Graham Stephan usually gives good advice, but I think he underestimates the severity of the problem in this video.

After WW11 we had a big debt but we were able to quickly reduce it when the war ended.

Now we have a similar debt, but the causes are different. Now we can't just “end the war” to reduce spending and get out of debt. Now we are in a big mess with no easy way out.

Now we have:

• No “event” that ends and resets spending
• Aging population
• Rising healthcare and Social Security costs
• Interest payments exploding
• Political gridlock preventing reforms