hello Fat fascist controllers of 'UA-cam' why do you block the truth . Interfering covertly when someone who is expression reality to spy and block manipulate like psychopaths. Thinking you are so clever but just Slimy perverts. Are you just 'Milgram morons' or just coward slimy fascist . Both my Grandfathers and Father fought for your freedoms. And now you use your freedom to be slimy covert pervert fascist psychopaths.
Don't blame the rich because you're too stupid to do the same thing. If you saved a 100 dollars a week for 30 years at the average rate of return, you would have 2 million dollars. The rich aren't stopping you from saving. If fact, the same thing that has made them rich is available to everyone. Don't blame them for your ignorance and lack of effort.
Stephen Bender Okay boomer. I suppose that billionaires having the money to hire lobbyists and buy off politicians to rig the rules in their favor for 35 years has nothing to do with it. Your trickledown BS has been empirically proven not to work. The foundation of your argument is based on the false notion that we live in a meritocracy. And on that the entirety of your political views crumble. A Princeton university study has confirmed we live in an oligarchy. That means our economic system is rigged. The only solution is to overthrow the corporate state. Bernie 2020
Arthur Heidt nothing to do with banks... spending $600 billion annually to lose war after war doesn’t compute... underpinning sovereign wealth and pensions on markets rampant with insider trading and manipulation doesn’t compute either 😂
What is the elephant in the room? Gold. The remnimbi wil rise not because China will allow market forces to value the currency but because they will back their money with gold and blockchain.
@@pietrojenkins6901 Over 90% of the Japan debt is held by domestic institutions, dominated by banks (42%) insurance and pension funds (22%) and the National Pension Fund (7%), with a sizeable holding also for the central bank (11%)
Not really! The "carry trade" borrows in yen, lends in dollars or euros, and pays back in yen. The past year, with the depreciation of the yen, they have made a killing!!
Excellent....but it's more like a rollover button. The US has been doing it since the thirties. We are still literally paying off the WW2 debt which was higher than today's debt. Like you say it's only numbers....or bits!!
hello Fat fascist controllers of 'UA-cam' why do you block the truth . Interfering covertly when someone who is expression reality to spy and block manipulate like psychopaths. Thinking you are so clever but just Slimy perverts. Are you just 'Milgram morons' or just coward slimy fascist . Both my Grandfathers and Father fought for your freedoms. And now you use your freedom to be slimy covert pervert fascist psychopaths.
Whoever got Sandra is sure a very lucky man. She has a face I could watch all day (without having her look back). She is such a beauty and from the way she speaks and holds herself, I am very sure she is just as beautiful in other areas as well. A type like her will bring sunshine everywhere she goes. A woman of substance indeed.
I have an axe and fishing pole. I'm ready for anything. Looking forward to watching people fight over what's left on the store shelves while I catch my meal from the ocean, lying next to a bonfire observing the beautiful night sky. :)
its so amazing that throughout the show, I see civility , respect and none of the usual loud and disrespectful interruptions that is the trademark of US shows. Jut look at the way all the others turn their heads and listen so attentively when the other person is speaking. Could it be possible they may not be Americans? Great panel with people of substance.
The IMF guy is missing the point with Japan, most of their debt is sovereign debt, owned by the bank of Japan. So their debt to GDP ratio is meaningless.
Hence, it's unnerving. You've got monetary policies buying back sovereign debt. Back then, it was done to weaken the currency, but so far, Japanese yen have been stable throughout the year. In fact, it is even rising. Somehow, it feels like the central banks are hedging towards a financial meltdown by moving towards these uncharted territories. Heck, the Feds Reserves is already feeling the chills by planning to raise the rates once again. Even though, Trump is fully comfortable with the easing, and doesn't want the rates to raise.
@david stewart That logic applies to debt that is foreign held, like for example in the Weimar Republic that caused hyperinflation. There is a great documentary about Japan´s postwar economic rise, 80ies boom, and 90ies bust, called "Princes of the Yen". The fascinating part is how the Japanese recovered and rebuild their economy after the war. The treasury set credit quotas per industry for the central bank to lend out. You get stable growth but can´t get to crazy to create a bubble. If we want to tackle inequality, we really just need to take a look at the economic history books. Plenty of examples how to do it right and how to do it wrong.
The whole theory of cyclical growth is based on the idea of an endlessly growing productivity based on the growth of working population, even though there are gaps every now and then. There will be an inversion of the world population’s age pyramid, and this problem is far from concerning social security alone. What will the world economy look like when you have more than half of the working population over forty years of age, with a third over fifty/fifty-five? People talk a lot about the changes in labor market, but forget completely about the changes in its physical composition and average productivity...
Lucas Louzada Good point . And in a society where that has happened (Japan) the nuclear family and the sense of societal obligation has fallen apart . Many seniors commit minor crimes so they can go to jail and get looked after. Two recent movies that show this deterioration are Shoplifters (Japan) and Parasite (South Korea). Soon to be playing out in all our neighborhoods.
@@lucaslouzada44 so true. Capitalism works best with a growing population. The only way for a corporation to grow... which it must do... Is to have more customers or for existing customers to consume an ever growing number of "things".... neither one of these can go on ad infinitum!! A real conundrum!!! I love big words!! And it's always good to throw some Latin! Not sure I spelled it correctly..
USA is breaking apart like the ANCIENT ROMAN EMPIRE DID... the greed of Ancient Roman senate ( elites) created the 'END'.. Thus the USA elites who abandoned USA society to betray
tom tesoro. My advise to all who believe armageddon to leave ASAP from America to the sandy desert of Middle East. There you don'y have to work. Just pray 5 times a day, you will get charity from Saudi Arabia for saying Allah is great and you can have 4 wives to massage you. Ha ha ha ha ha ha.
23 Trillions isn't all that much when you control the world reserve currency and also have the military might to rob any country's reserve. That is why we Americans can be so fat and lazy. The world has to take our paper money or die. As long as we continue to rob and invade all countries and enslave them under our monetary system, we could be at 23 quadrillion debt and live a good life.
A real bother is not only the overall national debt, debt to GDP and annual deficits is also the amount of money used to pay the interest on the national debt every year. Depending on the interest rates of the Federal Reserve and the promised return obligation of their treasury bills sold. So much money has been wasted every single year. It doesn't even pay the principal of the national debt. If anyone ever remembers history, back in 1992, when George H. W. Bush Sr., Bill Clinton and Ross Perot ran for President, Ross Perot revealed a national debt of only 1 trillion dollars. Our annual deficit of 2019 and 2020, will exceed the entire national debt we had back in 1992. National debt, deficits and annual expense of the interest of the national debt are all on the rise and will collectively continue to rise in years to come.
FYI....there have never been fewer people living in poverty in the history of the planet. Fewer starving people...life expectancy is up. Childhood mortality down. Education up. Those are the real facts.
So far the host, in his introduction to the program, has used the words debt and deficit interchangeably, and D.R. didn't know the D/GDP number for the U.S. He also stated the U.S. economy is doing well. What about Baltic Index, Freight Indexes, PMI, auto sales, etc.? And I haven't even heard 1/2 the program yet...
You know what blows my mind is that the world it owes the world banks $200 trillion yet our governments give them our money to lend us. Its OUR money! Then they turn around and play God with countries economies. They should owe us not the other way around. They should be able to charge us a small handling fee but not interest. The only time interest should be applied s when one country lends to another.
I wonder why they did not include an expert from China, to explain the concept according to Chinesse point of view, China being a major player in global financial system?
LOL with commentary like this it is no wonder why Al Jazera pulled out of the US news market. Gotta like listening to different perspectives that are not influenced by western corporate media/values/bias
Wall Street is growing because it is supported by cheap money. The economy is not growing well. The USD is manipulated by the amount of money that is being printed.
No need to fear for USA. Let it go to 30+ 40+ 50+ trillions. Just move over to digital currency and save the paper n ink. And charge negative interest rate and let the savers pay.
When you say dollar, you actually mean "petrodollar", correct? As in, USA + Saudi Arabia's partnership - which is never going away. Plus, the global dependence on oil is never going away either. At least, not any time soon.
Consider the new silk road & the Iran oil deal. Who needs the petrodollar when they can use a different currency & ignore US bullying & general fuckery. Don't get too overconfident lol
CHINA is the biggest consumer of Saudi oil now and the USA is exporting oil so the petrodollar will be dead in the next decade because its China will force the Saudis to accept Yuan and the dollar is finished.
@@TheMilpitasguy you idiot. China has the power to force Saudi because they are the biggest consumer of Saudi oil, thats the reason of the US-Saudi petrodollar deal exist because the USA was the biggest consumer of Saudi oil in the past now the USA has become one of the biggest producer of oil and they dont need the Saudi oil as much. The time will come that they will ditch the US dollar because the Chinese are forcing the Saudis to accept gold-backed Yuan against the fiat US dollar. Guess what who will win in the future lol.
Pensions (social security) and medical (universal health care) are not the major drains on revenue they are large but the major drain is lowering business taxation and taxation on very high income earners and turning tax into VAT and GST and Sales Tax style taxation systems. The main reason why companies such as Apple buy back their shares is because they can do that without increasing their tax liability and they have managed to lobby to get tax policy to favour them compared to tax policy in previous decades in the 20th and 21st centuries.
Okay, someone got it (Doug Rediker). Technological decoupling. That's the only thing keeping the western hegemony. Not the financial system (not anymore at least). Unfortunately, few understand this and its ramifications.
Gold has NO intrinsic value and its price is determined in US dollars... not in Chinese Yuan, OPEC currency or Bitcoin... when global markets target gold in a depreciating dollar environment - yanks will be out priced at the national level - Fort Knox is empty - that’s the real conspiracy 😂
Al Jzaeera, please correct the spelling of, "apart" (currently spelled, "Appart") from the thumbnail. It's very embarrassing for an English news program to misspell the lead-in!
How are these expert calculating the Debt to GDP below 100%. If you debt is about 23T and the size of the US economy for FY18 was 20.5T, and adjusted to Present Value would be around 21T that puts the ration at around 106%?!?!?!
Unlike other countries, the U.S. had a baby boom, a baby bust, AND another baby boom. For awhile, there will be high costs on the elderly; the next generation of elderly (the baby bust) will be tiny and easily supported.
@david stewart My tool of pleasure has been chopped already. I'd let them take a little more off the top for the described divine privilege. I don't really use that thing anyways. I need a new pair of boots.
Remember this trend of exponential debt started with the Nixon administration and the industrialization of China. Nixon took the U.S off the gold standard and opened the West up to China and cheep goods..........this began the downward trend in the ratio of productivity to wages. Productivity continued to rise as wages began to fall.
The termites in the foundation(Financial foundation) is exactly what ,Sandra said, 80 people has the wealth of roughly 3 billion people that’s the termite,and none of these individuals up to now,really focus on that,yes that is going to be the downfall,are part of the downfall wow!!!!!
"Nobody believes in RMB's value??" Let's look at some numbers. 20 mil people in Beijing and 25 in Shanghai, comparable to LA and NY. Average homes prices 1,200 per sq. foot. 1.2 mil for a standard 3 bd family apartment, comparable to LA and NY. Average car prices 30,000 USD, same luxury German brands, practical Japanese brands, and low end Chinese brands. China also buys half of the world's exotic cars like Bugatti and Bentley, and by far the biggest consumer of Channel, Louis Vuitton, Rolex, etc. 169 million Chinese outbound tourists for 2019. 2.8 million to the US, 20 big plane loads per day. On top of those, China still manage to keep continuous growth of its middle class and working class by innovations in all sectors of the economy and businesses. For instance, the nationwide universal electronic payment system increased consumer spending efficiency so much that a middle school graduated delivery boy now makes 1,000 plus US dollars a month in major cities. In 3-5 years, China will have real 5G coverage in its cities to allow Tesla driver-less cars, which now manufactured in Shanghai, and other automation. Who knows what un-invented things will come. The Trumps years propaganda to make China the villain promoted arms sales in and around the Pacific for the US weapons industry plus trade wars for delaying the dollars downfall to the ones who watch TV.
Capitalism works best when the population is growing. This is the real problem.when I was born after WW2 the USA debt to gdp was greater than today. The country grew out of it by having babies! Actually the USA is a fairly young country today. The myth about boomers busting the SS system is not true. The millenials are the largest generation. Us boomers are dying off like flies! As millenials age they will be accused of "destroying" the economy. When Eisenhower wanted to build the interstate highway system they said it was crazy to go deeper into debt. These are the best times ever! Perhaps you would care to live like we did in the fifties. Oops no "smart" phone! many things for people to waste their money on!
Pfft, if Bernie Sanders becomes president the entire world will celebrate and faith in the United States will be restored. The world is praying for another FDR in the White House.
Only when people loose faith in the dollar as the leading global fiat / monopoly currency. At some point we the slaves won't be able to pay the debt to the Central banksters. This group of hand picked financial experts / propagandists will never tell you the truth. The real question in faith in the dollar is not a question of debt, but a question of confidence!!! When people start stuffing mattresses with what they believe to be real money,,,,, The question is.... What will they stuff they're mattresses with???? Will it be dollars or,,, hard assets? Not just gold and silver.. .. But daily commodities of real value, and or better stated utility!! Food, energy, fundamental tools of production!!! These are the real things of value that sustain life!!
Is there a chance that goups of other countries will set up al alternative international banking/money transfer system that is not effectively under the total control of a wayward US president? A combination of EU, Asia Countries and India for example.
@@SilvanaDil A comment totally agreed by those who know nothing but believe they know everything. If you think that's trye and not just a cheap jibe then offer some evidence!
@@trevorellis1704 - As an American, I like my country's primacy. Do you seriously think that the EU is capable of doing something as substantial as the endeavor you suggest?
The collapse of the Euro Ezekiel 7: 19 Psalms 46: 4-6 introduces a time of Great tribulation Matthew 24: 21, 22, 29, 30 when a financial tsunami wave moves all throughout the world at a time of wars Jeremiah 25: 24-26 and wrath Revelation 11: 18. It is also the 'sunrise' marking the arrival of Christ Malachi 4: 2 with brilliant light. My comment expands these events, which are written in God's word John 17: 17. 2Peter 1: 19-21
The dollar is going to be hit hard when the energy transition picks up steam. The moment oil, especially Middle Eastern oil becomes less important the dollar will loose its status of reserve currency. Just a question why do think the USA is making sure that oil from Iran and Venezuela doesn’t enter the market ? It’s is certainly not because of any threats these countries pose. Certainly not because the governments of these counties are particularly unsavoury. The USA deals with unsavoury regimes every day.
Thank you for the presentation. I am glad someone brought up the inequality issue. I wonder if the speakers realize that much of this wealth gap has been created by the Federal Reserve.
The "normal environment" is when the rich get richer and everyone else get screwed.
hello Fat fascist controllers of 'UA-cam' why do you block the truth . Interfering covertly when someone who is expression reality to spy and block manipulate like psychopaths. Thinking you are so clever but just Slimy perverts. Are you just 'Milgram morons' or just coward slimy fascist . Both my Grandfathers and Father fought for your freedoms. And now you use your freedom to be slimy covert pervert fascist psychopaths.
WOW!!!!!!
Don't blame the rich because you're too stupid to do the same thing. If you saved a 100 dollars a week for 30 years at the average rate of return, you would have 2 million dollars. The rich aren't stopping you from saving. If fact, the same thing that has made them rich is available to everyone. Don't blame them for your ignorance and lack of effort.
Stephen Bender
Okay boomer. I suppose that billionaires having the money to hire lobbyists and buy off politicians to rig the rules in their favor for 35 years has nothing to do with it. Your trickledown BS has been empirically proven not to work. The foundation of your argument is based on the false notion that we live in a meritocracy. And on that the entirety of your political views crumble. A Princeton university study has confirmed we live in an oligarchy. That means our economic system is rigged. The only solution is to overthrow the corporate state.
Bernie 2020
“because of bullying?” Exactly. The great true they were afraid to say.
trillions in debt homeless and poor people every where, keep the same things going. ha!
well thats american banks they are full of retards working for them, they cared for skin color and diversity over everything
Arthur Heidt nothing to do with banks...
spending $600 billion annually to lose war after war doesn’t compute...
underpinning sovereign wealth and pensions on markets rampant with insider trading and manipulation doesn’t compute either 😂
What is the elephant in the room? Gold. The remnimbi wil rise not because China will allow market forces to value the currency but because they will back their money with gold and blockchain.
The world has become a giant shell game with the ones that move the shells being the most rewarded.
Japan debts are mostly internally finance. Whereas, US debts are borrowing from foreign countries or investors.
Obviously you have a misguided view and false stats.
about 30% of US national debts are owned by foreign entities. Higher than Japan but still not a very high %.
@@pietrojenkins6901
Over 90% of the Japan debt is held by domestic institutions, dominated by banks (42%) insurance and pension funds (22%) and the National Pension Fund (7%), with a sizeable holding also for the central bank (11%)
Not really!
The "carry trade" borrows in yen, lends in dollars or euros, and pays back in yen. The past year, with the depreciation of the yen, they have made a killing!!
Whatever. Money doesn't mean anything anyways. It's numbers on a computer screen. You can easily hit the rest button.
Excellent....but it's more like a rollover button. The US has been doing it since the thirties. We are still literally paying off the WW2 debt which was higher than today's debt. Like you say it's only numbers....or bits!!
Without money you will look funny. Ha ha ha ha ha.
On the one hand, "best ever economy", on the other hand, debt hit record high after high.
Something is wrong in the formula, I guess.
Their idea of stimulus is to give rich people more money. They are going to destroy everything.
because the US government stimulate packets kept kicking in printing bill money without gold deposit, it's fake best economy!
hello Fat fascist controllers of 'UA-cam' why do you block the truth . Interfering covertly when someone who is expression reality to spy and block manipulate like psychopaths. Thinking you are so clever but just Slimy perverts. Are you just 'Milgram morons' or just coward slimy fascist . Both my Grandfathers and Father fought for your freedoms. And now you use your freedom to be slimy covert pervert fascist psychopaths.
It is more fragile than anyone in the US is going to admit publicly.
if us dollar guided globalism falls, all regional elites wil lose their magic, and become regional dictators in war with their own people
Where is this place where I am paid to borrow money? I need billions of those!!
Lol😂
open a bank
Farah Mo, Get your name in Forbes magazine and the US prints it for you, that's the great economy these three are talking about.
you have to be in the club, doesn’t work for retail people.
Let's form our own club as well and get our own printer. This slavery must stop!
Whoever got Sandra is sure a very lucky man. She has a face I could watch all day (without having her look back). She is such a beauty and from the way she speaks and holds herself, I am very sure she is just as beautiful in other areas as well. A type like her will bring sunshine everywhere she goes. A woman of substance indeed.
40 million below the poverty line is a measure of failure and not success.
China must be a huge failure then
Add the $21 trillion the pentagon lost to the $23 and you have $44 trillion. About 180% of gdp?
The end is eminent. The question is how do you prepare yourself as an individual?
Buy gold / silver.
I have an axe and fishing pole. I'm ready for anything. Looking forward to watching people fight over what's left on the store shelves while I catch my meal from the ocean, lying next to a bonfire observing the beautiful night sky. :)
@@waynet8953 : Spot on. Silver and Gold. Period.
0:36 it is not a deficit, as you said. It is debt. And it isn't the same.
What is the different?
@@mickysanchez5511 deficit cumulates, and makes the debt.
There is no excuse for the 23 Trillion number. I am hunkering down I do not like this.
its so amazing that throughout the show, I see civility , respect and none of the usual loud and disrespectful interruptions that is the trademark of US shows. Jut look at the way all the others turn their heads and listen so attentively when the other person is speaking. Could it be possible they may not be Americans?
Great panel with people of substance.
😂🤣
The IMF guy is missing the point with Japan, most of their debt is sovereign debt, owned by the bank of Japan. So their debt to GDP ratio is meaningless.
Hence, it's unnerving. You've got monetary policies buying back sovereign debt. Back then, it was done to weaken the currency, but so far, Japanese yen have been stable throughout the year. In fact, it is even rising. Somehow, it feels like the central banks are hedging towards a financial meltdown by moving towards these uncharted territories. Heck, the Feds Reserves is already feeling the chills by planning to raise the rates once again. Even though, Trump is fully comfortable with the easing, and doesn't want the rates to raise.
@david stewart That logic applies to debt that is foreign held, like for example in the Weimar Republic that caused hyperinflation. There is a great documentary about Japan´s postwar economic rise, 80ies boom, and 90ies bust, called "Princes of the Yen".
The fascinating part is how the Japanese recovered and rebuild their economy after the war. The treasury set credit quotas per industry for the central bank to lend out. You get stable growth but can´t get to crazy to create a bubble. If we want to tackle inequality, we really just need to take a look at the economic history books. Plenty of examples how to do it right and how to do it wrong.
most of America's public debt is held by America
@@seph9980
Yeh I had some Japanese hens and they were all really stable.
Judging by the comments so far, America is already in second place. People aren't fooled the smoke and mirrors anymore.
they keep saying its ok to have gazillions $ of debts when soo much of the money go to tax cut, military and "security"?
Yep, Nothing Last Forever...
They forgot to mention the whole of demography issues, which is the real “termites in the foundations” that no one likes to talk about...
Demography?
The whole theory of cyclical growth is based on the idea of an endlessly growing productivity based on the growth of working population, even though there are gaps every now and then. There will be an inversion of the world population’s age pyramid, and this problem is far from concerning social security alone. What will the world economy look like when you have more than half of the working population over forty years of age, with a third over fifty/fifty-five? People talk a lot about the changes in labor market, but forget completely about the changes in its physical composition and average productivity...
Lucas Louzada Good point . And in a society where that has happened (Japan) the nuclear family and the sense of societal obligation has fallen apart . Many seniors commit minor crimes so they can go to jail and get looked after. Two recent movies that show this deterioration are Shoplifters (Japan) and Parasite (South Korea). Soon to be playing out in all our neighborhoods.
@@lucaslouzada44 so true. Capitalism works best with a growing population. The only way for a corporation to grow... which it must do... Is to have more customers or for existing customers to consume an ever growing number of "things".... neither one of these can go on ad infinitum!! A real conundrum!!! I love big words!! And it's always good to throw some Latin! Not sure I spelled it correctly..
@@ArtSmosh1274 population statistics....Google it..
As of the date this video was posted to UA-cam US debt is 23 trillion.
USA is breaking apart like the ANCIENT ROMAN EMPIRE DID... the greed of Ancient Roman senate ( elites) created the 'END'.. Thus the USA elites who abandoned USA society to betray
So what if US is in debt? Are you going to pay for it.
@@francisgodinho9077 'head in sand' ! the USA prescription for armageddon.
tom tesoro. My advise to all who believe armageddon to leave ASAP from America to the sandy desert of Middle East. There you don'y have to work. Just pray 5 times a day, you will get charity from Saudi Arabia for saying Allah is great and you can have 4 wives to massage you. Ha ha ha ha ha ha.
23 Trillions isn't all that much when you control the world reserve currency and also have the military might to rob any country's reserve. That is why we Americans can be so fat and lazy. The world has to take our paper money or die. As long as we continue to rob and invade all countries and enslave them under our monetary system, we could be at 23 quadrillion debt and live a good life.
If I was Sandra, I’d refuse any further interviews with that host.
ktucker147 , , , Well , , at least he did mention her book , , By the way sounds very interesting !
A real bother is not only the overall national debt, debt to GDP and annual deficits is also the amount of money used to pay the interest on the national debt every year. Depending on the interest rates of the Federal Reserve and the promised return obligation of their treasury bills sold. So much money has been wasted every single year. It doesn't even pay the principal of the national debt. If anyone ever remembers history, back in 1992, when George H. W. Bush Sr., Bill Clinton and Ross Perot ran for President, Ross Perot revealed a national debt of only 1 trillion dollars. Our annual deficit of 2019 and 2020, will exceed the entire national debt we had back in 1992. National debt, deficits and annual expense of the interest of the national debt are all on the rise and will collectively continue to rise in years to come.
FYI....there have never been fewer people living in poverty in the history of the planet. Fewer starving people...life expectancy is up. Childhood mortality down. Education up. Those are the real facts.
True, true
So far the host, in his introduction to the program, has used the words debt and deficit interchangeably, and D.R. didn't know the D/GDP number for the U.S. He also stated the U.S. economy is doing well. What about Baltic Index, Freight Indexes, PMI, auto sales, etc.? And I haven't even heard 1/2 the program yet...
WHO is getting the interest on all this debt????
Fed?
You know what blows my mind is that the world it owes the world banks $200 trillion yet our governments give them our money to lend us. Its OUR money! Then they turn around and play God with countries economies. They should owe us not the other way around. They should be able to charge us a small handling fee but not interest. The only time interest should be applied s when one country lends to another.
My son owed me $100 but I have not in my pocket and may be never
I wonder why they did not include an expert from China, to explain the concept according to Chinesse point of view, China being a major player in global financial system?
Thanks
The Communist are beggars.
the ripo - market is the kiss of death and when the duechabank just collapsed your dominoes are "..................
Did he say the Fed Reserve is a “secure institution”!? Wow! That’s just silly
LOL with commentary like this it is no wonder why Al Jazera pulled out of the US news market. Gotta like listening to different perspectives that are not influenced by western corporate media/values/bias
Wall Street is growing because it is supported by cheap money. The economy is not growing well. The USD is manipulated by the amount of money that is being printed.
No need to fear for USA. Let it go to 30+ 40+ 50+ trillions. Just move over to digital currency and save the paper n ink. And charge negative interest rate and let the savers pay.
Does it matter what currency we use? The ocean's are being killed anything not owned is being destroyed. Single use plastic..must be taxed .
It is simple to answer. Soon as you realize that you don t have a dept everything will fall apart as it is.
I thought trump was a great business man he keeps putting the country more in depth seens his been in office
When you say dollar, you actually mean "petrodollar", correct? As in, USA + Saudi Arabia's partnership - which is never going away. Plus, the global dependence on oil is never going away either. At least, not any time soon.
Consider the new silk road & the Iran oil deal. Who needs the petrodollar when they can use a different currency & ignore US bullying & general fuckery. Don't get too overconfident lol
CHINA is the biggest consumer of Saudi oil now and the USA is exporting oil so the petrodollar will be dead in the next decade because its China will force the Saudis to accept Yuan and the dollar is finished.
@@domonkazu4518 "will force"?? LOL you are so naive..
@@TheMilpitasguy you idiot. China has the power to force Saudi because they are the biggest consumer of Saudi oil, thats the reason of the US-Saudi petrodollar deal exist because the USA was the biggest consumer of Saudi oil in the past now the USA has become one of the biggest producer of oil and they dont need the Saudi oil as much. The time will come that they will ditch the US dollar because the Chinese are forcing the Saudis to accept gold-backed Yuan against the fiat US dollar. Guess what who will win in the future lol.
Ashley Haadt , , , Sorry , , your data is substantially wrong , , !
Both parties are EVIL.
I agree.. it just number.... but what make me concern is the increasing un-employement... and current private sector.. are deficit.. include govt🤔🤔🤔😔😔
Wow, this was two years ago before the current president or the pandemic and it’s spot on!
They really dont have a clue
Jaxx Brat They don’t really know what the GDP is.
Actually they know the truth but can't say it to the public.
Pensions (social security) and medical (universal health care) are not the major drains on revenue they are large but the major drain is lowering business taxation and taxation on very high income earners and turning tax into VAT and GST and Sales Tax style taxation systems. The main reason why companies such as Apple buy back their shares is because they can do that without increasing their tax liability and they have managed to lobby to get tax policy to favour them compared to tax policy in previous decades in the 20th and 21st centuries.
Common talk....at the end if dollar inflates it is game over for US...
The US government does not care the debt figures as long as the Treasury Department printing machines are working well with full capacity.
Okay, someone got it (Doug Rediker). Technological decoupling. That's the only thing keeping the western hegemony. Not the financial system (not anymore at least).
Unfortunately, few understand this and its ramifications.
I agree with you
Lol reminds me of Globodyne 😂😂😂😂
Guys who have money buy gold not paper.
Gold has NO intrinsic value and its price is determined in US dollars...
not in Chinese Yuan, OPEC currency or Bitcoin...
when global markets target gold in a depreciating dollar environment - yanks will be out priced at the national level - Fort Knox is empty - that’s the real conspiracy 😂
Sub standard panelists until the very end. The last should be first.
Stop the wars. Normal? What is normal?
The US doesn't have a problem if the reserve isn't the dollar. Just pay a little more for our trade.
Not forever but for the rest of your lives.
Ditch the Dollar and you'll get your answer. Understand the word "Forever" and don't use it.. What an idiotic question. 👎
LOL .... 90% ratio? Debt to GDP is ok?
Twenty three trillion dollars is just public debt not including unfounded social liabilities. It is almost 110% of GDP.
Just let me watch Sandra, I don’t care if it is collapsing right now
Hilarious. Just watch what these clowns were saying before 2008 crisis. They did not have a clue then, they do not have a clue now.
Answer: NO . The world is tired of America goose stepping over everything. All good things come to an end...
Al Jzaeera, please correct the spelling of, "apart" (currently spelled, "Appart") from the thumbnail. It's very embarrassing for an English news program to misspell the lead-in!
This is why Gold is the way to go.When termite infested tallest dwarf goes down every fiat currency goes!
Yes take go to the grocery store and buy some food and see how far you get....dummy
How are these expert calculating the Debt to GDP below 100%. If you debt is about 23T and the size of the US economy for FY18 was 20.5T, and adjusted to Present Value would be around 21T that puts the ration at around 106%?!?!?!
Unlike other countries, the U.S. had a baby boom, a baby bust, AND another baby boom. For awhile, there will be high costs on the elderly; the next generation of elderly (the baby bust) will be tiny and easily supported.
So you brought Doug to talk about economic and financial issues and all he can do is praise the trump administration.
How do you become one of the chosen ones that gets paid to take free money? Is there some kind of conversion initiation?
@david stewart My tool of pleasure has been chopped already. I'd let them take a little more off the top for the described divine privilege. I don't really use that thing anyways. I need a new pair of boots.
Remember this trend of exponential debt started with the Nixon administration and the industrialization of China. Nixon took the U.S off the gold standard and opened the West up to China and cheep goods..........this began the downward trend in the ratio of productivity to wages. Productivity continued to rise as wages began to fall.
23 trillions?😱🙊
All empires fall.
Name of the show says why they have no clue about the world
The termites in the foundation(Financial foundation) is exactly what ,Sandra said, 80 people has the wealth of roughly 3 billion people that’s the termite,and none of these individuals up to now,really focus on that,yes that is going to be the downfall,are part of the downfall wow!!!!!
Don't worry about eternity. Just print while time is good.
Pretty sure she meant "best house in a BAD neighbourhood".
Life is what happens when your making other plans! “Assumptions “ are just that with limited incite with whoever pontificates!
"Nobody believes in RMB's value??" Let's look at some numbers. 20 mil people in Beijing and 25 in Shanghai, comparable to LA and NY. Average homes prices 1,200 per sq. foot. 1.2 mil for a standard 3 bd family apartment, comparable to LA and NY. Average car prices 30,000 USD, same luxury German brands, practical Japanese brands, and low end Chinese brands. China also buys half of the world's exotic cars like Bugatti and Bentley, and by far the biggest consumer of Channel, Louis Vuitton, Rolex, etc. 169 million Chinese outbound tourists for 2019. 2.8 million to the US, 20 big plane loads per day. On top of those, China still manage to keep continuous growth of its middle class and working class by innovations in all sectors of the economy and businesses. For instance, the nationwide universal electronic payment system increased consumer spending efficiency so much that a middle school graduated delivery boy now makes 1,000 plus US dollars a month in major cities. In 3-5 years, China will have real 5G coverage in its cities to allow Tesla driver-less cars, which now manufactured in Shanghai, and other automation. Who knows what un-invented things will come. The Trumps years propaganda to make China the villain promoted arms sales in and around the Pacific for the US weapons industry plus trade wars for delaying the dollars downfall to the ones who watch TV.
The Bottom Line....? the female guest is extremely pretty.
Pat TheHombre , , , , , Indeed , , and smart and the most important. full of humanity , , ! , , would love to read her book , , !
Bottom line: No
If money is paper and paper is made from trees then why should there be any kind of issues? Curious to know the answer.
Capitalism works best when the population is growing. This is the real problem.when I was born after WW2 the USA debt to gdp was greater than today. The country grew out of it by having babies! Actually the USA is a fairly young country today. The myth about boomers busting the SS system is not true. The millenials are the largest generation. Us boomers are dying off like flies! As millenials age they will be accused of "destroying" the economy. When Eisenhower wanted to build the interstate highway system they said it was crazy to go deeper into debt. These are the best times ever! Perhaps you would care to live like we did in the fifties. Oops no "smart" phone! many things for people to waste their money on!
Reading between lines
America is making or setting new rules of economic development and growth models,burrowing for not paying back
It doesn´t matter who´s gonny be the president,it´s all about the military budget and printing,and that´s gonna grow regardless
Pfft, if Bernie Sanders becomes president the entire world will celebrate and faith in the United States will be restored. The world is praying for another FDR in the White House.
Yes.
The risk is a lot higher? Yes that is right! The risk of making a lot of working people richer and better off as opposed to a minority
So how much is the max number till it’s tanks ?
Had high hopes for this....ignore because of first speaker. Not waistin my time.
The debt is 100 Trillion dollars, if you take "EVERYTHING" into account. America is BROKE!!!
Only when people loose faith in the dollar as the leading global fiat / monopoly currency.
At some point we the slaves won't be able to pay the debt to the Central banksters.
This group of hand picked financial experts / propagandists will never tell you the truth.
The real question in faith in the dollar is not a question of debt, but a question of confidence!!!
When people start stuffing mattresses with what they believe to be real money,,,,,
The question is....
What will they stuff they're mattresses with????
Will it be dollars or,,, hard assets?
Not just gold and silver.. ..
But daily commodities of real value, and or better stated utility!!
Food, energy, fundamental tools of production!!!
These are the real things of value that sustain life!!
No. Capitalism is dying. Rich is getting Richer and Poor is getting more Poorer. Soon China getting stronger, US$ will collapse.
where are the private debt? lol the private banking system related debt of us is in the hundreds of trillions.
Earth is moving.. get it.
answer is NO!
Tulsi 2020
US will last as long as the Nations of the World has use of it . D-Day for US is not too far out in the near future.
Is there a chance that goups of other countries will set up al alternative international banking/money transfer system that is not effectively under the total control of a wayward US president? A combination of EU, Asia Countries and India for example.
The EU can't even agree on a lunch order.
@@SilvanaDil A comment totally agreed by those who know nothing but believe they know everything. If you think that's trye and not just a cheap jibe then offer some evidence!
@@trevorellis1704 - As an American, I like my country's primacy. Do you seriously think that the EU is capable of doing something as substantial as the endeavor you suggest?
sorry to burst your bubble buddy the EU will always side with America
@@eduwino151 Really! Even with Mad King Trump in charge. How much tantrum throwing, bullying, and treaty-breaking will they put up with?
Sandra' Beauty and brains do go together. Lovely.
Downunder Aussie , , Indeed , , !
she is perfect, simping hard here
I think we will face big economic crisis soon bigger than 2008
The collapse of the Euro Ezekiel 7: 19 Psalms 46: 4-6 introduces a time of Great tribulation Matthew 24: 21, 22, 29, 30 when a financial tsunami wave moves all throughout the world at a time of wars Jeremiah 25: 24-26 and wrath Revelation 11: 18. It is also the 'sunrise' marking the arrival of Christ Malachi 4: 2 with brilliant light. My comment expands these events, which are written in God's word John 17: 17. 2Peter 1: 19-21
No, the federal reserve tells the truth
The dollar is going to be hit hard when the energy transition picks up steam. The moment oil, especially Middle Eastern oil becomes less important the dollar will loose its status of reserve currency. Just a question why do think the USA is making sure that oil from Iran and Venezuela doesn’t enter the market ? It’s is certainly not because of any threats these countries pose. Certainly not because the governments of these counties are particularly unsavoury. The USA deals with unsavoury regimes every day.
NONE of these people know who brad garlinghouse is.
Thank you for the presentation. I am glad someone brought up the inequality issue. I wonder if the speakers realize that much of this wealth gap has been created by the Federal Reserve.