6 April 2025
Here is this week’s update from Dr. Matt:
Geo-Politics:
Tariffs. WHY?
This is not just about protectionism and trying to reset the infrastructure of jobs in the USA… there is much more to it.
You see, of the near $37 trillion in national debt, $6.5 trillion is due by June.
By paying a lower interest rate (each one one-hundredth of a percent costs $1 billion – called a basis point), the refinancing timing of the rates is critical...
The Stock Market Watch:
The stock markets are now at a 20% drop over their peaks in the last three months... most recessions are 25 to 40%...
Metals/Crypto Market Watch:
With sanity being restored, metals dropped back to their (proper) floor in the last few days...
Other News:
The EU continues to hold fast (and grow) policies that are NOT USA friendly...
The Usual Metrics (Layoff Tracker, Bank Health, Debt Clock, Inversion Chart, & CBDC’s gone LIVE):
March showed a serious climb in new unemployment claims nationally...
What Would I Do About All This?
(This is NOT financial advice, but it is what we did in our house…)
There is no better time than now to try to get out of debt.
Visit www.daveramsey.com for a plan.
If you need, just reply back and I can guide you.
We got out of debt using a slight variation of Dave’s plan. But for the most part, we followed it pretty closely.
We paid off highest interest rates first (instead of the lowest balances first).
The more cash you can free up AFTER debt is paid, then you can ‘go shopping’ for bargains right after the drop happens.
Based on what we’ve seen the last couple weeks; this could be your last chance to buy some physical silver or gold before their prices spike up.
