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

2024-11-09 Education
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Coin Bureau
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Description

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. 🛒 Get The Hottest Crypto Deals 👉 http://www.coinbureau.com/deals ♣️ Join The Coin Bureau Club 👉 https://hub.coinbureau.com/ 💥 Coin Bureau Discord 👉 https://go.coinbureau.com/cb-discord 📲 Insider Info in our Socials 👉 https://www.coinbureau.com/socials/ 👕 Best Crypto Merch 👉https://store.coinbureau.com 🔥 TOP Crypto TIPS In Our Newsletter 👉 https://guy.coinbureau.com/signup/ ⭐ More Coin Bureau Channel 👉 youtube.com/@morecoinbureau 📈 Coin Bureau Trading Channel 👉 youtube.com/@CoinBureauTrading ~~~~~ 📺 Essential Videos 📺 Debt Ceiling Explained 👉 Will the United States Default!? Debt Ceiling Explained!! US Bond Vigilante 👉 They’re CONTROLLING The Government!! Know This!! ~~~~~ ⛓️ 🔗 Useful Links 🔗 ⛓️ ► Debt Ceiling: https://www.investopedia.com/terms/d/debt-ceiling.asp ► Global Impact: https://www.pbs.org/newshour/world/heres-what-would-happen-to-the-global-economy-if-the-u-s-defaults-on-its-debt ► Why Fiat Fails: https://news.bitcoin.com/how-fiat-money-fails-deconstructing-the-governments-paper-thin-promise/ ► Life After Default (According to The White House): https://www.whitehouse.gov/cea/written-materials/2021/10/06/life-after-default/ ~~~~~ - 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 ~~~~~ 📜 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

Top Comments (10)

@davidwebb4904 2024-11-09

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

55 20 replies
@jw8968-z6g 2024-11-09

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.

35 5 replies
@FireTheHoker 2024-11-09

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.

17 2 replies
@darrenwho 2024-11-09

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

13 1 replies
@CoinBureau 2024-11-09

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5 3 replies
@theSTUNTHAMSTER 2024-11-09

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.

5
@HarryHound 2024-11-09

Brilliant analysis, ThanQ

4
@brad180564 2024-11-09

Good show, a broader outlook.

2
@312_mary 2024-11-09

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

1
@hubreydavid7864 2024-12-10

America prints money like toilet paper 🧻 and it's starting to be worth the same value. 😢😢

1

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