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Bernie Sanders wants to give ex-convicts $10B to grow marijuana

Senator Sanders unveiled yesterday, should he become president, that he would legalize marijuana across the country during his first 100 days in office by executive order. Veronica Dagher, Wall Street Journal’s Wealth reporter and host of WSJ “Secrets of Wealthy Women” podcast”, along with Yahoo Finance’s Emily McCormick, joins Zack Guzman on YFi PM to discuss. …read more […]

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How Will We Deal With All the Debt?

Most people seem to accept the fact that debt is piling up in an unsustainable way.
The federal government’s deficit for 2019 should come in around $1 trillion. That’s the equivalent of about 5.1% of our gross domestic product (GDP). And it will push the total federal debt to more than $22 trillion.
So we’re 10 years into this bull market, yet we’re annually adding debt equal to 5% of the entire economy. That’s crazy.
What will happen during the next recession? The deficit could easily climb to $2 trillion or $3 trillion. We currently pay around $500 billion in interest on that …read more […]