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Dan Bongino

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
56628 total appearances

Appearances Over Time

Podcast Appearances

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

And I want you to pay attention to this.

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

This is important.

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

Our government debt, both on and kind of off the books when it comes to entitlements, at our current GDP, we are de facto bankrupt.

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

At our current GDP levels.

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

We're never going to be able to pay it off.

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

Elon's correct with the math.

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

But he brings up an interesting point I've discussed with you many times.

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

I hope you remember.

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

that if we can bump our GDP growth up and give ourselves a national raise,

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

We can grow our way out of this.

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

Now it's not so much a race against the numbers, it's a race against time.

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

We have to get to this AI quantum revolution where we get to huge growth rates before that day of reckoning comes and people start to call into debt.

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

Here's Elon explaining exactly this point.

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

Check this out.

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

I want to just use a quick analogy on this.

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

If you were to buy a house and go into debt, like the United States is in debt, and the mortgage payments, you can only afford the interest payments every month, and then you start falling behind on that, the interest gets piled into the principal, which becomes additive as interest payments start to pile up because the interest is being added back to the principal.

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

You will never, ever be able to pay that house off unless what happens?

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

Unless you get a massive raise.

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

Elon is correct.

The Dan Bongino Show
Horrific Video Out Of Florida (Ep. 2490)

AI, quantum, massive growth productivity effects of that, which you're going to start to see filter into the economy.