The US Debt Crisis END GAME (Here's How It'll Play Out)

[DorathyJoy]

The US economy cannot survive without continuous credit and debt creation. The FED will print more money and the average American will go just that much further in debt. Meanwhile, foreigners lust for the greenback. Their economies are in worse condition than the US... if that's even possible. Someone is going to be left holding the bag...

[Riggsnic_co]

Invest judiciously, keep a stop loss figure. Shuffle between debt and equity wherever the ratio goes too off your target. As for the target, I recommend a Ratio like this Debt % should be equal to your age in years. If you are 20, debt is 20%, reset in equity. If the market falls or rises drastically, your debt % will change, which you should rebalance to 20% and bring back equity to 80%. Thus you would have bought low or booked profit depending on if it was a crash or a bull run.

[ElectricIguana]

As a financially responsible drunken sailor, I cannot express how tiresome the comparison to government spending has become.

[KeenlyJohnas]

You can look into history how it usual ends - civil unrest, civil war, uprisings, revolutions, countries breaking up, etc…once rich become insanely rich, and the mid class vanishes - it’s all downhill.

[farmerdude]

Many things can go wrong with a debt crisis. When the wealth affects turns up people could go crazy. The whole thing could get ugly real fast.

[Frankjacob]

The U.S. economy relies on ongoing credit and debt generation for sustenance. The Federal Reserve is expected to increase the money supply, leading to further debt accumulation for the average American. Meanwhile, foreign nations continue to desire the U.S. dollar, despite their own economies facing significant challenges, some even worse than that of the U.S. This situation raises concerns about who will ultimately bear the consequences of these economic dynamics.

[Markbush]

The US dollar has reached the end of its life cycle just as every other fiat currency in history. Gold and silver are the best store of value - don't buy it to get rich buy it to preserve your wealth. I love Greg he tells it like it is.

[kendavis]

George, I'm old enough to remember someone (a Senator as I recall, though not his name) saying "A $Billion here, a $Billion there . . . pretty soon you are talking about REAL money!"
Now those are rounding errors.
Keynes was not actually even an economist. He was a gadfly who somehow became influential, while having no basic understanding of actual economies. As a fellow trained circa 1980 in a degree in Economics, and being "indoctrinated" into Keynesian models, even as an undergrad I understood that it was bullshit. I've been largely of the Austrian School since that time (with a few nuances that one gains as one gets older.)
We live in stupid economic times, and literally I believe that the folks in "control" are trying to grift every last cent out of the system before it collapses.

[persius-tm]

The Government spending is a huge problem 😮

[lawerencemiller]

Given reduced inflation signals and as the Federal Reserve has halted rate hikes, what are the best additions for a $500K portfolio to enhance the overall performance of my portfolio this year

[SamMiller-xf]

I think Mr. Ray Dalio nailed it. It's "Lifecycle Of Empire"! Thanks Ray.

[arashgmz]

Your YouTube channel is more knowledgeable than most business schools in the country.

[richhands]

My three favorite channels: George Gammon, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥

[maxwellOk]

America is presently besieged by the hydra-headed evil combo of inflation and recession. The worst aspect about this crisis is that consumers are piling up credit card debt. Credit card debt increased by 20% in April alone, while interest rates have doubled in a year. Inflation is so severe that customers are essentially going into debt to buy basic essentials. The collapse has certainly begun.

[propheticpig]

Wrong, the Bank of International settlement in Basel Switzerland says there is about 80 trillion dollars of hidden US debt tied up in the derivatives market, in addition to the 34 trillion George mentioned.

[Robertgriffinne]

This seems like the worst period.Even the markets are very unpredictable.started investing recently when the market prices were a bit high, today i am more than 60% down

[edna.Chavis]

*The govt folks don't care about the recessions or inflations of the country, it's you being adamant to the strategies of survival of the nation investments are the only way out of this treacherous economy Trade wisely not supermly 😶‍🌫️ They're no poverty insurances*

[rodgertim]

Most people miss it but the secret to retiring comfortably is finding a way to make returns while your money works for you. My Dad, as i remember started saving for retirement quite late but I know he was making more than 10k returns from his investments monthly and it was completely passive.

[willnitschke]

It will play out by the Fed monetising the debt with inflation staying elevated indefinitely.

[Eric_moore]

The sustenance of the U.S. economy hinges on continuous credit and debt generation. The Federal Reserve's anticipated expansion of the money supply is likely to contribute to additional debt accumulation among average Americans. Concurrently, foreign nations maintain a strong demand for the U.S. dollar, notwithstanding challenges in their own economies, some of which may surpass those faced by the U.S. This scenario prompts concerns about who will ultimately shoulder the repercussions of these economic dynamics.