Are We Facing the END of the US Dollar? Must Watch!

The US has over $35.8 trillion in debt. This is an insane number, and it’s a number that’s only going up. As a… not-so-fun bonus fact, the world has roughly $72.7 trillion in debt, meaning that the US alone accounts for almost half of the global debt level. Crazy stuff.

Naturally, this raises a few questions. Can the US repay its debt? More importantly, what happens if it can’t repay its debt, and goes into default? The answers to these questions are about as scary as you’d imagine. A US government debt default would not only cripple the US economy, but it would also send shockwaves around the entire global economy.

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📺 Essential Videos 📺

Debt Ceiling Explained 👉 Will the United States Default!? Debt Ceiling Explained!!
US Bond Vigilante 👉 They’re CONTROLLING The Government!! Know This!!

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⛓️ 🔗 Useful Links 🔗 ⛓️

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- TIMESTAMPS -
0:00 Introduction to U.S. Debt Crisis
0:37 Debt Default Explained: What It Really Means
3:34 Global Impact: What Happens if the U.S. Defaults on Debt?
7:07 Rising Concerns Over U.S. National Debt
10:27 Potential Solutions to Prevent a U.S. Default
14:10 Who is Buying U.S. Debt? Key Foreign Investors
16:29 Market Crash: How a Debt Default Could Impact Investments
19:20 Conclusion and Next Steps for the U.S. Economy

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#usdebt #debtcrisis #unitedstates

[louisahernandez]

The U.S. debt crisis is a topic that stirs up a lot of questions—and for good reason. If the United States were to default on its debt, the impact would be felt globally, not just within America. The U.S. Treasury securities are considered one of the safest assets, so a default would shake confidence in the entire financial system.

[mydressmemos]

Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420, 000 losing value because of high inflation. Where else can we keep our money?

[tammystut]

Our debt load is rapidly growing. The government can either default, pay it back through massive austerity/reduction in annual deficit spending, or inflate it away. I bet it will inflate by printing more US dollars to service it. So buckle up, retirees!

[davidwebb]

Government spending is the problem. Too many $10, 000 hammers, $20, 000 toilets seats being bought…

[jw-zg]

I believe the US has defaulted on it's debt before. More than once. They just don't like to call it that... removal of the convertibility of dollars for gold was a defacto default.

[Helen_white]

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...

[oneillbilder]

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.

[darrenwho]

History tells us how this ends. We all know its coming. The question is when.

[STEVEHITTER]

Pretty sure the sneeze at around 5:47 had a "dca into qnt" hidden somewhere in there🤧 bless you....

[_Girl]

Hello Guy, Thank you for all you do. I enjoy and appreciate you and Nick :)

[jermainemyrn]

An issuer of currency will never default

[DonaldStokes-p]

Since the debt crisis could unleash carnage on the stock market leading to economic downturns. We need to be prepared for potential market volatility. how can I secure my $80K stock portfolio against declining?

[FireTheHoker]

The u.s. has defaulted on it's debt before, in the 70s when they moved away from the gold standard and their currency became worthless.

[KEISENBERG]

Ceilings can get much, much higher yet 😂 An endless ceiling, until they're all living in a wobbly skyscraper of debt 😂

[ecologitex]

You guys at the Bureau have truly improved my understanding and enjoyment! I love how you explained perennial inflation, emphasizing the erosion of the buying power of money in the context of the world reserve currency and bonds, rather than focusing solely on domestic perspectives of inflation.

[killzoomer]

Thx Guy! Keep up the great work in this channel! 💯

[casienwhey]

Guy, just to clarify one item. The US has defaulted before. We defaulted in 1971 when Nixon closed the gold window. That was absolutely a default because the US had made a commitment under the Bretton Woods Agreement to make dollars convertible into gold upon request from foreign countries. When too many of them wanted the gold and not the dollars, Nixon bailed on the commitment.

[theSTUNTHAMSTER]

Your wrong Guy, taxes do not pay for anything. Spending comes before taxing not the other way around. The main use for taxes is to remove the money that is spent into existence by the government thus controlling inflation.

[thomasarchambault]

36 Trillion Dollars now. It’s like jumping off the tallest building in the world, believing that you can pull off a survivable landing.

[FranticRock]

Anyone who says America can default on its debt doesn’t understand the simple fact that they issue the currency which that debt is denominated in. They can issue more of that currency. Can we have hyperinflation? Yes…. But the default happens through inflation not through any single default event…..