs<\/li>\n<li>The U.S. will not reach a $2 trillion deficit&#8211;because government will raise taxes and cut spending before that happens.&nbsp; These moves will kill the economy.<\/li>\n<li>Another financial crisis will occur if there is no credible plan to get back to manageable debts<\/li>\n<\/ul>\n<p><em>Produced By: Kamelia Angelova &amp; William Wei<\/em><\/p>\n<p><strong>More Video:<\/strong> <a href=\"http:\/\/feedproxy.google.com\/~r\/TheMoneyGame\/~3\/tbi-live-calendar\"><strong>TBI Calendar Click HERE &gt;<\/strong><\/a><\/p>\n<div class=\"sponsored-post\">\n<div><a href=\"http:\/\/www.insightexpress.com\/ix\/Survey.aspx?id=162141&amp;accesscode=8448859375&amp;a=b&amp;bannerID=155559&amp;forceinvite=true&amp;openinwindow=false&amp;script=true&amp;showInvite=false&amp;multipleinvites=true\">Your opinion counts! Please take the smartphone brand survey.<\/a><\/div>\n<\/div>\n<p><a href=\"http:\/\/www.businessinsider.com\/business-news\/dec-07-mauldin2-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/business-news\/dec-04-mauldin1-2009-12\">John Mauldin: We&#8217;re Still Heading For A Double-Dip Recession<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/john-mauldins-thoughts-on-the-continuing-economic-crisis-2009-11\">John Mauldin&#8217;s Presentation: &quot;Thoughts On The Continuing Economic Crisis&quot;<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/where-the-wild-things-are-mauldin-2009-11\">The Fed Is Bailing Out Every Bank In The World<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/sUkOvi3hKEk\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; John Mauldin, President, Millennium Wave Advisors, LLC (4 min) We&#8217;re borrowing ourselves to death But government spending doesn&#8217;t fix anything&#8211;investments must be made in the private sector in order to create jobs The U.S. will not reach a $2 trillion deficit&#8211;because government will raise taxes and cut spending before that happens.&nbsp; These moves [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-69041","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/69041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=69041"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/69041\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=69041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=69041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=69041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}