US Government Defaulting On Its Debt

US Government Defaulting On Its Debt




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26 Comments

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  2. Matt your channel is just such an incredible resource. It's raw, unfiltered information that can guide a person through the lies and misdirection of government officials at the helm of an economic vehicle careering down a steep hill at a quickening pace.

  3. I just started out in the work force not too long ago, so it’s really good for me to know the things you are sharing with us all for free! Ever thought about teaching a Udemy course of making a Curriculum of sorts?? Me thinks you’d be great at it. However, I’m wondering what will become of my parents Retirement 401k 😥 Is it still worth it to switch over 401k to Bitcoin in this economy?

  4. The debt is mostly unfunded federal entitlements. Actually they are funded, with IOU's, compliments of the US Congress. This is what happened when politicians determined that they could avoid hard decisions about spending by raiding the Social Security Trust Fund.

  5. This is exactly why public schools teach nothing about money or investing to students! If they did the US would never be able to print the money that it does.
    Both side’s of the isle in DC are one in the same!!! Greedy disrespectful snakes to the core!!!
    Mark my words, our government will try to bomb our way out of this in Eastern Europe and they will take a lot of Western Europe with it! The EU will have to pick a side eventually…who will it be?

  6. First of all, this has been the plan of the FED since 1913. If the US defaults on its debts. The national parks have been designated to the creditors. (China will get Mt. RUSHMORE) And every other park until debt is settled.

  7. I find no fault with your reasoning in this video,. Unfortunately, that paints a rather troubling future. The big variable is how and by when bitcoin, a relatively new financial instrument, will complete its volatile price discovery phase.

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