BREAKING: The Date Of A Government DEFAULT Was Just Released

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https://www.youtube.com/watch?v=EFFyY4U6DVo

Cameron Long

Cameron Long

Cameron is a seasoned CFO and CPA with 31 years in finance. He created the AI Trader's Playbook to help everyday investors use AI to find high-confidence trades — in minutes, not hours.

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49 Comments

    1. Back in 2016, I observed that he is God’s perfect scapegoat. For the next four years, I was quite puzzled.

  1. 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.

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

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

    2. 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.

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

    1. 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.

    2. ​@@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.

  4. 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

  5. 11:02 but as you said George, no matter who is in Oval Office, they will spend to infinity and debt ceiling will increase.

  6. 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.

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

    1. I got the feeling that he switched sides on this one. Everything was catastrophic before, but now somehow it’ fine. Really weird video.

  8. 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.

  9. Don’t simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments.

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