In this episode, Jerry clears up a mix-up from the last release (where the wrong audio played about gold instead of bonds) and dives into the U.S. debt ceiling and how it ties directly into bonds and credit ratings. Jerry explains the debt ceiling in everyday terms—like paying off a credit card—and why a U.S. default would affect ordinary people, including Social Security recipients. He then connects this to bond investing, showing how credit ratings work for both individuals and countries, w...