How Does the U.S. Get Out of $40 TRILLION In Debt!?!

Question of the day. How does the US dig out of 40 trillion in debt? There are only four ways here from best outcome to worst. First, growth in tax receipts. This is what the administration's promising. Rapid economic growth leads to higher tax receipts and thus lower debt. Optimistic. Second, cut spending. Reduce spending on social programs. Now, the risk here is it's folks' hands, thus leading to lower tax receipts. We'll see. Third, inflate. Inflate our way out of it, simply paying down our debt with a less valuable currency. This is probably the most likely. And the fourth, default. This would be catastrophe if the US doesn't pay its promised debt obligations to its debt holders. The whole global economy is in complete disarray. Grow, cut, inflate, default. The only four $40 trillion in debt. Now, if you want to know which one the market thinks is coming, keep an eye on the bond market, interest rates and gold prices. Hit follow for daily education on markets and the global economy.