Insight - Aug. 2nd, 2023
Insight
•
02-Aug-2023
Today on Insight, Josh Rosenstern discusses the current situation of US debt and how treasuries, that is the buying of US treasuries gives money to the government in an IOU system. Bother Josh explains how these are paid back with interest. Just as we see individually a higher credit score will help in the lending process, loans for the government are similar, and the US credit rating is important. Brother Josh explains how the US credit score has dropped since Congress warned Americans that the US is on watch because of the looming doom of the US potentially running out of money. Raising the debt ceiling prevents the doom, for now, but results in even more spending, only adding to our mounting debt.
Up Next in Insight
-
Insight - May 20th, 2024
Today on Insight, John and Josh Rosenstern discuss the weekend death of Iranian President Raisi who died in a weather related helicopter crash along with the death of the Iranian Foreign Minister. Israel was not involved. The Rosenstern’s go on to explain the Iranian Democracy and how the Ayato...
-
Insight - Aug. 7th, 2020
Today on Insight, John and Josh Rosenstern discuss the Beirut explosion that occurred earlier in the week, killing some 150 people, injuring 5-thousand, and forcing some 300-thousand to be homeless. Brother Josh says it is very possible this was an accidental explosion of a very dangerous amount...
-
Insight - Aug. 5th, 2022
Today on Insight, John and Josh Rosenstern discuss a voice rising up among the Palestinian people in the Middle East. The voice is requesting an election within the Palestinian Authority, as elections have been postponed there for some twenty years, since President Mahmoud Abbas replaced Yasser ...
