The US Debt Crisis (explained) 

People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

Please tell me how I can get her help because I'm new to this.

Her name is Annette Christine Conte can't divulge much. Most likely, the internet should have her basic info, you can research if you like

The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

How can I reach this person?

’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

I checked Aileen up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response.

It's a good idea to seek advice at the moment, unless you're an expert yourself. As someone who runs a service business and sells products on eBay, I can tell you that the economy is struggling and many people are struggling financially.

you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited $560k in 2023 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.

pls how can I reach this expert, I need someone to help me manage my portfolio

'Jessica Lee Horst' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment

Thanks, i did a quick web search and i found Jessica, i hope she responds to my mail.

EXACTLY thats why theres no reason for inflation to ever come down...it will never come down . our debt relies on inflation getting worse and worse, if you didnt buy a house in 2021 you will never buy one

It's funny is that you've stepped on one of the key suppositions of modern monetary theory. I really dislike how this framework has been politicized because the framework itself is descriptive, rather than prescriptive. I think it's understandable that some politicians would prefer their voters to not know about MMT because if more people knew about MMT we might be quicker to understand tax cuts (un-paired with spending cuts) as a de-facto inflationary tax transferring money from the public to the recipinets of the tax cut. Similarly, too few people understand that new taxes are an important inflation fighting tool which could be used to stabilize rates without having to rely exclusively on rate-adjustments, mass unemployment, and artificial rescessions. There's no free lunch in economics, and having good tools to understand tax and government spending policy terrifies those who woud rather their policies skate by with as little examination as possible.

​@@e1000sn There is free launch in economics. It's called using the sun and growing crops.

@@khanch.6807 - The words of someone who has never tried to grow food.

@@e1000sn Says the guy who has no garden.

Great to hear!

Nailed it. House prices, wars etc.

@@nyquil762 the main distortion when it comes to house prices is artificial lack of supply due to strict zoning laws not the debt

@@grimaffiliations3671 And Demographics.

We are obligated to pay attention and make the system work for us. Join any effort to make the country MORE democratic, not less like the neofascists would like to do.

@@BicycleFunk Who are the neofascists? The democrats that elect their presidential nominee without a vote?

what do you mena kicked up to federal level?

Hearing from an experienced investor who has survived adversity and prevailed is always motivating. It may be frightening when your portfolio goes from green to red, but if you have invested in strong firms, you should maintain growing them and stick to your goal.

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.

Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

Glad you like them!

Greek here, this is the same thing that happened in Greece. Every EU and US government since the early 90 followed the same aversion to financial crisis and decided to keep inflating the economy and keeping kicking the can further down the line. That is mostly evident with the 2008 and 2020 financials crises where governments did not let allow actual defaults and decided to put a patch. Financial crises are devastating but a natural process that lets the economy hit a 'reset' button and start fresh.

Because austerity leads to recession, and that leads to a collapse in tax revenue. When taxes fall, deficits grow. Budget surpluses don't get rid of the deficit, they just push the deficit from the government onto the private sector. The private sector can't sustain deficits so it eventually collapses, forcing up the deficit thanks to a combination of low tax revenues and unemployment benefits

Yeah I was thinking the same thing. Multi family housing debt to gdp is up, but that doesn’t matter if multi family housing to multi family housing down or even neutral.

He only looked at debt and noted an increase. It was a relatively minor increase, so I’m not sure why he made it sound bad. We built more MF housing, and while inflation has increased rents for consumers, it also causes investors to hold those older low-interest loans rather than repay them. Those investors instead roll their new income into the next project to limit the amount of new high-interest loans needed.

Exactly, profits stay private and ever consolidated into fewer hands, while all the unpayable debts and bad bets get silently whisked away onto the public balance sheet for "us" to absorb. The Romans would blush at this level of corr...

Roost me bangmaster

maybe u guys dont understand debt is money

​@forsupernovae2401 yes debt is an asset for banks and the money they have on deposit is the there liability.

Ever heard of unrealized losses? If banks sold their bills today, the system would go bust. The losses dwarf the GFC. Risk is higher than ever hence low end t bills rolled over 4x instead of you getting a home loan.

@@forsupernovae2401 If somebody pissed on your head you'd think it was raining...

I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.

The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.

Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's

I'm new at this, please how can I reach her?

After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery Glory to God shalom.

I don't think interest rates are going back to zero, nowhere close, as even Powell admits. 2008-2021 was literally the anomaly, not the norm.

@@MBarberfan4life the downtrend since 70s is the norm. 90% of last 15 years is zero. So it is at least going back to low numbers. Fed debt repayments are too high not too. Perhaps it will get to zero, perhaps they won’t. I think better chance it gets there, especially if Trump gets in, but we’ll have to wait and see. Powell always speaks to the current situation, as he should, his ‘forecasts’ are always proven wrong in time. He cannot come out now and say we are going to zero.

@@aliiisalama it isn't just Powell. If anything the fact that there has been a downtrend for the past 40 years is a red flag. The same red flag that led people to mistakenly believe we would never get high inflation again. Those trends are slow-moving, including the decades-long increase in rates before the time period you picked.

They built the wrong stuff. People can't afford it.

They both contribute to each other. The housing shortfall from low inventory during the pandemic caused both home and rent prices (those multifamily apartments) to skyrocket. Apartments could charge insane prices for rent because there was no other option. Various investment companies bought up housing because they saw the low demand and knew prices would rise. But prices rose far too fast, and way too high. The current prices are unsustainable. Even if there's a housing shortfall, the of housing affordability is at its worst situation its been in during our modern records. That's a 100 year record in unaffordability. Consumers aren't buying houses at the current prices, because they can't afford to pay today's prices. It's no longer optional. Housing prices MUST come down relative to income. People simply can't pay for today's prices. That means someone is going to be left holding the giant bag of debt everyone used to build and buy housing. Everything is linked. Corporate debt didn't *just* go into multifamily apartments. Corporations also invested heavily in real estate in many cities, by using debt. When housing prices drop just a small bit, ~10-30% of investors will end up underwater in their mortgages, without enough assets to pay for their debt. Many of those smaller investors (local AirBnB) and a few medium sized investment companies (lots of them in Atlanta) and maybe one super large company will go bankrupt. Plus, many people who lose their jobs will be forced to sell their homes. That will instantly liquidate a large amount of inventory, temporarily driving prices down very quickly. That's the housing bubble popping. Which forces rental companies to drop prices to compete. No one wants to pay more for rent than it costs to buy a home. That's what will force many companies that own multifamily homes to declare bankruptcy. They'll be unable to charge enough rent to repay the loans they used to build the apartment in the first place. Eventually, long term trends will win out, and the cost of housing will start rising again. But just like the Pandemic drove prices up insanely quickly for a short period of time, the incoming recession and wave of corporate bankruptcies will drive prices down for a short period of time. The only other possible way to solve the housing unaffordability problem is for us to have to face 70s era inflation to bring wages in line with what people can pay for homes. But that's essentially stagflation, and it's not really better than a recession. We can sustain high levels of debt for a short time, until something happens to cause prices to drop slightly, which then causes the overleveraged sectors to collapse. Silicone Valley Bank's collapse early last year is an early taste of how quickly bad debt can cause bankruptcies. This isn't going to be a decade long change in housing trends. It's going to be a very messy and brutal year or two when prices suddenly crater, before slowly creeping up again.

Cantillon effects.

Debt doesn't matter because the government is going to inflate away our debt. What's more important is having hard, inflation-proof assets.

Don't forget your share of federal debt that your fellow citizens dumped on you!

@@GuyIncognito764 not how it works. People don't have a "share" of the federal debt

When investors don't buy the bonds, the Federal Reserve will buy the bonds. Which means inflation---default through inflation.

@@MBarberfan4life the fed bought tonnes of debt after 2008, why was there no inflation or default? Japan is the king of buying back its own bonds, yet its dealing with deflation not inflaiton. You're making stuff up

Cut social programs? The DOD is the largest single expense category.

You have lots of federal debt. That's how they tricked you.

​​@@GuyIncognito764As per my original comment, I know, but I'm in my early 60s and due to become a debt in a few more years.

Nailed it

Not hyperinflation, but it will be high inflation for a long time. That's what happened during WW1 and WW2. And why wouldn't the Fed print money, when most of the population is incorrectly blaming everything and everyone else (e.g. corporate greed, Putin, etc.)?

​@MBarberfan4life the fed has to buy the bonds if no one else will. They cannot say no

@@Dan16673 they will, and that's my point---I agree. They are supposed to have a mandate to promote stable prices. There's no point in having a supposed independent central bank if they are just going to be a credit card for Congress. That's 3rd world country crap.

@@MBarberfan4life agree. Logic doesn't follow. Like most empires, the American one will be short lived

But hey, at least we're not China... Over there they let the companies go bankrupt if they have terrible debt practices

That's right, that's why there hasn't been a recession in 15 years and counting. The bad debts now all magically end up on "our" tab without any consequences at all to the debtor. But the profits stay private of course.

we’re heading to a great depression not recession

According to the video, 17% is owned by foreign people and institutions. That leaves 83% held by American people and institutions. Also according to the video, the biggest debtor is the federal government. The biggest holders of US federal government debt are the Social Security Trust Fund and the Federal Reserve. The biggest foreign holders are close US allies like Japan and Ireland. It has been in the news lately that China has been selling off its holdings. The next biggest debtor is US businesses. The holders of that debt are wherever US businesses get business loans from. The next biggest debtor is US households, mostly via home mortgages. The holders of that debt are wherever US homeowners get home loans from. The last really big debtor is the US financial sector. The holders of that debt are wherever US investment banks get loans from. If anyone can provide additional insight into the “wherever XXXXX get loans from” details, it would be much appreciated.

it will be kicked down the road forever, its not supposed to be paid off. Its supposed to exist as peoples savings

@@grimaffiliations3671 No debt can be kicked down the road forever. Decades is a generational duration, but is not forever.

@@lainiwakura44 That claim relies on the idea that taxes will have to go up in the future to pay for the national debt, but that's completely wrong for two main reasons. The first one being, the debt isn't paid for by taxes, it's paid for by simply rolling over any bonds that come due. The government rolled over 120 TRILLION dollars worth of bonds in 2021 alone. That's trillion with a T. The idea that taxes could ever cover that amount in silly. They can do this forever because they control the currency our debt is denominated in.

The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over a million dollars.

I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

I definitely share your sentiment about these firms. Finding financial advisors like “Jessica Lee Horst” who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

Thanks for watching!

What do you think will be the catalyst?

@@quietus13 Between Election day November and Inauguration day January. All the pent up hostility and negativity will be released in a flood of nastiness. The new President will have to deal with the failures of the past. The Old Guard will stop trying to hold back the flood, or they will say they do not have authority to do so. Apres moi le deluge. (After me the flood).

Seeing as how the average Americans spend money that they don't have and struggles to pay interest on their credit cards, I wouldn't count on the US government changing its way any time soon unless the change is forced upon it. In a way the government perfectly represents its citizens.

We should tax like we spend Maybe then people.might vote differently

That woman transformed my entire life for the better. Among the folks I've met, Leah appears to be the most trustworthy. I'm surprised you know her as well.

I've noticed a lot of people talking about Leah, she must be amazing for everyone to be saying so many wonderful things about her.

Please tell me how I can get her help because I'm new to this.

"Leah Foster Alderman"

Got it. Thank you so much for this useful information.

I've been around since you started the channel!

There is also a shift in favorability of people liking multi-family homes. Not to the point that a majority of the country would choose it but a larger portion of the country would be willing to live in an urban area and thus it makes sense that more multi-family homes are built and that would create the increase in multi-family debt that he showed.

all of the gdp is good and builds wealth, whether or not it comes about through borrowing. Government deficits = private sector surpluses

@@grimaffiliations3671 100% wrong. What would happen if every country's government believed this, they paid great wages and employ half the people to dig holes and the other half to fill them in. GDP soars around the world. Is this good and building wealth? obviously not, with no real production everyone would be impoverished and die. whether 100%, 90%, or today's approx. 30% of GDP, The degree of relative impoverishment only varies with the percent of "GDP" that isn't involved in producing an actual useful good or service that people need to live.

@@Mike-rp6lb Deficit spending is captured by the private sector, this raises aggregate demand and fuels further growth. Without deficit spending the private sector is forced to net borrow (go into deficit) And as history will tell you, the economy doesn't survive long when the private sector goes into deficit

@@grimaffiliations3671 This is a way of looking at the economy through accounting identities while missing the big picture. Money is not wealth, it is simply a tool to determine allocation of resources. Focusing on demand is misguided. There is always demand for needed goods and services, the problem, which creates trade deficits and a hollowed out US economy is lack of production. On paper the egg heads see nothing wrong with a hollowed out economy, but completely ruin has only be staved off by the artificial demand for US dollars globally. This is ending. Government (deficit) spending exacerbates these problem.

Our pleasure!

Hard to say. Nobody has done anything about since Clinton and Gingrich tackled it

Pretty much. Welcome to central banking

Republicans gloat that DJT was so great for the economy but in reality he just deficit spent. Same with Biden. Easy to grow the GDP when you fake it with debt