Big government is the casino where pols gamble with your money – and you're losing

The U.S. government spends more than $6 trillion per year (it spent just under $4 trillion in 2017) and only has so many choices to finance its spending. That will come from you.

Carol Roth is a former investment banker, entrepreneur and author of the new book "You Will Own Nothing" Broadside Books. Her previous books are "The War on Small Business" and the New York Times bestseller "The Entrepreneur Equation."

The Treasury market is seeing the 10-year yield near 5% and sending worries across the financial system. Real disposable personal income is down and defaults on credit cards and autos are rising. The geopolitical backdrop is looking to become even more of a mess, one that will likely become increasingly dangerous and expensive for the U.S. 

And there’s no credible end or curtailment in sight to spending.