US Debt Ceiling Crisis: $1 Trillion Aftershock? | Vantage with Palki Sharma
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- Опубліковано 18 тра 2023
- US Debt Ceiling Crisis: $1 Trillion Aftershock? | Vantage with Palki Sharma
Wall Street is bracing for a $1 trillion aftershock even if a deal is struck to raise the debt ceiling. Why is the global economy being held hostage to US politics? What does it say about American leadership? Palki Sharma tells you.
#usa #debtceiling #usdebt #biden #g7summit #g7summit2023 #firstpost #worldnews #internationalnews #trendingnews #internationalnews
US | Joe Biden | G7 Summit | Hiroshima | US Debt Ceiling | Federal Reserve | US Congress | Republicans | Firstpost | World News | Global News | Latest News | International News
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost.
Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives.
The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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Flashback with Palki Sharma:
ua-cam.com/play/PLEVkQGIATCXLJLVyPJAAUuIEUbdkyZiEq.html
Between the lines with Palki Sharma:
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......19th century Indians never change mentality....British slavery( Ghulam) democracy made India a poor country now...
...America is using India against China now ( Divide and dominate policy of USA)..
" India is still American slave and Ghulam country "- Russian Foreign Minister...American propaganda media against China is ruling over 1.4 billions Indians minds now..
....
Maybe America should take all their gays and generate a renewable power source by making them all have a big orgy and harnessing the heat from it, I mean, debauchery and sin is what they have a surplus of.
More Palki Sharma? No thanks. You guys have no clue about overkill. Bad marketing or you are deliberately trashing Firstpot.
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Thank you so much for the advice. Your coach was simple to discover online. I did my research on him before I scheduled our phone call. He appears knowledgeable based on his online resume.
Don't fret, the debt ceiling always goes up. I wonder if 2008 crisis survivors had it easier. I'm concerned about the stock market, I've lost $35,000 this month, and my income is down. Worried I won't save enough for retirement as I can't add to my savings.
Save at least 20% in your 401(k). Use online calculators to determine your ideal contribution based on age and income. This strategy ensures a comfortable retirement and capitalise on compound interest for growth.
Amid the complexity since 2009 and Corona, consider diversifying your portfolio. A colleague grew hers by $160K with defensive system and an advisor in this turbulent market.
Can I request your recommendation for the coach you're currently using?
My advisor is Stacey Lee Decker, a highly respected professional in her field. I encourage you to delve deeper into her qualifications. With her extensive experience, she is an invaluable asset for anyone seeking to navigate the financial market.
Thank you for the advice. I had no trouble locating your coach, and I conducted thorough research on her before arranging a phone call. She appears highly skilled based on her resume.
Despite the fact that I invest, I am saddened by my inability to assess each company's performance and decide whether now is the right time to buy stocks. Inflation is reducing the amount of money I have on hand. I now require precise market trajectory data, but I'm not sure what to do about it.
There are many opportunities to make high profits, especially in this poor market, but these complex transactions can only be executed by seasoned market professionals.
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@@harod033 I've considered making that choice. I've been holding onto quite a few stocks, but they're beginning to depreciate, and I'm not sure if I should keep them or sell them. I believe that engaging your investment coach would aid in my portfolio reorganization.
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The media is currently barraged with a lot of economic data right now. It takes a lot to see beyond the whole ocean of news on focus on what is important, which is that no matter how low stocks go, they always bounce back. I really ignore all the news and keep investing. I recently allocated about $121k to put in the market as we anticipate a crash. Any recommendations?
Be careful not to jump into trading without any proper training because it can be very detrimental. Many folks jump into trading only to suffer great loss at the very beginning. Do not try to imitate advice you get on the internet. Better still, ask questions. Get the services of a professional stock expert or a licensed broker.
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@@FeliciaJudge Yeah, this makes sense. You'll tend to get a lot of recommendations, but most would be inaccurate. I personally don't like engaging in those mundane decisions, so I just allow a wealth manager do them for me. Been doing that since 2020, and have pulled in a cumulative of more than $213k.
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So funny. They have no cash but they have just enough to send to Ukraine.
🤪🤪😂🤣😁🤣😂👍🏻👍🏻👍🏻
you are thinking They know no real danger they are the world reserve currency they can print as much money they want and the rest of the world pay for it ,So what is oll the noise political theatre
It's funny how republicans have enough money for stealth fighter jets but not enough money to get their troops off of food stamps by paying them a decent salary.
According to certain economists, it's possible that the U.S. and certain parts of Europe might experience a recession at some point in 2023. Although a global recession, which is characterized by a decline in annual global per capita income, is relatively uncommon due to the faster growth rates of emerging markets like China, in comparison to developed economies. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to $250,000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?
Currently, my primary worry is how to increase revenue during periods of quantitative easing. I cannot afford to witness my savings dwindle away.
@@corrySledd It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
@@AUstinnesc How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings, IRA and 401k accounts.
@@McElvinn Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "NICOLE DESIREE SIMON" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
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Sending billions to Ukraine was a mistake, this will come back to haunt the United States.
they miscalculated.... when the US have money problem they start proxy wars somewhere........they were sure Russia would lose.... do you rememeber Biden;s speech in Poland at the beginning? one dollar = 200 rubles, everything collapses, civil war in Russia and hello 90s again when Americans stole from Russia everything they could..... nothing of that has happened...."bad investment" from the US...... instead hello default in the US, banking crisis in the US, crazy inflation in the US, dellolarisation all over the world..... I love it:) what goes around, come around! From Russia with love:-)!
U know America will prefer to starve or let their people eat grass just to keep the war in Ukraine going 😂😂😂😂
@@aminuaidara8601ok..... up to them..... cows say grass is tasty:-))))
It's the least they could do after they manouvered Ukraine into that position. America is fighting Russia to the last Ukrainian standing.
It's only Monopoly money when you own and run the printing press. Until the day of accounting.
If the USA would concentrate on their own citizens and stop sending millions of dollars worth of aid to Ukraine maybe the USA will be in a better place. I’m sure when the elections come around the American citizens who are lost in poverty and homelessness will remember it,
Exactly
Yeah but, ideology and fighting a political, ideological war is much more important than safety, stability for their own people. This is the true face of polititcs and has always been - democracy same as monarchy, people have never mattered it's just the ego game the people at the top play. I feel for all young men that were sent to wars and die horrible deaths just for the same reason. Or their families, or the women and children who had to suffer. We're told they are heros, defending "our" country, but to the people in charge, they've just in pawns in their game of maintaining their own power.
That is billions to Ukraine and illegal immigrants.
None of the presidents are good. So we don’t know whom to vote!! They don’t know their jobs
@kimcissell1905 They already gave Ukraine $150 billion dollars. My tax dollars well spent.
In spite of how everyone is frightened and calling the crash, there is already an excessive amount of demand waiting to absorb it, which is another reason it's less likely to happen that way. This forecast was not made in 2008, at least not by the general public, as I will explain below. The ownership rate peaked in 2004, according to the other comment. We reached a peak in the second quarter of 2020 and are currently at the median level. From 2008 to 2012, it fell by 3%, and in the second quarter of 2020, it dropped from 68 to 65.
Bullshit scammers
The billions spent on funding wars overseas could cut down on some of these debts.
@samdope1865
You have a point
The wars overseas are actually earning the US money. They say that they provide arms to Ukraine for example, but NATO is actually paying for those weapons - and who manufactured those weapons? The US. It's definitely not free.
Quoted from a news article:
Top European officials are furious with Joe Biden’s administration and now accuse the Americans of making a fortune from the war, while EU countries suffer.
“The fact is, if you look at it soberly, the country that is most profiting from this war is the U.S. because they are selling more gas and at higher prices, and because they are selling more weapons,” one senior official told POLITICO
Trillions not billions
I wonder if the people who lived through the financial crisis of 2008 have lived through it more easily than I have right now. The market conditions these days are causing me a lot of stress, with my portfolio having been hit hard over the last few months and my profits decreasing. I fear this will hamper my retirement plans as I am unable to increase my stagnant reserves.
Even in this whirlwind, there are chances to be had, thus an increase in volatility is not always a bad thing. You have an opportunity to rebalance thanks to volatility. In order to help you diversify your portfolio, you must hire a financial counselor or broker.
I suggest you create a diversification strategy as building a strong financial portfolio has become more complicated since COVID-19. Recently my colleague advised me to hire an advisor, surprisingly I have accrued over $120K under the guidance of my coach during this crash. She figured out Defensive strategies to protect my portfolio and make profit from this roller coaster market.
@@CharlotteBrian I’m new to all this, heard it's a good time to buy and basically, I've just got cash sitting duck in the bank and I’d really love to put it to good use seeing how inflation is at an all-time-high, who is this coach that guides you, can I look them up?
@@JeffreyGary8 Mariam is known for her proficiency and expertise in the financial market, “MARIAM SANDRA MILNER” is my financial advisor, she holds a broad understanding of portfolio diversification and she's recognized as an authority in this domain.
@@CharlotteBrian I just looked her up on the internet and looked into her credentials. I wrote her a letter outlining my financial objectives and planned a call with her.
Consequences of funding Ukraine war. Deal or no deal. Trouble anyway!😂
During a bear market, the headlines will focus on negative news, whether it's declining economic growth, geopolitical upheaval, cultural and legal turmoil, or some combination of all three. I listened to a podcast of someone that grew his reserve from $120k to almost $460k during this Red season, can you share tips on how to make such aggressive proceeds in short periods?
Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.
I agree, having a brokerage advisor for inveesting is genius! Not long ago amidst the pandemic crash in March 2020, I was really having inveesting nightmare prior touching base with a advisor. In a nutshell, i've accrued over $550k with the help of my advisor from an initial $120k investment thus far
@@patrickbrussels4454 that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.
@@Erikkurilla01 *STEPHANIE KOPP MEEKS* is the coach that guides, you probably might've come across her before I found her through a Newsweek report, she's quite known in her field, look-her up
@@patrickbrussels4454 Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé
For starters, decrease the early retirement payments to allllll Washington Politicians.
2nd, scale back all the costly perks.
3rd, take away their Families perks.
Lastly, confiscate all the millions they made via inside trading , kickbacks & Bribes from major companies.
Wishful thinking 🤔.. but I would pay to have a seat up front to watch that happen
Poor Nancy
If military spending is cut by 50%, the U.S. would be able to repay its debt in 70 years, assuming no interests need to be paid.
Why not print an infinite amount of dollars and pay off your debts? I know i sound ridiculous and so does the United States's financial departments.😃
Then it will be toilet paper
Both parties did that. That is why price of a car is 100k nowadays!
This is what they have done and what they will do. There are no takers for the dollar. It's already TP.😅
And simple force the rest of the world to pay for it, the cant say no
Don't give them ideas mate.
Ukraine took the cash! Now Zelenski is on world tour🎉
And his wife on a big shopping spree
😂
He will be on vacation till entire Ukraine is reduced to rubble!
He has an offshore acc
😂😂😂😂
1. Delaying the payment, means you default
2. Not pay the debts, means you default
3. You asks for time to pay the debt, means you default
4. Pay the debt by using debt, means you default
If you want to buy treasury again than you are in the ponzi scheme
Only China can help 🤣🤣
@@bichchan7268 no China is already has its own problems. No one can now😂
@Bich Chan I think China has already bought trillions of US treasury bonds.
Do the government have a credit score too :P
@@theinsight my understanding is they do and if they default it's no bueno for them.
Scrapping the debt ceiling is how Australia lost its sovereignty.
It would also asssume that the U.S. can continue to sell treasury bonds while increasing interest rates to repress inflation.
This is what caused the recent major bank failures and would likely crash the entire system as well.
Fact is, there is no answer to it. We've spent too much money and when you've spent toomuch money you are just plain in trouble.
I wonder which dumb countries would buy those treasury bonds in Trillions 😂
Exactly! Reckless spending spree, bailing out, sending billions abroad and family members to pocket a portion of it should be crimes!
India and China 😂
@@prabhakar0076 Exactly 💯
@@prabhakar0076Taiwan can help!
There's no slowing down the USA debt crisis. This week they gave away 4 F16 fighter jets away, 4 billion each.
The big shock on 1st of June...something catastrophic like the Great Depression of 1929
There will not be any shock in 1st June, they will pass the bill. But after months effects will be horrible.
@@juliam1395correct just more inflation to come
I am very confuse here.please someone explain.
Why can't USA for once decide and say ok this year we will spend say 500 billion less on overseas drama and invasion.
Why it's always about raising limit for borrowing? And in today's scenario who's going to buy US treasury bonds Wirth billions or trillions to Fed but toilet paper to world?
I read or hear someof the portal that US has done this raising of borrowing limits many times in the past.
So practically all US wealth(so called) and power is on BORROWED money?
Yes, living on and going to wars after wars for all these years with borrowed money. That's how they accumulated over $31 trillions in debts!
The president really didn't thing it through, when he was sending over a $100 billion to Ukraine. Even worst was that $1 trillion bill they passed a few years prior. At least, what we now know, is that they are good at overspending, and terrible at being accountable for it
USA was In depth over $32 billion dollars when G W Bush was in before 09/11
It is about $30 bilions in aid that they send to Ukraine right now. Dont forget this bilions is not a donation but lend leas
@@uckthis8079 they sent Ukraine government over $200 billion dollars in weapon money and forces to
They do this every year and at the last minute they always cut a deal. Just theatrics by both sides.
100% true
Hopefully there is no deal this time.
Why do I feel that every year this debt ceiling talk repeats itself it’s the same story every time
Last minute deal is done
Political theatre Democracy !!!!!
Hopefully this time is different. No deal.
Give more money to clown zelensky
What?
When he/she heard US Aiding 3 billion to Ukraine , and he/she concluded instantly that US give "money" hahahhahaa.
😂
Your reporting is clear and to the point thank you. Refreshing to watch your broadcast
Did you finish school?
@@ramdev9578 do you sh.&t on the streets over in pakshitstain?
How they don't have a yearly plan for what they will borrow? The luxury of being able to print currency has made them indisciplined, much more than other governments.
Hopefully de dolarization will help US to become more disciplined.
Maintaining 800 military bases with no real practical use is causing US to go broke. Now you have the army , the navy , the air force for which you provvide salaries , training , food , healthcare , weapons maimtenace, security , fuel , ammunition for traininhg .. These is in no way sustainable and the US is bent on stretching its limits. While other sectors provide something in return ,military personnel usually are only a liability. Thats the reason most modern nations have cut back military spending drastically.
You forgot to mention the money spent on comfort women.
@@kswong8560 😅😅😜😅
Cutting defense is the only answer 😤
Just walk away from the war in Ukraine 🇺🇦 cut your losses. It's a loosing battle.
"But for this idea to work you need rationale, responsible leaders. Unfortunately, the US has none."
No one understands this less, than American voters.
More printing of money and kicking the bucket under the bed of debt.
Both parties were responsible for this due to their years of irresponsible governance, irresponsible spending and now irresponsible solutions.
Actually Biden and Obama are the walking disasters where the economy is concerned. And Biden is trying to start WW3 too.
Karma always bite hard on those evil countries 😅
Dollars are trash!
When they used the gold price as the stabilizer it was ok. But nowww😂
That is the problem of america no back up gold
There a Colonial Mindset behind Debt Ceiling. US will still retain its super power status , as Usual Developing countries suffer paying for Petro Dollar
The US is a kinder garden !
In the end, they will definitely raise the debt.
You bet! It's just a circus freak show.
Who will pay this, debt, it is everyone in the world, as long as they do bussiness in the currency. The commodity is that, and it will be marked up.
Don't worry, They will raise the ceiling. Politicians have to get themselves pay. It just show at the moment. So media have something to report.
0:09 -- "He s physically in Hiroshima but his mind must be Washington".. Well, knowing Biden, i am sure everybody is trying to figure out where his Mind ACTUALLY is.. forget Washington.. :D
The US has experienced past defaults and is likely to face future defaults. Capitalism operates in cycles of prosperity and downturns, causing the m̶i̶d̶d̶l̶e̶ working class to suffer losses while enabling the wealthy to acquire assets at low costs. This cycle perpetuates ad infinitum.
Really... “The U.S. has never reached the point of default where the Treasury was incapable of paying U.S. debt obligations”
Lol another I.d.1.0.t. Who. Pretends it knows Latin.
Thank you for simple explanation!
Zelensky : Ukraine wants more billions pls......
here's how it always works. republicans will agree to raise the debt limit today for promised cuts tomorrow. cuts that never come. we will be back here again in very short time.
what country's are so stupid as to buy US debt? the default is inevitable.
Remove the 'debt ceiling'? Then the value of the US dollar will crash.
For how long??
This isn’t a permanent solution.
Removing the debt ceiling is pushing it to infinity. Not wise.
You know we cannot ever pay this debt it’s no different than you raising your credit limit on your credit card and the bank is crazy enough to do it and you work part time in a fast food restaurant with a half a million dollars credit limit as we all know every action has its consequences this is going to be when and how hard no matter what the so called educated experts say for they most likely won’t be around to see it or make it worse 😢😢😢
His mind isn't in Washington. His mind is pudding.
Excellent journalism
Bring the money out and then chinies will dump the us 💵. Then a huge shock 😅
I’m favored ,$121k every 4weeks! I can now afford anything and also support God’s work and the church
Quite impressive but how!!?know it’s possible, my colleague at work got her first investment return of $35k after two weeks and she quit the job, I would appreciate if you show me how to go about it...
Yeah ,180k monthly profits! thanks and God bless Mr Thomas George trading services.God gave me vision about him!!
It sounds good , hope you wouldn’t mind to tell me how to go about profiting that much just like you do?
I’ve been hearing lots of good things about trading & investments with Mr Thomas George and how good he is and how he keeps changing lives of his clients around the world...
I’m successful today thanks to Mr Thomas George
The solution of Debt ceiling problem of US will be solved by printing more money US dollar! Now adays you cannot see old dollar bills in the banks all freshly printed k!
They have no cash, but enough to send to Ukraine, bcoz it's digital. 😅
Thanks a lot Ms. Palki Sharmaa Ji!
"கடன் வாங்கிக் கடன் கொடுத்தவனும் கெட்டான்;
மரம் ஏறிக் கை விட்டவனும் கெட்டான்! " - - தமிழகப் பழமொழி!
"The one, who lent the borrowed money is doomed to loss; just like the one who is climbing a palm tree opens wide his hands midway!!" - Proverb of Thamizh Naadu.
Maybe the US should ask Uraine for a rebate.
Oh palki you are the best!!
He's physically in Hiroshima, bit his mind is in Washington. Wrong, his mind is already gone.
The remaining dollar is saying bye bye to the US.
It's not debt ceiling, it's printing ceiling. Lol
In way - you are right.
Who would borrow these government money?
Jamaica and usa have many things in common but debt is not one, they are going up, we are going down.
Russia forgave African debt
US is in Dollar Printing crisis not liquidity not borrowing 😂😂😂
I don't want to see Americas failure but I need to see multi polar world economy.
Where was the hypocritic debt ceiling issue in granting billions for war mongering in Ukraine, Syria, Libya, Iraq.............all the way to Vietnam?
What’s a debt ceiling??? Ms Palki has the definition 🎉🎉🎉
Great report!
Both parties spend like there is no tomorrow ... Taxpayers can just watch.
They can send 2 trillions and print it. What a ponzi
No politician in the U.S. want's to underspend. One party is just less of a drunken spender.
moral: instead of resolving neighbour's problem , you gotta deal with your ones first
So when does the borrowing end?
Let's say they increase the debt celling, then what?
What happens when they reach the new debt ceiling?
How much do they need 10 trillion? 100 trillion? a quadrillion?
The question is when is enough, enough?
Hello
The richest and most powerful country the world can't afford to pay basic salaries... Who would have thought that mathematics does not exist.
India should learn it's lesson from this.There is no point spending on building it's defence infrastructure, based on it's imaginary threat from neighbours.
Great video Palki Sharma
How much debt does America need to carry? It's at $32+ trillion now. $100 trillion, $200 trillion? When is it finally realized as insanity for any country?
Everyone needs to brace themselves the plane just lost their engines and it’s falling down , keep calm and hold your oxygen just don’t panic.
Debt ceiling drama in previous presidency didnot follow with dedollarisation. This time is totally different.
Just yearly drama but I wish it was real🤣 to show the whole world what a super power can do. India service jobs would crash, EU, South America, Africa. Everyone would feel the pain. 2008 times 100.
May be USA should hire some economy experts having experience in Indian economy. They might as well sell Alaska to Canada. 😂😊
Huh? The US Debt Ceiling Crisis drama hasn't ended yet? The debt ceiling will be raised as before, no cliff hanger.
Why wouldn't they print more dollars as they hav been doing all this year's.... of the US dollars is back by nothing right😊😊😊😊
They are talking about that only to increase the limit of printing as they have reach the limit they had set..
I am no expert i could be wrong.
problem is saving, cut spendings... US Debt Ceiling lifting means that it don't really cut anything, its just increase the spending, and more in debt by borrowing
If Australia is without debt ceiling, then what keeps them from overspending? It sounds like Australia would be a juicy target for a debt trap, whether from the likes of China, or someone else.
Australia is not printing money - yet so isn't as bad as US.
@@zoek1133 - all that's required for money-printing is Leftist govts wanting to hang onto power. So Australia is already on that track. Without a debt ceiling, they could plunge off a cliff.
Oh please. Don't cliche debt trap with China. Australia is more indebted to the USA by choice. Can Australia afford to antagonize the USA the way it does to China?.Obviously not.
Good god... do you know nothing about economics?... “Only Denmark and the United States have a debt ceiling that is set at an absolute amount rather than a percentage of GDP”.... further, overspending isn’t prevented by a debt ceiling... the US has a debt to gdp ratio of 120 plus % , Vs Australia’s low ratio of 40 odd %, that’s 1/3 the ratio of America’s debt, so their debt ceiling hasn’t stopped the US from overspending, has it?
@@zoek1133 LOL google Australian dept clock have a real good look
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It's amazing to know that Joseph has had an impact on people other than myself.
Soon US dollars will priceless. The sun always shines from the east ,down to western,that the truth.
They already agreed to increase it
Why don't they borrow money from China.
China knows wisely the only result investing in a loss is a loss return and the USA heve been septics to the Chinese so why should they bother the USA has no manners
US print money at it's lesure, it creates own debt ceiling. So no problem.
The U.S. government is in fact bankrupt, and the U.S. plans to raise the debt ceiling from $31 trillion to $51 trillion this time. The U.S. Treasury 10-year interest rate is currently about 4%, but the U.S. inflation rate last year was about 8.5%, which means that the Treasury interest rate and the inflation rate is inverted, which will lead to the U.S. even if the debt issued at the current Treasury interest rate is difficult to sell. Even if sold, with the current interest rate of 4%, if the debt reaches $51 trillion, the U.S. government's annual interest payments will reach $2 trillion. At the same time, the U.S. fiscal revenue in 2022 is less than $5 trillion, so deducting the $2 trillion in interest on the national debt, there is less than $3 trillion left. And the U.S. fiscal spending in 2022 reached 6 trillion dollars, so that each year and add at least 3 trillion new debt. So repeatedly cycle, the United States can only enter the death cycle by issuing new debt to pay off the old debt.
Republicans are going to approve increase of ceiling.
No problem.
How is he able to travel when they don't have Money to pay
Who are they borrowing the money from? World bank? What is World bank? It's JUST A NAME...go ahead print more money as much as you need, whole world will be happy anyway!!
Everybody will wake up on 2nd June 2023 and have a laugh. They are only playing games in the senate and traders are selling short.
Politicians not being paid a salary!!! This cannot happen. They will talk and talk and in the last hour will definitely raise the debt ceiling. They have to and will do so because they cannot miss out on their pay.
They are fragmented, they must have a cohesive approach
Down they go
Even if they raise the debts ceilings, whose goings to lent them the money? 😂😂😂