Mailbag: Debt Becomes Us

A reader asks if anyone understands debt anymore... [Total Wealth] BROUGHT TO YOU BY MANWARD PRESS Mailbag: Debt Becomes Us SPONSORED [The David to Nvidia's Goliath: Tiny Startup Solving AI's Biggest Challenge]( [CPU concept]( While Nvidia grabs the headlines, a little-known company is quietly reshaping the AI landscape. Their cutting-edge technology is tackling the biggest bottleneck in AI adoption, attracting customers like Intel, AMD, Microsoft, and more. As the AI boom accelerates, this tiny startup could be the ultimate winner. [Get in early on the AI revolution's best-kept secret.]( [Shah Gilani] Shah Gilani Chief Investment Strategist U.S. government debt stands at more than $35 trillion. Total household debt clocks in at nearly $18 trillion... or $104,000 per household. [As I said last week](... big numbers like can lose all meaning. As an astute reader asked... Does the "average" consumer even understand debt anymore? I think there is a mental correlation between the national debt and personal debt. If politicians don't care about debt - why should I, until of course one's personal debt actually hits a point that it hurts. - Subscriber Don D. Don raises some very important points about the relationship between national and personal debt, and the broader implications for the economy. Most consumers likely don't understand or think about what we as a nation owe other countries. While they can feel the direct effects of their own debt - like credit card bills or student loans - the national debt feels more abstract. This disconnect leads to a lack of urgency or concern about larger fiscal issues. SPONSORED [The Final Piece of Nvidia's AI Puzzle]( [Missing piece of jigsaw puzzle]( Nvidia's Blackwell chip is set to redefine artificial intelligence, but it can't reach its full potential without one crucial component. That's where this secretive startup comes in. Their technology is the backbone of Blackwell's success, and as Nvidia aims for global AI dominance, this little-known company could be the key to unlocking untold riches. [Discover the hidden link in the AI supply chain.]( When politicians prioritize spending without dealing with debt, it sends a signal that it's ok to ignore fiscal responsibility everywhere else. But when debt does reach a breaking point - it could lead to significant consequences for everyone, including job losses and a reduction in public services. We're headed there already... The U.S. Treasury must issue more debt to refinance its maturing debt and fund ongoing government operations. The Fed is also trying to reduce its balance sheet, which holds $7.12 trillion of assets. Someone needs to buy that debt... and rates need to stay high for that debt to be attractive. And that makes it more expensive for individuals and businesses to secure loans or mortgages. High interest rates can slow down economic growth, as both consumers and businesses cut back on spending and investment. SPONSORED [The Mysterious VC Firm Behind Nvidia's Secret Weapon]( [Businessman in black suit]( In 1999, Sutter Hill Ventures made a bold bet on Nvidia before anyone had heard of it. Now, they're going all-in on Nvidia's hush-hush partner that's powering their new Blackwell chip. Discover the little-known company that's attracting massive investments from the visionaries behind Nvidia's 100,000% rise. [Unlock the hidden key to AI's future.]( Debt levels are manageable now, partly because the Treasury's been dramatically increasing its issuance of short-term, low interest T-Bills to affect refinancings. But the long-term sustainability remains in question, especially with rising commitments for Social Security and Medicare. Ultimately, while the average consumer might not connect their financial situation with national fiscal health, the two are connected. Until there's a broader understanding and education around these issues, people will remain complacent... which could lead to more severe repercussions down the line. The challenge lies in fostering awareness and encouraging a culture of fiscal responsibility, both at the personal and national levels, to mitigate the risks associated with escalating debt. Good luck with that. Cheers, Shah Want more content like this? [YES]( [NO]( Shah Gilani Shah Gilani is the Chief Investment Strategist of Manward Press. Shah is a sought-after market commentator... a former hedge fund manager... and a veteran of the Chicago Board Options Exchange. He ran the futures and options division at the largest retail bank in Britain... and called the implosion of U.S. financial markets (AND the mega bull run that followed). Now at the helm of Manward, Shah is focused tightly on one goal: to do his part to make subscribers wealthier, happier, and freer. You are receiving this email because you subscribed to Total Wealth. To unsubscribe from Total Wealth, [click here](. Need help with your account? [Click here](. Have a question or comment for the editor? [Click here](mailto:mailbag@manwardpress.com). Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Manward Press | Attn: Member Services | [14 West Mount Vernon Place | Baltimore, MD 21201](#) North America: [1.800.682.5210](#) | International: [+1.443.353.4263](#) [Website]( | [Privacy Policy]( Keep the emails you value from falling into your spam folder. [Whitelist Total Wealth](. © 2024 Manward Press, LLC | All Rights Reserved Nothing published by Manward Press, LLC should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by Manward Press, LLC should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Manward Press, LLC, 14 West Mount Vernon Place, Baltimore, MD 21201.