How Foreign Policy, War Spending & Debt Impact Your Money

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Hey, Chris, how come you cover so much foreign policy and all this historic stuff on your program? Do you understand? Do you understand how much more important foreign policy is, public policy, government spending is, what it matters to your portfolio rather than the jobs numbers this month or the nonsense that they’re pushing you? Honestly, people, it’s a hell of a lot.

I want to take everybody back in time a little bit. We’re going to go back, we’re going go back a turn of the century, not far after we had a horrific event take place. It’s been 25 years this year, 9-11. 9-11 most certainly changed things. I don’t know if something snapped in George W. Bush’s mind. He ran a very

different type of campaign and attitude rather than what he ended up enacting and what he ended up doing. But anyway, neither here nor there. I lived in New York City, 9-11, and again, hard to explain. It really was the surreal situation. And again, you wanna go back, people around remember how the news media covered it, all of the things that were taking place. Anyway, let’s put that aside.

One of the things that really struck me, and I’ll never forget it, never forget it, is that we’re gearing up and George Bush is down there and he gives a speech down from ground zero and they’re gonna hear from us soon and I’m paraphrasing and then we go to war in Afghanistan and then all of sudden the goalposts start moving and we start.

talking about rather than, you know, just getting rid of Al Qaeda. We are going to change things in Afghanistan. He gives a State of the Union address that is very much Team America, World Police. We’re, you know, we’re planting a flag here, there and everywhere. He comes out and he’s telling people time to said, you know, go out there and spend, go out there and do this and do that. You know, and I’m thinking to myself.

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I said, you know, we as a nation, if we’re going to engage, we’re gonna engage in wars. Shouldn’t we go to the American people and have them participate? Rather than put the nation further into debt, why not go to the American people and say, why don’t you sell war bonds? Something else, okay, in regards to funding.

these various different invasions and they obviously moved on to Iraq and we were sold a bill of goods there and bada boom bada bang all of a sudden we are trillions of dollars in over ahead. I want to remind everybody, okay, we were running budget surpluses at the end of Bill Clinton’s running out of office. We were running budget surpluses, people. Completely different frame of reference. Now, the reason why

We’re in the situation we’re in, the reason why we have inflation, the reason why, again, your dollar’s not going as far. We talked about this past 30 years, you’ve lost 54, 55 % of your buying power is not economic factors, if you will, it’s military adventures and us living beyond our means and

you know, we’re told that we have to continue to do the same.

It’s a rocket ship for more and more spending. am current president of the United States, which I thought was gonna pull away from much of this, want to spend $1.5 trillion next year on defense. Now, why does this matter? Why will this thing matter to your portfolio? Well, we at Markowski Invest, we saw this.

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We’re watching this. We commented on this. We talked about this on a regular basis on the program. We warned people about this. And we had to change our strategy and outlook for people’s money. Go back to the 1990s, like I said. Yeah, you know what? funny thing, 10 year was paying a higher rate than it was now. But you could have a million bucks put away.

And you know, you buy government bonds, municipal bonds, and guess what? I mean, you could live off of it. You could live off the interest that you were getting. That’s not the case anymore by any stretch of the imagination. And, you we talked about this. We talked about the 60-40 portfolio and this idea that was pushed by Wal-Hair, 60 % stocks, 40 % but no, no, it’s not enough.

And it’s still not enough.

And we’ve got other spending issues that are coming down the pike when it comes to entitlements. I don’t know what’s going to happen in 2032. I really don’t. Again, government, our government is trying to raise revenues without actually think, you know, trying to let on that they’re raising revenues. Tariffs is that’s again, it’s a tax on us.

It is a tax on us. There’s no doubt about the fact that it’s a tax on us, but it’s not, you’re not recognizing it as a tax on us. I’ve talked about here on the program, the fact that we’re a perpetual state of paying taxes. There’s a myriad of different embedded taxes and so many things that we purchase, use or buy. Take a look at your cell phone bill. You see your cell phone bill, you pay the bill, you’re not looking at all the various different light items and other things that you’re paying for and fees and government this and government that.

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What’s all tariff is? So government come say, hey, you know what, we’re lowering, you know, we’re lowering your tax rate here, or we’re going to keep it the same as it has been. But again, they’re finding another way to raise money off us because they have no choice. What’s going to happen in 2032? I don’t know.

I don’t know how well that’s gonna fly over with these politicians all of a sudden saying, hey, you know what? We’re gonna start cutting everybody’s social security check by 25%. So again, all of these things, all these things, they’re not black swan events. They’re not. They’re things that we have talked about here on the show, prepared people that we’ve been preparing my generation, Generation X, we’ve been saying for the past 30 years, do not count on social security.

I said, plain and simple. Okay. Pretend like you’re not going to get pretend like it doesn’t exist. If you get it or you get something, congratulations. Okay. Because all social security is that fight. It’s a tax. That’s all it comes out of your paycheck. It’s just another thematic. All of these things are taxes. All the money goes.

to the same damn place. It’s not saved, it’s not invested, nothing. Okay? So this is why you need to study foreign policy. This is why you have to study government spending, all of these things that are taking place in Washington DC, because it directly affects you and your wallet. Reason why we have inflation, the reason why your dollar doesn’t go as far is because of these things. It’s just that simple.

We cut back on spending, changed completely different ball of wax, but I don’t see that, I don’t see that changing anytime soon. Watchdogonwallstreet.com.