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The United States is about to face a debt crisis again. As the rate hikes continue, the national debt is about to breach the debt ceiling. This means either America digs itself deeper into debt or a default is coming. However, the debt is going to get too big to service and the bubble will pop. This could be the start of the Great Reset and you must prepare for this!
Learn more about the US national debt: https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/
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✅ Timestamps & Chapters:
0:00 The US Debt Is Soaring
3:24 A Debt Crisis Is Coming
6:21 The Dollar Is At Risk
8:49 Sponsor – Private Internet Access
10:05 The Deadly Consequences
12:16 Time Is Running Out
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39 Comments
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Well, downfall of US Dollar was propheted by lots of people, but it outlived them all so far.
Hegemony of dollar based on marine fleets of United States and their ability to put them in use.
If someone will crush the dollar, it is Saudis, if US will not attack and crush them for disobidience instead.
Let the world burn and US turn to Ash!!
From funding Ukraine alone we are spending billions of dollars per month so that debt ceiling is toast.
Will be very interesting if the debt ceiling is reached at the time of the midterm elections (timing seems about right). Imagine the Republicans threating a govt shutdown while people are deciding who to vote for.
If asset prices will crash, and the currency value inflates away, where do we store our wealth?
Toast is the right word for it. Just a matter of when. They will print until confidence in USD evaporates in an afternoon.
I guess then they will try the same bullshit with their new CBDC. Er, no thanks.
MMT bankrupt
Any country hosting US assets will begin seizing them. The US military has almost 800 bases stocked with weapons systems. That will all be up for grabs by host nations. The soldiers won't defend their bases since they won't be getting paid. The most powerful military the world has ever seen will be dismantled overnight.
What do you think will happen when the digital dollar will be introduced in 2 months?
With $8 billions every 5 minutes on indebted debt of $31 trillions.
You can't believe until you see USA debt clock, tickling like alarm clock which I used to have one.
The scary thing is there’s only a small part of the population than knows what’s about to happen.
Thanks for the update.
Is the dollar becoming the “reverse” currency??
Very informative video as usual, thanks for the work. I have some metals but they get heavy and it is a bit risky for me to hold. I hold real estate as a hard assets that also provides passive income.
This wouldn't have happened if Trump is still in office.
Let's go Brandon
Thank you for the insights Sean.
Definitely will raise the debt ceiling !! No way out.
Thanks Sean for your work. You’re right about keeping physical gold/ silver. I remember when the Vietnamese arrived by the boat loads on the shore of Malaysia, they came with gold. My parents having lived through WW2 , had experienced how paper money of the day turned to trash when the Japanese arrived. When the Japanese left, the paper currency of the day again turned to trash. They didn’t trust banks or paper money much as a result. They bought gold whenever they had money and pawned it in times of need and redeemed it later. When we kids were adults, they gave us the gold. That was the practise those days long ago. I think it’s wise to restart that habit of old.
Keep up your good work Sean. Really appreciate it.
Sean you're the truth! Very valuable information. Thanks
do you think when it will happen ??? in your opinion.
The collapse of The United States is imminent! It is scarier than the scariest movie you have ever seen!
The uncertain state of the world today is the result of the Globalist Agenda that regulates who should be rich, who should fight and who should be poor and their main enemy is Islam because for them a system based on the caliphate that unites all the Islamic world will not be allowed at all.
You guys are worried about economics little do y’all know we’re in an economic world war
America has no intention of paying back their debts. Just more spending and cancel the debts by financing wars against their creditors lol
"It's NOt bitcoin going to the moon..it'S national debt!"" !!!!!! tHAT GOT ME! YOU DIALOGUES ARE truthful are so epic@!!
Thats why they want war! Best way to produce production and also kill off more middle class!
woah 40k sub and climbing nice
I feel this is mere histrionics. here is some perspective: As a share of the economy, net interest will reach a record 3.3 percent of GDP by 2032, surpassing the prior record of 3.2 percent of GDP set in 1991.
Usa will never default end game will be Hyperinflation or Melt up!!! There s no difference between Us and Zimbabwe economy , only thing that makes difference between Zimbabwe and Us is the convertibility of Us dollar
The FED is not afraid. FED thinks that it can always just hike its interest! Any problem , just raise interest rate and the USD will keep getting stronger
US debt default or China debt default? Who's first?…
I am in the US. They will raise the debt ceiling. The politics of it all will assure it.
Thats why the USA believing in the Atomic Bomb
Japan and China are dumping the US debt. That is 33% of the total of the US debt. The US cannot print money fast enough and even if they do it’s worthless. Move you money to Yuan. Mark my words
USA is trying desperately to hide its economic disaster by printing off another $2 TRILLION on top of its already $32 TRILLION debt it has (they are spending the money of their Children and their Grand Children). This is basically USD's that USA can NOT back up.
This is why Countries are dropping the Petrodollar and turning to other money exchange systems. At least with China's currency, you have back up with China's manufactured and production commodities that Human Beings around the World need … or Russia's currency, you have back up of Energy resources (Petrol, Gas, Oil).
The US government will never default. They can always keep raising the debt ceiling and borrow more to repay interest. Biden can also issue an executive order to allow the Fed to print money to buy government treasuries so that the government has money to repay their debt.
Uncle Sam can never default surely? They will just print until the end of time. USD is backed by the US military.
The so-called "debt" is not the real story – tell everyone about the $172,000,000,000,000 in unfunded liabilities that will never be paid, or the Social security that is $22 trillion in the hole, or medicare that is $34 trillion in the hole, or most important: debt to GDP is currently at 140% – the only GDP that is DEcreasing.
They will raise the debt ceiling to buy them time till the 2024 election. Trump plans to run again. He will win. Then BOOOM! They’ve been doing this to each other since 1971. Kicking the can cause they know they will lose the next election.