The problem with the U.S. debt ceiling negotiations

Part 1: The problem with the U.S. #debtceiling negotiations. Stay tuned for part 2 on what the U.S. needs to do. #nationaldebt #principles #raydalio #shorts

[DarylUrbanski]

The problem is this is already known.
It's not incompetence, it's intentional.

[ryanmax-grappler]

I understand. It's like when my girlfriend kept using her credit card to buy stuff she couldn't afford and it kept piling up debt. She couldn't control herself and I wanted her to cut back and start paying it off. Bottom line: I am single agian

[AddilynTuffin]

I recently inherited almost $500k. I REALLY need to make this money work for me, and not just disappear over time. All roads have pointed to the equity market of some sort which is a good idea buh where else should I put money besides the equity/stock market?

[velayuthman]

Equity in a house will likely be tapped into via a HELOC or straight sale. I believe if they sell, many will go back to renting. And housing supply will inevitably rise. So you can borrow against your home. Do I just keep waiting for a housing crash with my $2 million in liquid assets or shift my attention to the stock market?

[foodshortsmanas]

Ray is like the grandpa everyone should have or at least a Yoda once in your life.

[theonewhoknocks]

we simply have too much unproductive debt. there is no way out without extreme pain

[SuperGamer]

If every dollar is spent like it supposed to there wouldn’t be debt.

[markabercromby]

Would love a video going more into the details of each scenario 🙌🏼

Thanks for sharing 👍🏼

[clubmoneymakinghumans]

They could sell those 40% of abandoned government buildings and sell the real estate

[quadcell]

The politicians did this, vote responsibly

[georgeklein]

Some people are saying that the only way to fix it is to burn it down. I agree! They are never going to cut spending unless they are forced to do it. If we wait and we end up with a debt crisis problem and social problem. It will be much worse.

[williamlowe]

Spending money that they don't have should be a crime!
How do you "fix" a politician from spending other people's money? Hold them accountable for every penny! Regular people are put into prison for misappropriation of funds. Politicians should be the first into prison and charged with treason. I don't care if they are state or federal level leaders.

[jaredcrenshaw]

Ray is right on.

The debt is the problem, but it's already done


There's no fixing it.

[waywardgeologist]

Why would our politicians stop using the credit card what they know they will never have to pay the bill.
This is equivalent to giving more alcohol to an alcoholic. Time for financial sobriety!

[patrickarthurs]

Well said, I agree that we need to stop spending money we don’t have.

[hattanali]

The US needs to liquidate more of its assets. Printing money will not keep you floating for long.

[Tomara]

Good morning Ray... somebody wise once said... 'Neither a lender nor a borrower be.'

[BlinDefender]

The US needs to stop giving huge tax breaks to people who don't need it. That would go a long what toward balancing things.

[Vikram]

I didn't understand what happens if debt ceiling is kept on increasing or if there is no debt ceiling at all ? Kindly clarify, thanks in advance

[jsera]

Too many politicians. That’s the problem.