BREAKING: The Date Of A Government DEFAULT Was Just Released

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Cameron Long
 

  • @Tacman556 says:

    This is why they let Trump win. Hold the bag = loser

  • @gantech7788 says:

    Goog thing we have a president tha told people underwater on their house to leave the keys and walk away. Leaving it for the bank to sort it our.

  • @redhandsbluefaces says:

    The question then becomes: will they raise the debt ceiling again or finally take the hit so we can build a better financial system?

    • @benjackson8103 says:

      🤣🤣🤣🤣🤣🤣

    • @JRGUSC says:

      Whatever political party decides that will never be in power again for half a century. Neither side wants that.

    • @johnnybeefum says:

      what if they just spend it all on eggs?

    • @1philliph says:

      There is no going back.

    • @1philliph says:

      The debt ceiling will be and always has been raised as long as the mathematics works for it to do so.
      This was never a sustainable, long term course of action, but it works while it did, and the vanishing point was always a long ways off.
      Covid played it’s part in bringing that vanishing point forward.
      And here we are.
      If you think Trump is coming up with all these seemingly crazy ideas about Canada and Greenland, think again.
      The American machine is driving this, and Trump is the potential fall guy.
      Buckle up people.

  • @quixomega says:

    Debt limit means nothing, it never has.

  • @twitafftwitaff7029 says:

    They print it and de base it. 🤣There will be no default. Just a spiral of the consequences emitting from more printing.

  • @Donny-z9u says:

    George managed to offend just about everyone in this video lmao which is awesome. I lold hard

  • @gringadoor5385 says:

    Debt ceiling is BS. Is this just for clicks George? Nothing burger video.

    • @mr.c332 says:

      lol How could a debt ceiling be BS? That’s like saying there is no debt. So, the debt can reach a quadrillion, how about a zillion? Get real. The logic means, the debt has to be either paid or a default aka a bankruptcy. To continue to raise it means that it is unlimited, which means it is not a debt. A debt never paid is not a debt, it is unlimited money.

    • @craigmcpherson1455 says:

      ​@@mr.c332What you said is what he is saying. Imagine reaching your credit card limit and just having to call them up and ask for a limit increase to keep using it.

  • @renaudadorno says:

    One important thing though: technically, the money doesn’t come from the TGA. Spending comes first (printing digits), taxes and bonds come later. TGA is just public accounting

  • @p.thakkar says:

    11:02 but as you said George, no matter who is in Oval Office, they will spend to infinity and debt ceiling will increase.

  • @EsotericResearcher777 says:

    We need a BLANCED BUDGET, not another debt ceiling!

  • @buzzcrushtrendkill says:

    Congress is guilty of dereliction of duty. No longer submit a spending bill on time. And can not submit one within the budget. Over spend by $2trillion a year. And they are never held accountable for that.

  • @InvestByCycles says:

    Wile E. Coyote going off a cliff looks like what happened to the DJIA today.

  • @bettywarren1559 says:

    Heard that 67 times already!

  • @dontrushtohate says:

    I’ve watched this guy for a few years now and I don’t think he’s ever been right on anything.

  • @benjaminpettibone4254 says:

    Debt ceiling doesn’t matter? Tell that to the average American where the US debased dollar hardly purchases a lollipop. One US dollar use to be equal to a full ounce of silver. Now it takes more than $35.00 to purchase an ounce of silver. Debt ceilings matter because consumer’s wages don’t keep up with the debasement of the US dollar’s rapid loss of purchasing power. The faster the dollar loses value, the more potent the sting of consumers trying to afford just every day needed items for survival.

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  • @8076odju says:

    How to tell you voted for Trump without telling you voted for Trump xD

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  • @georgedavid3815 says:

    Are you kidding us? They ALWAYS either raise the debt ceiling or pass a continuing resolution.

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