What Happens To Your Debt When The Dollar Collapses

What happens to your debt when the dollar collapses? Will it be forgiven or repriced, and will you even be able to pay it back in the event of hyperinflation?

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this video, however makes no representations or warranties with
respect to the accuracy or completeness of its content. The contents
of this video should not be considered a substitute for
professional financial advice. Please consult a financial professional
before implementing any of the strategies described in
this video. The presenter shall not be held liable
for any loss of profit or any other financial damages, including
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damages.

[Beatricegove]

When the dollar gets weak, it could mean tough times ahead economically. I'm thinking about how to protect my money from inflation. Lately, I've heard a lot about Bitcoin. With its halving finished and ETFs approved, many folks expect its value to shoot past $100k. I've got $300k saved up, and I'm tempted to invest now. But I'm worried: Is it too late to make the most profit?

[AndrewCummings-dobz]

Gold is the money of Kings Silver is the money of Gentlemen Debt is the money of slaves.

[tonysilke]

If the dollar collapses don’t be fooled your debts doesn’t disappear, they add it back to the new currency or mode of barter. best advice get outta debt. make regular investments be debt free and financially stable

[ChristopherAbelman]

Withthe economy tumbling, Inflation Soaring, Is the stock market actually getting better or could this be the regular new year market manipulation to entice new investors? I'm currently sitting on $500k inheritance and just wondering what better assets than stocks to invest in right now

[CrystalJoy-]

With the economic difficulties the nation is currently facing in 2024, what plans can we put in place to support our income while we adjust to this time period? I'm determined not to see my $500K in savings disappear, especially after all the effort I've put into building them up.

[Baldwin]

Successful investing/trading is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

[MaxWell-ppzs]

A carefully chosen mix of assets can improve any financial situation. I started contributing to my IRA later in life, so I couldn't rely on compounding from ETFs alone. I researched and opted for an alternative strategy that led to a $1 million return in 3 years. I'm debt free and retiring with at least $5 million.

[Decline-America_Is_In_Trouble]

Dollar IS collapsing & so is Amerizuela. Just lost Petro Dollar too & it made almost no news. LMFAOOOO

[DanaWebb]

Debt can never be extinguished with debt instruments; it can only be discharged, which is why debt always increases because the interest is not put into circulation. Only gold and silver can extinguish debt. Since the whole system is a pyramid scheme, having a jubilee would make more sense. If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered. Thomas Jefferson

[MichaelBruderer-xxuv]

If the currency collapsed it would be total chaos and the last thing on everyone’s mind would be there debt

[zsfriml]

35 TRILLION IN NATIONAL DEBT AND 18 TRILLION IN CONSUMER DEBT ! Most will never be repaid !

[tylerreis]

I think paying back a car loan will be the least of peoples concerns when the dollar collapses.

[russcontact]

If the dollar collapses the last thing I’m worried about is personal debt. I think WW3 happens first

[Scottlong]

It feels the Govt are going to lose control this time. we are going to dirt level. On the brighter side I have to seek ways to stay on top of things, I wish to diversify my assets by investing in ETFs/index funds/mutual funds and stocks of corporations with stable cash flows. I received 350k from the selling of my El-Paso property. What should I do?

[maryistulsafox]

Over consumption on credit card debt I beg to differ. There are many people who did not have credit card debt until the necessities became unreasonably priced. I used to be able to pay off my credit card every month every week. Now I can't afford groceries. Over consumption my butt!!!

[weetaoneo]

Get Biden to forgive all debt before he get voted out 😂 what’s the worst that can happen?

[lucasanderson]

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks this year. Hope to make millions in 2024.

[maxwellstreetpolish]

People will revolt in the streets if the government "re-evaluates" currency.

[robstone]

Look what happened in Zimbabwe. As hyperinflation kicked in rentals increased and people paid their mortgages off within months and then sat back and reaped the income from property.

[zsfriml]

File Bankruptcy if you can't pay your BILLS ! It can save your house and car and wipe out your credit card debt ! call a Bankruptcy Attorney !