Jonathan Wellum: 'Debt Increasing By $1 Trillion, Every 100 Days'

Are we on the brink of an economic collapse? Jonathan Wellum of RockLinc Investment Partners says that the debt is getting completely out of control. Wellum says the debt is growing 'at an unsustainable rate, and that we're adding a trillion dollars every 100 days.  Join host James Connor as he interviews Jonathan Wellum, CEO of RockLinc Investment Partners. They'll discuss alarming debt crisis, the economic outlook for the U.S. and Canada, and what strategies you should consider to protect and grow your wealth in these uncertain times. TIMESTAMPS:0:00 - Introduction 0:45 - Jonathan Wellum’s Overview of the Economy 2:10 - U.S. Economic Uncertainty and Consumer Confidence 5:00 - Signs of Pressure on the U.S. Consumer 7:46 - Federal Debt Concerns 8:49 - The Impact of Trillion-Dollar Deficits 10:00 - Why Debt Levels Matter 11:21 - Investment Strategy: Balancing Risk and Opportunity 15:00 - The State of the Canadian Economy 17:37 - Effects of High Immigration and Policy Failures 19:39 - Government Spending and Its Impact 22:00 - Canadian Housing Market Outlook 25:00 - The Strain on Canadian Banks 27:00 - Stock Market Investment Strategies 28:04 - Sectors and Stocks to Watch 31:32 - Why Choose Royalty Companies 35:00 - Investing in Oil and Gas 37:06 - Avoiding Canadian Banks and Telcos 39:41 - Investment Challenges for Canadians 41:07 - Turning Around the Canadian Economy 42:52 - Closing Remarks and Contact Information Learn more about your ad choices. Visit megaphone.fm/adchoices