So, let's take a look at some of these numbers and see if they really do support Schiff's claim. For example, the US national debt has ballooned to over $23 trillion - that's a pretty staggering number, and it's only getting bigger. It's like trying to pay off a huge credit card bill, but instead of just paying interest, you're adding more and more to the principal every month.
And then there's the issue of wage stagnation. Even though the economy is supposedly booming, wages aren't keeping up with inflation, which means that people are actually earning less money in real terms. It's like running on a treadmill and getting nowhere - you're putting in the effort, but you're not actually getting ahead.
But what about the stock market, you might ask? Isn't it doing great, with the Dow Jones and S&P 500 at all-time highs? Well, yes and no - while the market may be doing well, it's also due for a correction, and when that happens, it could be ugly. It's like a big game of Jenga - everything looks fine until you pull out the wrong block, and then the whole thing comes crashing down.
