While it’s true that the public debt is the private sector surplus, there’s a problem in that the public debt is widely held while private surplus is concentrated in a very few hands. Essentially it’s a transfer of public wealth to private wealth.
They’re literally soft launching a Great Depression for us
The cinematography is hilarious, like I'm watching a finance-themed Avengers movie
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. So how exactly can we guard against the coming financial reset Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $310k stock portfolio.
Tariffs will increase costs of finished goods and components used throughout US manufacturing. This will be an immediate and huge hike in inflation. To fight inflation the Fed will have to hike interest rates which will be wonderful for the billionaires but possibly take away the middle class. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
As my man Gary Stevenson says “if you have a system where all the money goes to the rich, and you have no way of taxing that back, in the long run, you will bankrupt your government and your entire society”.
After listening to all the experts in this video, I've concluded that in order for a warning about government debt to be so spine-chilling that it spurs people to act, it MUST be delivered in a Northern Irish accent (the scariest of all accents, except maybe for South African). Liam Neeson will never get another Oscar nomination, but maybe he can win a Nobel Prize by terrifying western governments into being more responsible.
As every addict says: "I can get off the drugs any time I want."
We are debt slaves. We are paying debts from borrowing done in our names, without our consent for the most part. But rather than get a bill in the mail, the interest is built into every good and service we buy. We are the embodiment of debt because the cost is paid by the very lifeblood of the consumer, earned over a strictly limited time called a life. We live on a prison planet.
Debt isn’t just numbers on a balance sheet, it’s a mirror reflecting a society’s priorities, fears, and willingness to delay responsibility. This film nails that.
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.
Perhaps it is time governments tax those who benefited from debt being free and driving asset inflation?
For the most part, debt is the symptom of mankind’s deep wired belief that all problems will somehow disappear in the future.
I love this video because it's a solemn warning to governments around the world.
Amidst shifting economic tides, the Fed's early move on interest rates before hitting the 2% inflation mark signals a crucial turn for investors. This isn't just about stocks and bonds reacting; it's a ripe moment for crypto enthusiasts. As traditional markets recalibrate, the crypto world beckons with its promise of growth and diversification. It's a call to action for investors to rethink strategies and possibly ride the wave of change that's sweeping through the financial landscape.....managed to grow a nest egg of around 100k to a decent 532k in the space of a five weeks... I'm especially grateful to Elric Jorven whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
It’s crazy how much things have changed. Everything is getting more expensive rent, food, gas. It feels like no matter how much you make, it’s never enough. People are literally living in their cars or trying to go off-grid just to survive.
Us (goverment): hey, we need more money to redistribute. Can we tax you more? Rich people: no. Take a loan. Us (goverment): oh.. okay.. * Goverment is us, everybody
My main concern is how to survive all of these financial and political crisis, especially in light of the US political power scuffle. The government has really called things more difficult for its citizens, and we can't sit back and bear all the consequences of the bad governance.
Starting from scratch can feel overwhelming, especially if you’re unsure where to begin. The untold truth is, building wealth is possible, but it takes discipline and smart choices. A lot of people lose their way because they don’t know what to avoid…....
@AngelaSmitherman-r1r