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The US has a debt problem. It has grown its debt far faster than the national income for decades.

Over time, this has ballooned the annual fees in interest that the US must pay to service its debt. And the recent sharp increase in interest rates is only making these debt service payments more onerous.

To add insult to injury, America has once again hit the limit of its debt ceiling. Until that get raised — which we all know will require months of political theatre — the situation will only become more dire.

What will the repercussions be? How are things likely to get resolved? And what impact will it all have on the markets?

To answers these questions, we welcome market analyst Gordon Long back to the program.

The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.

While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as official investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor.

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