Another Money Show

← Another Money Show21 Aug · 56 min

Arizona Water, $40 Trillion Debt & Preparing for What’s Next

Arizona Water, $40 Trillion Debt & Preparing for What’s Next21 Aug56 min

This week on Another Money Show, J.R. and Anthony welcome back water expert Mark Burr for another wide-ranging conversation about one of Arizona’s biggest long-term concerns – water!

Mark challenges the conventional narrative surrounding water scarcity in Arizona and discusses claims that the state may have significantly more groundwater beneath its surface than many people realize. The conversation explores Arizona’s reliance on Colorado River water, groundwater resources, state and federal lands, existing water infrastructure, potential changes to water policy and why Mark believes Arizonans should be asking more questions about the state’s long-term water strategy.

J.R. and Anthony also continue the show's Desert Storm trading card hunt. Saddam Hussein remains elusive, but this week's pack produces General Norman Schwarzkopf — and, somehow, another George H.W. Bush.

Then the conversation turns to another historic milestone: the U.S. national debt crossing $40 trillion. J.R. and Anthony compare today's debt with roughly $21.3 trillion in 2018 and $5.5 trillion in 1998, discuss debt relative to the size of the U.S. economy and debate a simple but important question: At what point does the growing national debt start to matter?

The discussion expands into government spending, interest rates, the financial system, artificial intelligence, geopolitical uncertainty and other changes J.R. believes could have significant consequences in the years ahead.

With so many large and complicated issues competing for attention, the show closes with a more practical message: don't simply get scared and do nothing. Ask questions, prepare where you can and take manageable steps to protect your financial future.

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About Another Money Show:We’re your hosts, J.R. and Anthony. We want our listeners to be informed of not only the standard rules for investing but how to invest based on the uncertain world around us. We want our listeners to be prepared – not scared. Being aware of potential pitfalls allow our listeners to be proactive in their finances, not reactive!