The United States is facing a major crisis - from talks of default to rising fears of a debt collapse, the situation is dire.
With a staggering national debt of $35 trillion, or 2900 lakh crore, the US is on the brink of financial disaster. How did we get here? Why is the world’s largest economy struggling to even pay its interest?
In today’s video, we’ll dive deep into the complex world of debt and money creation. From the origins of trade and gold-backed currencies to the rise of fiat money and the exploitation of the dollar system, we’ll explore how the US has used - and possibly abused - its position as the world’s financial leader.
As interest payments consume 22% of US government revenue, it raises the question: can the US survive this? The truth may shock you - not only about the US but about every country in the world. We’re living in a debt-based monetary system, and no country can ever truly pay off its debt.
Join me as we uncover the hidden realities of modern money, explore the role of the US Federal Reserve, and discuss how massive dollar printing during the COVID era may be setting up a global economic shift. The dollar’s dominance is being challenged, and we’ll look at the actions of countries like China, who are turning to gold and local currencies.
Get ready for an eye-opening journey into the world of finance, money creation, and what could be the end of an era for the United States and the dollar.
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20 сен 2024
