Warren Buffett & Charlie Munger: National Debt
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- Опубликовано: 15 окт 2024
- Warren Buffett and Charlie Munger discuss the national debt of the United States. From the 1995 Berkshire Hathaway annual meeting.
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Debt to GDP ratio then was ~60%.
In 2020 it is ~105%
interest rate is super low, keep sliding that credit card 🤘🏼
Yup
~107% now.
If you owe people the thing you can print. Why do you care how much debt you are in?
@@Stewiehleba inflation
Net national debt in 1995, when this was filmed,
Is significantly different than 2019.
In 2019, it’s much larger.
Superman 68 did you watch the video? If you did, you have comprehension issues.
Yeah you're really dull superman68 for writing this comment. You just aimlessly leave comments without watching videos dont you?
I don't understand why Brian Diaz and crosswire7777 are bagging on this comment. Superman 68 is exactly right. 2019 national debt is 100%+ of GDP compared to 60% or so in 1995....exactly what Buffett and Munger advised against. So it is different. It is larger both in absolute and in relative terms.
@@TheJeffMiller They are obviously uneducated ingnorant morons, looking for a fight, and have no care for the growth and improvement of the USA.
@@TheJeffMiller lol you two are so dull. You just focus on the numbers without any context behind what they mean. "If i had to look at one statistic it would be" and you stopped listening after that. Nevermind the rate at which its rising overtime, assets, or taxation, lets just focus on that simple statistic because we are simpletons. Here's some financial advice you can hold me accountable to: don't quit your day job, boys.
More videos . Related to Investing. Your videos are great. Keep going
Is anyone here fixated on the 60hz hum?
I just love how he thinks..
It is so out of the box, and creative
I like the way how you think 😂
Spending Habits = National Debt
Say Cheeseeeeee !!! Means you don't have good Spending Habits.
😂😂😂😌😌😌😂😂😂
Very interesting. Wish he explained more how the rapid increase in debt to gdp would “set things in motion” 🤔
Apropos of today…
This is 1995...the national debt now...
.. Since the advent of Reaganomics(1980)-- am I right?
Well, as of Thursday, January 28th, 2021, ~10:36 P.M., E.T., the United States debt is ~140% of its G.D.P. (i.e., ~$28 trillion debt, to ~$20 trillion G.D.P.). So, ...yeah.
Ur waiting with ur red jacket on❤❤🎉🎉
Now. U.S economy
73% debt
27% economy
He didn’t answer the second question
Brilliant
In May 2022 the ratio of government debt to GDP is now 123%. I would love to hear their thoughts on this now.
And now the debt to gdp ratio is disastrous 25 years later
Government debt is private sector surplus. Government spending goes somewhere. It goes everywhere in the economy. Why? Because the government issues currency. A government surplus means private sector debt. Aka NO GROWTH.
@6:15 100% what is happening
Sitting on the other side of the pond doesn't make it imp to beat me
What's NET national debt? Net of what assets?
Think he means per debt/gdp.
@@Gamenetreviews sounds like he's trying to call NPV of expected future tax revenue an asset. But then you should call NPV of expected future expenses (military, education, social programs etc.) an additional liability.
Hi is right kick the can down the road
Well Warren, this didn’t age well, four years ago, 60% of GDP and now what 130% of GDP?
The clip was uploaded four years ago, but it was actually recorded in 1995
@@jakubperiut7960 Still way off but predicting how quickly our government will devalue our currency and inflate our economy isn’t easy.
Ur blazer didn't help
Down tom❤❤🎉🎉
U scare me with the blazer look like a bollywood star
Debt-to-GDP ratio and how it's trending.
Always on my mind.
That's a little geekish!
Mine too.... It's the ratio that's important!
National debt is good for big government, big banks and ofcourse mega billionaires. Not so good for the rest.
Why do most of these people lie and are such cowards warren ❤❤🎉🎉 sad all of u ut dies show