We break down John Oliver’s recent HBO video dismissing the importance of the National Debt. We discuss good debt vs bad debt, the morality of government debt, and the responsibility vs. irresponsibility of both personal and government debt. We also get into the book The Richest Man in Babylon and a number of good personal finance lessons. Finally, we discuss government debt in our local Poway Unified School District.
#NationalDebt #JohnOliver #RichestManinBabylon
John Oliver on the US national debt: ‘I actually have some good news for you’
The National Debt: Last Week Tonight with John Oliver (HBO video):
Yellen calls for minimum global corporate income tax.
Richest Man in Babylon by George Clason (on Amazon):
Where Borrowing $105 Million Will Cost $1 Billion: Poway Schools
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