US Debt Ceiling Crisis 2023 Explained | Why it's important | How it affects the economy
Вставка
- Опубліковано 27 тра 2023
- In this video, we will understand what the United States Debt ceiling is, why it is important and how it affects you.
#debtceiling #usa #economy
BRICS seeks to create a new currency, considering gold's historical role as a store of value and medium of exchange. However, the functionality and acceptance of a gold-backed currency in the current global financial system are uncertain. Creating a new currency requires careful consideration of economic, political, and logistical factors.
The discussions and proposals surrounding BRICS nations' potential use of gold are intriguing. People choose to buy gold for various reasons, such as its historical role as a store of value and medium of exchange, its potential as a hedge against inflation or currency devaluation, and its relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolios due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance, and financial situation before deciding.
@@richardhudson1243 I find gold investment reliable and aim to buy more to recover losses. Silver is also a good investment but differs from my collectibles. Clear investment goals and education are crucial. I work with Laurel Dell Sroufe, a SEC-regulated financial consultant. Starting with modest investments, I accumulated nearly $799k over time.
@@tatianastarcic How can i reach her, because I’m seeking for a more effective investment approach on my saving.
@@maiadazz Laurel Dell Sroufe maintains an online presence that can be easily found through a simple search of her name on the internet.
@@tatianastarcic Her website was easily accessible by entering her complete name into Google. So far, it seems fascinating. On the scheduled date, I will phone her and let you know how it went. Thanks
They will just keep on gambling as they have been doing for ages. But this time the bubble might actually explode because of dedollarization.
The financial sector and derivatives may have a Hindenburg moment if the US Treasury market collapses. Rising market illiquidity in the $14.8 trillion U.S. Treasury market, according to Bank of America, might affect other financial markets.
There are many opportunities to make fantastic profits, especially in this depressed market, but such complex transactions can only be carried out by seasoned market professionals.
@@ryan_dylan6650 I wholeheartedly concur, which is why I like giving an investing coach responsibility for making everyday decisions. Given their specialized knowledge and study, as well as the fact that every one of their skills is aimed on leveraging risk for its asymmetrical potential and limiting it as a buffer against certain unfavorable turns, it is practically impossible for them to underperform. Over the course of more than two years, I've worked with an investment coach and earned over a million dollars
@@debroahmorrow5919 I've been considering taking that path. I've kept a lot of stocks, but they're starting to depreciate, and l'm not sure if I should stick onto them or sell them. I believe restructuring my portfolio would be facilitated by engaging your investing coach.
@@danialwiren2403 Yes, you can use a search engine to hunt for Mayra Femia Hetrick. However, I'm not certain that I can bring this up. In 2020, she attracted a lot of attention. She manages my portfolio and serves as my mentor.
@@danialwiren2403 Her website was easily accessible by entering her complete name into Google. So far, it seems fascinating. On the scheduled date, I will phone her and let you know how it went. Thanks 🙏
अमेरिका में जितनी development हुई है और आज तक लोग जो स्टैंडर्ड के साथ जी रहे हैं वो 31 ट्रिलियन डॉलर उधार पर जी रहे।
You are an intellectual person; liked the video 🗿
Amazing content as always
One big factor not mentioned is why the debt is so high, $32 trillion. It is because the wealthy multi billionaire oligarchs and huge corporations aren't taxed at a reasonable rate. Often lower than the rate for their lowest paid employees. Due to loopholes, many pay $0.00 on billions of $$ in revenue. To compound this corruption, the accumulation of this debt is then paid for, or loaned back by these same wealthy parties at an interest rate of roughly 6%. So, in addition to not paying taxes, they are also profiting from the interest on the money they've loan back to the FED. Meanwhile, the interest being paid is ALSO ADDED to the current years debt amount, many $ billions. Massively corrupt process of enrichment off of the hard working taxpayers who get less and less in return for higher and higher taxes and debt. A country full of manipulated, blind, patriotic fools.
Dont forget its a Democratic country, so they definitely know what they are doing.
The total wealth of the Rothschild family alone is USD 500 trillion and they could easily bail out the US government. So the US debt crisis is no crisis at all.
@@morbidbushido "Democratic" ? When in most cases the voter is given a choice between 2 candidates who are both "sponsored" by huge $$ corporate and wealth class "donors" and a main stream media who either don't mention other candidates or else demonizes them as "unqualified" or "extreme" or "election spoilers".
@@morbidbushido it is an Oligarchy.
lolz you must not know how taxes and economy work.
As someone said USs biggest export is inflation.
Other countries are part of USA(United Slaves of America)
Amit ,sir please please 🙏🙏🙏🙏 upload regular video on topics like international relations, geopolitics and economic.
It is very helpful to my SSB!
Thanks for such clear and succinct explainer @Amit bhai
Very informative video
Can you make a detailed video of how this problem is linked to Ukraine funding with more elaboration
Weapons and ammunitions isn't free ... it costs alot.
The military industrial complex is laundering their money in the form of aid being provided to Ukraine.
Thank you for your time and effort! Your videos are simply amazing!
The video seemed to have ended abruptly without explaining many things like how dedollarisation will finally puncture US Debt bubble leading to massive US inflation and economic impoverishment of American population. It needs a second part
He literally just posted a 3 minute video explaining dedollarization. 😊✌️
It won't happen anytime soon. I mean in our lifetime.... So it was unnecessary
I don't think that will happen lol
Probably won't happen any time soon and even if did happen there is no reason to expect that it would lead to much inflation or impoverishment. There are some benefits to your currency being a widely used reserve currency but the benefits are fairly modest compared to the size of the US economy so losing those benefits wouldn't result in anything dramatic.
@@seneca983 private&public banking cartel called the federal reserve makes more money from interest when many countries are paying back dollars. Plus they can get away with more printing which results in less inflation when there's a demand everywhere.
But the "petrodollar" took a massive hit just by Saudi Arabia dedollarizing their oil trade.
Saudis are no longer an undercover 51th state commodity producer doing a favor to the fed based western financial system.
We'll see where it goes from here. The only real alternative can be a new international currency that doesn't exist yet like whatever the BRICS are working on. That currency can mean a serious global competitor that will unite an array of countries as competitors to the dollar reserve currency without any of them standing out as a competitive imperial power.
A truly decentralizing, multipolar move.
BRICS countries have already surpassed the G7 countries in GDP and there's a whole list of countries working on joining.
This will move forward and when it does it won't be insignificant. The dollar will continue losing its global share. In that sense and in the overall technological edge, production capacity, etc this century will clearly not be an American century. It makes me sad but after all the wars we've been involved in I think it's for the best as we have a lot of reflecting to do. The burden of proof is on the gvmts and it's long overdue for them to come straight and for the media to stop covering up shit and lying and manipulating the people. It's all very toxic and it can be seen everywhere. The US will clearly remain a superpower but the people are no longer the benefactors, those are only the corporations. It will have to get worse before it can get better because I think that the people have learned it's better not to know and keep on benefiting from the global hegemon status and IMHO it's a real ahole move to think like that. Arguably supremacist view that your average Joe here adopts simply for being a part of it. Idk, we'll see what happens
Crisp, simple and to the point analysis. Good Work
Crystal clear quality 👌👌
The US debt ceiling is fixed arbitrarily and will be raised again and again.
Of course its physically law and common sense.
Thank you Amit ji. A very clear explaination. I learned alot.👍👍
You are doing really great work 🎉 . Please keep going we will support u always.
Thank you 🙏🏻
Simple & to the point 😊
Good 👍
Nicely explained!!
*Nicely interpret*
Thank you for this info
Having a debt ceiling is kinda pointless when the American government constantly breaks them and still takes more debt. I mean. The only thing that will make them accountable at this point is when countries stop using their worthless fiat currency.
Thanks
The resource based economy is the only answer proposed by Jacque Fresco
Sir can you also explain the US ECONOMY & THE WORLD ECONOMY.. How will it look like & impact us if US defaults?
please discuss in depth about Manipur conflict... eagerly waiting for your view
I was wondering when this whole "fractional reverse banking" scheme that has been going on for over a century was gonna eventually implode. You can only create money out of thin air and loan it at interest for so long.
This is why a lot vloggers, and investors encourage buying crypto, gild, and silver.
Sir
Pls make a video on how printing excessive currency can lead to bad impect on economy such as inflation etc
perfectly explained.
I’m also The princess bride enjoyer!!
, , , , , , , , , THIS IS UNBELIEVABLE TRUTH,
With liberty and justice for ?
Democracy ? Human rights ? United Nations ? Equal Rights?
Amnesty international? World Justice ? civil rights ?
one question To The world ? every human has the right to live in the world ?
Good Job For Every one,
God Bless America & world,
👌🙏
👏👏💗💗
Sir mi teaching is very excellent please explain history polity economy NCERTS Complete lessons please sirr
Sir please make video for India's new parliament
The US has zero intention of every passing is debt down.
Mr.Amit you have unveiled the Top SCO secret mission postulated by RUS, IND.
Mavulaga undadu mari 🙏🏻
💞💞💞
Clearly explained!
I think they already have solved the problem with both parties struck a deal, and the debt ceiling has been raised to $48 trillion.
I elaborated on the concept of a debt ceiling crisis and its implications.
The problem isn’t solved yet. They still need to pass some laws to stop defaulting on the debt in future, they have just delayed the consequences
@@amitsengupta01 Sir , generally I follow every video you have uploaded Because your analysis is Superb and very knowledgably , but this video seems like Reuploaded. and I did not see any improvising . plz tell us about this
@@vaibhavsharma3082 When creating longer videos, often crucial subjects within the content are overlooked by many individuals due to their limited attention spans. To address this issue, I extract these significant topics and present them as separate videos.
@@amitsengupta01 thanks for reply
yes you are Right due to limited attention sometime videos are separated into parts.
There seems to have some problem occurred while uploading this video, since there is conclusive inference drawn.
Sir, If possible please make a video on UPSC prilims 2023
Bro do video about Qatar arrested Indian army and Qatar relations with India
The bubble cud burst anytime. Now the question is not if it's gonna happen or not but when.
Jai guru good morning sir always extra ordinary video you are our role model 🙏
Re-uploaded?
Sir , please make a video on Erdogan 's victory in Turkey election and why he won as well as its consequences.
De-dollarisation is inevitable it can not be avoided nor stopped
But it take some time
2:50 What you're saying about Japan isn't really true. During its rapid growth, Japan's debt-to-GDP ratio stayed fairly low and only started grow once the stagnation and so called "lost decade" started.
Amit Sengupta sir mujhe apke jaisa editing Sikh na hai kha se sikheyyyy
African countries should also introduce debt ceiling
Estic molt content perquè rebo 33.000 dòlars cada 12 dies de la meva inversió.
COM! Us agrairia molt que em mostreu com fer-ho. Si us plau, pots enumerar les plataformes?
He pogut fer créixer la meva cartera amb l'ajuda del meu corredor Vince Gilligan.
El seu flux d'ingressos comercials és al·lucinant, també negocio amb ell. He guanyat 62.000 dòlars fins ara negociant amb la seva orientació/assessorament
Espero que ho entenguis perquè el comerç de bitcoins com a risc val la pena. Warren buffett també ho va dir perquè estàs creant riquesa.
@Максим També necessitava la seva informació, em posaré en contacte amb ell ara mateix.
🙏🙏🙏🙏👍👍👍👍👌👌👌👌
Sir puri dunia hi debt me haisamj nhi aa rha iss duniya me kon hai jo itna loan de rha ...😢
It ha become ceremonial for the USA debt agreement for extension. It is more important than independence day of usa. 😅
Reupload?
Sir, it's not related to this video... But sir kindly tell me, our new parliament... And what is sengol... What is past about this... Briefly explain this sir...
Sengol, Tamil king ( chola) who built the Thanjavur temple, which is still over 1000 years. While ruling the tamil, he would use "sengol" as symbol to ensure honest and justice provided to everyone.
Answer to your questions on PM Modi's UA-cam channel
@@TheRealCaelestium I watch that video in Modi channel but there is short type explanation... I want brief type... Upsc purpose
We are on ponzi system 😂
Can you design a new economic system for India? Can you write your own book? A new thought
The video ended abruptly.
Sir please add subtitles
Hurry up and default. Uruguay wants to buy some cheep navy ships.
How will America can pay this huge amount of debt
no one can, but they just keep spending
America intends to bully its way out of their debts in perpetuity.
They don’t
lol they export their debt to others like us...
they will print more Doller
Fed Chairman : F&%$@ all spectacles , give us one more month time by the time we gone print 32 trillion dollars. that's it all problem solved !
hello
Ok, so now I understand why our troops are going back to Iraq.
Even after all this debt why US get high grades in Investment?
Because rating agencies are American or British.
The US will just keep on printing paper money.
Re-upload?
yes it is re upload video
When creating longer videos, often crucial subjects within the content are overlooked by many individuals due to their limited attention spans. To address this issue, I extract these significant topics and present them as separate videos.
@@amitsengupta01 G
thats the problems with Trouble Sam, having tons of problems. Instead of solving them ,still goin around the world creating/causing troubles. And the leaders from both parties are living ib Disneyland still thinking they in the 80 s ,strong and mighty lording over others.
Funny blood money.
everyone that is feeding from US dollar is complicit in Ukrainian and russians deaths, may Karma get back to them.
My question is, from whom USA have borrowed 31 trillion dollar? If it has borrowed from itself then why it need to pay it back? Please provide more clarity?
Got it, Thanks to chat GPT:
The U.S. government borrows money by issuing Treasury securities such as Treasury bills, notes, and bonds. These securities are sold to a range of buyers, including individuals, domestic institutions (like banks and pension funds), and foreign governments or investors. In essence, the U.S. government borrows from a diverse set of lenders, both domestic and international.
Politicians doesn't rule united states but wealthy people does
scam is said Alice in wonder land must get noble better to shut
Why are usa pumping billions and billions of dollars to Ukraine. Are they paying free or in loan.. please explain
It's aid, donation.
Aid donations to foreign countries' but tell American citizens whos forced an free labor built this nation that they don't have the funds to support reparations? So are Ukrainians now lazy people an just want free money an handouts under the label of aid donations? Well, in that case, we don't need reparations at all, what we need is hundreds of years of unpaid social and economic aid donations. I don't hear anyone complaining about where American tax dollars are going when it's being given to the Ukrainian government for free. Hypocritical Americans.
They are 😅😅
But our current generation is busy in twarking and besides that our new generation has a new challenge infront of them, they still aren't able to figure out those extraterrestrial genders that they belong to 😂
Amit you never cease to say something really stupid, or it is just a stand up comedy? US did not spend money in Ukraine they just lease some old equipment which has been hanging around. They boosted their arms export and in total it has been the best investment they could have done.
raised already. you are too late
I like it how u represented Democratic Party As Jackass😂😂😂
They are the official symbols of both parties. Mr Sengupta hasn't invented anything.
en.m.wikipedia.org/wiki/Democratic_Party_(United_States)#:~:text=Cartoonists%20followed%20Nast%20and%20used,opposed%20to%20the%20Republican%20eagle.
Okya No Problem Anyway they are Acting Like jackass. So there is No such problem in it They are Financing a War with the Cost bringing Global Crisis That is foolishness
will Crypto benefit if USD depegs?
They have raised the ceiling 78 times....this will be the 79th time they do that....i dont understand why all this unnnecessary drama is taking place.
Edit - just saw it....they raised it again...😂😂😂😂 shocker
Thank you for this info
African countries should also introduce debt ceiling