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Cameron Long
George is always make me chuckle along
One of a kind!
Try to chuckle without conviction
Yes, it is obviously nonlinear because the cost of servicing the debt increases, which itself increases the deficit, which in turn necessitates more borrowing. A vicious exponential, not a circle.
I posted above – requesting the debt be plotted on a log scale. Let see if he connects the dots between our two comments. I sincerely would like to see an exposition of a properly done analysis. I don’t have the time or energy to do it myself.
You’re absolutely right, what most people Miss is the bump up in the trending line, those bump UPS could be dramatically higher than anyone could really quantify,
The US is saddled with so much debt and hidden debt that the debt now is a feedback loop.
I know 4 people in 4 different states that all got told they are getting laid off.
1 Aerospace mfg, 1 Motorcycle mfg, 1 Pharmaceutical Lab, 1 hydraulic valve mfg.
My work has been forcing resignations from remote employees in order to avoid layoffs with the same result. They are also incentivizing retirements.
It’s simple if there any good, they will get a better job
First of all I bet the four people above hate you, cause they can’t live in Lake of the Ozarks while they do your job. Also your employer is likely to lay you off cause you can be replaced by a computer.
Thanks for sharing.
@@CarmenMarchesani Nope. Not in a collapsing economy.
@@CarmenMarchesani20th century boomer mentality. That’s *not* the world we’re living in.
We don’t have a free market. We have a managed global market for the majority of countries.
The question is,eho will manage this marketithe long term. This managed marked, one called Breton Wodds is dead.
@christianefiorito3204 Most do not realize that it is on life support. Something new must be on the horizon. I have a sense that it will be worse than Bretton Woods. World fiat currencies are worth little more than the ink on them.
Leave us out of your 💩 Greetings from 🇪🇺
I feel like this video didn’t do a very good job of explaining how the debt downgrade was related to the mis-allocation of resources or why there is a mis-allocation of resources.
Maybe George was saying that America’s third debt downgrade happened because of government intervention. In a free-market economy (which we have not experienced in like forever) new money inflow means those closest to the source get the most purchasing power. They pick up hard assets and property that improve living conditions. This is how new money behaves when it enters a geographical unit. Unless the government wrests it away and misdirects its flow instead into the great abyss, a place for which it is neither intended nor deserved but is certainly squandered.
yeah just libertarian silliness
To me this video was total BS.
He’s an anti-government cultist. That bias won’t be able to yield any clear thinking.
When gme run he gets really upset😂
In simple terms , we’re spending more than we can make.
No, we can make plenty. We’re going into debt because corporate tax rates are dropped as well as people that make over $1 million per year. Taxes on these groups need to be raised to bring the budget back in line. Unless you are willing to cut SS, Medicare and the US Defense, then deficits will continue to rise until you decide to ask corporations and the rich to pay the same percentage of taxes on their income as Joe the Plumber.
More tax cuts should fix it!
@@christschool sooo in short , it wont be fixed any time soon
Wno is we?
Simple terms; the billionaire parasites are continuing to funnel the wealth of working people into their own offshore accounts. And some poor dumb plebes keep cheering for this.
This is why most of my wealth is in physical metals.
Same 🥂
What stops the silver price rigging?
That trend line is a rocket ship to 100T with no end in sight
That trend line will steepen even more.
@@slekzieds Yes the debt service costs will get out of control as the economy continues to stagnate or grow modestly while spending continues unabated and bond yields stay in the 5 % range or higher. Current prospects with the projections using optimistic expectations are for an increase of $30T over the next 10 years!
70T is deadlock, then USA will not be able to pay interest rates on this debt aka bankrupcy baby
@@waynek805 There is the third ‘option’ after stagnate and that is ‘shrink’ or as the egg-heads say, ‘contraction.’
I would start looking at the speed of adding new zeros. This should be pretty constant.
Stop giving tax breaks to those who already have historically large sums of money and pay a pittance of tax on it.
The top 1% pay like over 90% of all the taxes in the US. No, the Bernie approach won’t fix anything
you understand the top 1% pay the lions share of Income tax now? That the lower 50% pay no income taxes now? You have been fed a false narrative and need to stop watching the MSM
Low or negative rates, more money printing, more debt, more inflation, higher interest payments on the debt. The never ending story.
Yes. You should just continue to supporting the poorest billionaires 🎉
We don’t have a spending problem, we have a tax problem. Every time DC wants to boost the economy, buy votes, or reward wealthy contributors the government cuts taxes We’ve been cutting income tax for upper income brackets almost non-stop since 1980. Beyond the “official” tax cuts we have created or allowed a wide variety of tax schemes that allow most in the billionaire class to pay a lower percentage in taxes than any of us reading this. That big bill being discussed now in DC has the continuation of expiring emergency virus-era tax cuts at its heart. Pretending that we can cut spending to rectify our situation is disingenuous at best.
Every man woman and child spent 100K just in Iraq for nothing and we don’t have a spending problem?
You borrow at a higher interest rate to pay off a lower interest rate debt. Eventually, the only way to pay your way out of debt is to print that money.
I think it’s important to stick to stocks that are immune to economic policies. AI stocks that have the potential to power and transform future technologies. It seems AI is the trajectory most companies are taking, including even established FAANG companies. Maybe there are other recommendations?
I bought into NVIDIA around September last year because my financial advisor recommended it to me. He said the company is selling shovels in a gold rush. It accounted for almost 80% of my market return this year.
That’s a great analogy and I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trends that are difficult for the untrained eyes to see.
This aligns perfectly with my desire to organize my finances before retirement. Could you provide me with access to your advisor?
Matthew Roland Gilmore. He turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction
Thank you for the lead. I searched for him, and I sent him an email. I hope he gets back to me soon.
Recovery video for life.If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you…prevent inflation
What are you talking about and how could this be explained? Can someone please explain
My outlook on money changed when I realized that is better to invest on or before retirement, some people are just putting £15k or £20k With the current market movement at the end of the year they are making millions.
As a beginner in investing, you should keep these three things in mind:
1. Have a long-term mindset
2. Be careful about how you spend money. If you’re not spending to make a profit, stop spending.
3. Never say you know; ask, and it’s best to work with a financial advisor, like Elizabeth Rossiello.
This is correct, Elizabeth Rossiello strategy has normalized winning trades for me also and it’s a huge milestone for me looking back to how it all started.
Well, to be honest, politicians decrease debt through inflation. Then we end up with currencies with a whole lot of zeros on it. Back just 30 years ago $1 million was something now everyone that owns a house in Canada is a millionaire.
These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If you’re not ready for it, you shouldn’t be in the market business. or get you a skilled practitioner.
I agree, that’s the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it’s near impossible to not out-perform, been using my advisor for over 2years+ and I’ve netted over 2.8million.
I think this is something I should do, but I’ve been stalling for a long time now. I don’t really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
Her name is Melissa Terri Swayne can’t divulge much. Most likely, the internet should have her basic info, you can research if you like
Thank you very much. I just checked her out on google and wrote her an email. I’m hoping she responds soon. I’ve been thinking about doing this for a long time, and I’ve already procrastinated enough.
I was homeless, did drugs, went into prison, where I got to know God. He changed my life. Now I have a home, a Wife and a lovely daughter (Zoe), and a stream of income that gets me $34,000 Every week. Plus a new identity a child of God. Hallelujah!!!
What a great change in one’s life!!! God always have his way of doing things, I’m highly Inspired.
Please can you spill some sugar about the weekly stuff you came up with?
Thanks to JESSICA ANN HAYES
Wow 😱Wow 😱 her too
Mrs Jessica Ann Hayes is a remarkable individual who has brought immense positivity and inspiration into my life.
Really feel your pain, when I was even almost down my God sent to me Jessica Ann Hayes services cryp to me and changed the game automatically
I started my trade int with $5000, and in the space of one month, I got credited with $22,000. It remains my biggest win for the year 2024
I’d suggest watching the video before commenting.
George can you explain the Plaza accord and how the mar a lago accord might look like today
Thanks for featuring Victoria Hoehl in one of your videos! I followed your advice, invested with her, and the results have been amazing!🎉
Started with under $25K, paid off
my $209K loan in just 8 months, and now I’m debt free with two fully paid rentals. Huge thanks to Coach Victoria Hoehl!
Wow, that’s incredible! Congrats on your success! What made you choose her over other investment options?
You need a pro who truly understands the market. Someone like Coach Victoria Hoehl makes all the difference.
Exactly! Trading is the real investment.
The process can be overwhelming if you don’t have the right knowledge, but with the right strategies and setups, success is inevitable.
Her signals and predictions are spot on.
I was skeptical at first too, but after trying, I saw insane returns!
Yeah, she’s been my go-to for a while now. More people like her are needed in the digital investment space!
It’s a bit annoying and unfortunate. When i was born, the national debt was $2,150 per person. Now it’s over $100,000 per person. And I’m not even that old. It’s truly alarming and best advice get out of debt, make regular investments and be debt free and financially stable.
Safest approach i feel to go about it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
Some people underestimate the value of professional advice until they make costly mistakes. A few summers ago, after a long divorce, I needed a major push to keep my business afloat. I sought out licensed advisors and found someone highly qualified. Thanks to her guidance, my reserve has grown from $175k to $450k, despite inflation.
I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?
I’ve stuck with Grace Lorraine Austin since the pandemic, and her performance has been consistently impressive. She’s quite known in her field with over two decades of experience, simply look her up.
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.