The United States has reached a debt ceiling deal in principle, but the details are shocking. While the US bond markets won’t implode yet, government spending is still going to skyrocket. When we reach 2025, this will make any potential default even bigger with even greater inflation coming down the road. Here’s what you must know!
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✅ Timestamps & Chapters:
0:00 Debt Ceiling Deal Reached
2:19 Good News For Treasuries But…
4:14 Banking Crisis Aftershock
6:45 Inflation Nightmare Coming
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45 Comments
Same 💩, different world. Love the Hotel California mondegreens to make the point.
The question is who is going to buy the bonds? and what happen if countries start selling bonds instead of buying them?
The US know that the day of reckoning will come and when that day comes it does not matter if the US is 32 trillion in debt or 100 trillion. Creditors will lose all their money and the US will start again with a clean slate. In the meantime, the US can live a life of luxury on borrowed money and borrowed time.
USA: "Buy our treasury bonds."
Third World Countries: "What will we get in return?"
USA: "You won't be punished."
this debt adjustment is the preparation for big war that the US is setting to create worldwide chaos to reset their debts just like what they did to WW2,.
So, time to book some profits from tech stocks?
US liabilities are insanely crazy .
Kicking of cans down the road will no longer works,the cans are fully dented after all this year's,dented cans hardly move.
We are worries kicking of bucket may emerges.
US always create enemies real or imaginary to justify Defence spending.
Unlimited money
The debt ceiling doesnt need increasing, government just need to spend within the bidget they have approx 4Tn after interest payments have been paid
USD =100yen 😂
They did it! Those elderly senile fools managed to get a deal to get the country deeper into debt.
Congratz everyone!!!!
Evil is what it is. The US government is heavily influenced by it, and that will not change. Do what you can to protect yourself and your wealth because the cockroaches in Washington DC intend to keep swinging the wrecking ball and spending us all into oblivion.
their cash balance is already over the “limit”
which margins in companies are above 6%?
Haha!
I lost my mind, keys, wallet and patience!
Ya ho ya ho ya ho…ya ho
Horey horey horey……
Should be plausible as it does help advoiding the world Economic chaos.
Is anyone of you would prefer for Economic catastrophe ????. Think about the food on the table for many in this world.
Ofcourse, it came in good news & sad news. Sad news is that , it is expected that defence spending would be up. Its ought to go down to mitigate the debts problems but it went the other way round . It seems spending on ' Destructive Economic ' that yields nothing continue to reign in .
Hopefully, the non defence discretional spending would be tackled hard to alleviate some debts problems else nothing change. I believe the discretional spending are rather high, infact extremely high in US . Hopefully the government could adjust in this respect.
Is a victory for everyone.
Russia is winning. Ukraine will need a ton of cash to survive. Numbers don't lie. The interest on the debt is death for sure and you have to be from another planet to think the USA is done with spending. Nothing has changed. Elections are coming.😆
My question is : are stocks still a good option for investment at this point in time? If so, why would it be?
Looks like $4 trillion added
That was fun, thanks for the laugh and the news as well.
The expected bandaid on a gushing wound.
They'll have no other options but to raise the debt ceiling again and again until it all comes crashing down.
Made sure the timeline went past the next election.
Europe will pay the price for this decision who still holds US bonds.
No worry Sean. Ultimately, they will just say "lets write off the Debt".😅
For US, once again business as usual 😅.
Worry about China's debt. Local government at $23 trillion, add the central government debt and China has more debt than U.S.
The US will keep lifting the debt ceiling into the future. It won't stop till something makes it impossible to continue. Be afraid of what this might be.
End of the middle class.
Insofar as the US dollar remains a reserve currency, the US government doesn't care about the debt ceiling because it knows only the idiotic governments around the world will be forced to pay a heavy price for the US debt.
The US definitely has a strong army
What a total farce.
Good analysing,maybe the price of gold will comedown a bit ,time to staking gold my friend 😁
Reuters is pronounced as "Roy-ter", not router as in your internet router.
Good, have time for Japan and China to slowly selling off their treasuries bonds.
Very soon, Powell will be doing yield control. Japan will be a fixed model for US footsteps down the road. Prepare now or face being poorer with currency debasement and monetisation.
Don't give bad advice. If there are a quarter million I won't make noise. The US is God Money the other side Is Human Money. Human Money and God Money are also controlled by CCP Christ Movement. So guys please wake up and prepare for his resurrection because it's been 30 Years since we got into the dumb Quantum Entanglement.
The US political class is delusional. The little macho man from Asia tells the truth better than anyone in the USainstream media.
Lights on nobody's at home. Buy gold😅
The MIC is like a tumor, keep on sucking the blood from the body and getting bigger and bigger.
To be honest, they are going nowhere and I am using Hammer to out a nail on it. Then we fix the problem by creative drawdown of investment. 15th June 2023 Malaysia Inform the Church cause the Gold has no basis to believe that it existed.
And the stock market will continue its artificial run higher!
Berkshire already helped us buy all since Freddie And Fanny debt it's smart economy that doesn't look at GDP that is distorted and we have less rich people.
LOAN IS INCOME. HaHaHa! Staring into HYPERINFLATION. Venezuela move over as NEW President of the BANKRUPT CLUB banging on the door! FIAT cars care gone long time ago. Now FIAT MONEY going, going gone! It's 🔠♿🆘. 🚮USD ⏳⏳⌛🌋🌋🌋
"The consequences of a default is unthinkable" that's why raising the debt ceiling was a predictable eventuality. The question is whether the Fed will actually drop rates before 2025 because of the potential flight to treasuries crushing the banks and markets generally; and the US not really wanting to pay the higher rates to foreign holders anyway. Recall it is low rate of borrowing that has been the actual engine of growth for the US. Oh, and plus its an election year next year.
Raising debt ceiling is like pouring disease into already infected diseased.Who cares..the next President worry.