Jamie Dimon Just Said A $39T National Debt Crisis Is Coming
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Top Comments (10)
Every day more videos come out telling us we are in crisis mode. We have been living in crisis mode for some time now but life goes on. I need to let go of what I can't control.
So the US goverment is turning in to a private credit company
So in a nutshell. We have been broke for long time. Instead of saving and balancing out budget like me all the govt does is spend eveverything just like a teenage girl with a credit card. I wonder how bad the Depression will be here when the music stops and stops hard?
The huge problem is when you buy USA treasuries let say a 10 year treasury bond when you get your money back its buying power in the money received back will buy you less than when you purchased the treasury bond so while you owen that treasury bond its true value is being eroded by inflation. That is why coubtriescand centeral banks are buying physical gold and silver as they are a inflation headge against the devalueing USA treasury bonds. The more the USA prints the more it erodes the value of the USD.
"BELOW!" LOL! Nice wake up.
Correction: The Largest Bank in the world is China's ICBC, followed by 3 more Chinese Banks. JP Morgan is the 5th largest Bank in the world(Largest in US) followed by Bank of America (6th)
Watch my free investing masterclass and get Market Briefs as a bonus! https://r.briefs.co/free?utm_campaign=TOF_Content&utm_medium=organic&utm_content=VIIl9gB07Zg&utm_term=minority_mindset&utm_source=youtube&utm_placement=youtubepinned WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
I turned 68 this year. Last month alone I made $96,000, but the moment that made me cry wasn't the money - it was seeing my whole family around one dinner table after everything we survived together. There were years I truly thought life was over for me. Keep fighting. Your current situation can change in one season.
A “House of Cards”! Follow Drumf’s Atlantic City bankruptcy fiasco! He is economically clueless! People are also paying exorbitant prices for their gold purchases!
I'm ready and waiting for money printer to go brrrr so I can collect
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Top Comments (10)
Every day more videos come out telling us we are in crisis mode. We have been living in crisis mode for some time now but life goes on. I need to let go of what I can't control.
So the US goverment is turning in to a private credit company
So in a nutshell. We have been broke for long time. Instead of saving and balancing out budget like me all the govt does is spend eveverything just like a teenage girl with a credit card. I wonder how bad the Depression will be here when the music stops and stops hard?
The huge problem is when you buy USA treasuries let say a 10 year treasury bond when you get your money back its buying power in the money received back will buy you less than when you purchased the treasury bond so while you owen that treasury bond its true value is being eroded by inflation. That is why coubtriescand centeral banks are buying physical gold and silver as they are a inflation headge against the devalueing USA treasury bonds. The more the USA prints the more it erodes the value of the USD.
"BELOW!" LOL! Nice wake up.
Correction: The Largest Bank in the world is China's ICBC, followed by 3 more Chinese Banks. JP Morgan is the 5th largest Bank in the world(Largest in US) followed by Bank of America (6th)
Watch my free investing masterclass and get Market Briefs as a bonus! https://r.briefs.co/free?utm_campaign=TOF_Content&utm_medium=organic&utm_content=VIIl9gB07Zg&utm_term=minority_mindset&utm_source=youtube&utm_placement=youtubepinned WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
I turned 68 this year. Last month alone I made $96,000, but the moment that made me cry wasn't the money - it was seeing my whole family around one dinner table after everything we survived together. There were years I truly thought life was over for me. Keep fighting. Your current situation can change in one season.
A “House of Cards”! Follow Drumf’s Atlantic City bankruptcy fiasco! He is economically clueless! People are also paying exorbitant prices for their gold purchases!
I'm ready and waiting for money printer to go brrrr so I can collect