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 2023
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Insight - Jul. 31st, 2023
Today on Insight, Josh Rosenstern discusses the current relationship between the United States and Israel, as the US is involving itself in relations between Israel and Saudi Arabia. Saudi Arabia is a big player in the Middle East with its wealth in oil and energy. Iran and Saudi Arabia are div...
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Insight - Jul. 26th, 2023
Today on Insight, Josh Rosenstern shares the history behind the Jewish recognition of Tisha B’Av, an annual fast day in Judaism. Today is seen as one of the saddest days in history for the Jews, because many sorrowful times came to the Jews on this date; two of such, were when the first and the ...
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Insight - Jul. 25th, 2023
Today on Insight, Josh Rosenstern discusses the protesting of tens of thousands clashing in the streets of Israel. This is significant because Israel is always under the microscope of other nations. This conflict puts Israel at a greater compromise, as many wish her harm and not good. The Word ...
