Title | : | United States Debt Limit - Explained |
Lasting | : | 10.24 |
Date of publication | : | |
Views | : | 378 rb |
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😂😂 Comment from : Trunks760 |
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😳 Comment from : Soulless |
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Why do I care pay it or not my life not going to change? Let them that benefited from it pay it it's them not we? Comment from : Allan Bell |
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We will be back here in 2025 Comment from : Z |
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Here when this very debate is actually happening Thing is people fundamentally don’t understand how our national debt works The federal government runs a deficit to allow state and local governments to run a surplus Yes we owe a lot of money, but our credit rating is phenomenal among the world economy because the US dollar is the most reliable currency in the world Because we owe so much money, and always pay it back, other countries are more likely to lend it to us Do we need to control spending? Absolutely, but this isn’t the way to do it Comment from : Ben Carter |
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I watched until you included social security and medicare in the debt list These programs are not part of the federal budget, are funded separately and were paid for by workers and employers Comment from : Andrew Taber |
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Good news :) karma for all bs they did Comment from : Ed Ed |
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Where is the Certificate of Deposit 9827 now the MCA LILEY GOLD ACCOUNT worth 97 US billions dollars and the of the collateralize bank Denomination 35 years past that they even talk to the signatory Until now they cohort the UBS AG Zurich Switzerland until now Comment from : Augusto San Juan |
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Here after they announced that we might run out of cash in June Comment from : gopet400 |
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This what happens when people learn to vote themselves money Comment from : Dan W |
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What's especially horrifying right now is how radical Wokeism is taking over even at the government level Affirmative action hires with no merit are being placed in key positions at the Federal Reserve Comment from : Hank Schrader |
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This video is total bs Comment from : NY21 Live |
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There is no debt limit And, the Gov't doesn't borrow a dime from anybody brLearn MMT Comment from : NY21 Live |
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They keep raising the debt ceiling ", AND AMERICA OWNS MOST OF ITS DEBT ", SO IF THEY OWE ANYONE " IT IS THEIR OWN CITIZENS " MONEY IS PRINTED EVERYDAY " WHAT IS IT BACKED BY ", ITS OWN PEOPLE ", HERE IS A IDEA ", GIVE EVERY COUNTRY ," ITS OWN PRINTING PRESS " AND LET IT ESTABLISH ITS OWN WEALTH ", TELLING THE TRUTH ", WILL SOLVE PROBLEMS ", Comment from : Deshawn Crisp |
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"Germany issued debt-free and interest-free money from 1935 on, which accounts for Germany's startling rise from the depression to a world power in five years The German government financed its entire operations from 1935 to 1945 without gold, and without debt It took the entire Capitalist and Communist world to destroy the German revolution, and bring Europe back under the heel of the Bankers" - Sheldon Emry, "Billions for the Bankers, Debts for the People" (1984) Comment from : Storm Rider |
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Increasing the debt ceiling also encourages rampant money printing, which causes inflation So it's a "pick your poison" type scenario Either stop raising the debt ceiling and risk defaulting, or risk hyperinflation with more money printingbrbrThe only way to avoid both these scenarios is to dramatically cut government spending, but the modern voter has little appetite for giving up government programs and free money So, it looks like we're heading down the road of hyperinflation Comment from : Ben M |
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Channel seems a bit opinionated to be call info- Comment from : Well Rounded Wild Ones |
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The U S gonna collapse maybe not these day but some time soon surely like a Hollywood movie, mark today Comment from : Mr Baqiov |
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that's ok, as long as they keep a blank checkbook to shovel to Ukraine! 🤣 Comment from : Tenkuuken |
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two years later and the debt limit is closer to ending us than ever Comment from : Lawless facts |
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Tax the churches Comment from : Kryztopher Tung |
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US government, who spent all money: hm, probably someone gonna be taxedbrCitizens: billionaires, right?brGovt: °°brCitizens: right? Comment from : BlitzHUB |
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I thought you said the federal reserve wasn’t part of the governmentbrIn the other video you said the government can just print more moneybrHot air from a cartoon Comment from : Victorio Guedea |
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Did someone just say send 10 billion to Ukraine? Bet! Comment from : [Mario]ElBurro14 |
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How we in debt we have are own money in our own country we make they can make it a pice of paper an stamp it Comment from : zezzezhtx |
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As a veteran I gotta say they should never cut the budget to the military because going from basically an unlimited budget to no budget for even one month will get people killed Comment from : darius allesch |
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This video is economically illiterate The debt ceiling is an artificial self imposed limit The government never needs to borrow US Dollars as it can just creats them Comment from : Modest Proposal |
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god I’d help us all Comment from : Johnny v |
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You did not show the whole picture, that if the government was no debt limit that the US money will become worth less Think that you work and make 5 million a year but a new house cost 900 million a new car cost 50 million, and a candy bar cost 100 dollars, but the Government can borrow all the money it wants The government would say I have an unlimited amount of money but my problem is I have to pay these useless eaters ( the government would turn on its own people) so reducing the US population would help the government keep more money you can already see this when a politician goes into Congress making less than 200 thousand a year but retires after a few years with hundreds of millions in their bank account and the debt keeps growing Government should only exist to help the people, it use to be said ( the Government of the people, by the people, and for the people ) but the government has become a separate entity Out side the people Comment from : Ken Trent |
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Borrowing money for whatever spending is not bad as long as the flow of business is continued and your income is capable to pay with those bills (but the world experience with either war or a sorm such as hurricane or typhoon plus the sometimes a financial crisis or an earthquake and the pandemic these are the disturbance of business and economic flow Comment from : jimcuer lusano |
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Well 2023 and 315 trillion Comment from : saboteur |
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Reckless spending? Prove it not to undermine the US This action will end up a retaliation from the American people Comment from : A W |
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Nah, just print more money US :) Comment from : Bend Armor |
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I don't think any country likes United States of America No one likes bombs either They make it because of criminal USA Dollar is no longer gonna be a worlds currency reserve so we can get rid off American debt of nigers Islamists jews criminal politicians Comment from : Melita Petrovic King |
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Isn't US treasury a part of US government? US borrows from itself?? Comment from : Eric Soon |
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The debt limit is a form of blackmail No real government has a system like the debt limit Comment from : Patrick Barry |
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2023 let the recession and depression begin Comment from : Rob T |
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Re do this video please Comment from : Percy Blanco |
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Tax cut for the rich and corporations is the problem Comment from : Bah Bowel |
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He said the key to to solve the dilemma and it will never be done And that's simple taxing the rich Comment from : Jijuane |
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The government does not know what is best for us, but they will swear up and down that they do and this is part of the problem The people in charge shouldn't be in charge, instead, we need radical system reformation Comment from : Dzenis Sabljakovic |
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3 words national sales tax Comment from : SpockBorg5 |
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Lol Comment from : Ariel Malsi Real |
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2023:Oh dear god Comment from : Trevor Stephens |
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NO to increasing FEDERAL DEBT!!! Reduce public spending!!! No one or no country can continue to survive and prosper by continuously increasing borrowing There has to be a limit Comment from : Brad Francis |
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Why doesn’t America call in its debts? France for instance owes over a trillion and hasn’t paid a penny since 1931 Comment from : Sean Lander |
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Agricultural is rich here and so is our refinery and oil production That's what keeps us moving solid Respect to the farmers and miners, along with the drillers Comment from : Different Perspectives |
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As long as public does not control the government the corporations will keep ruling us and enslaving us further Comment from : Edgar Muoni |
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Matatan[]°™®°™[] Ribirin HS, Comment from : Henry |
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I wonder that in two years the debt limit is reached 315 trillion Comment from : community content |
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If you ran your household this way, you would be in bankruptcy within six months And they've been doing this for decades Comment from : Bob Phelan |
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We are now at 33 Trillion😑 Comment from : ArtixtXCC 1900 |
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Funny how no one mentions or worries about the debt limit until there is a Democrat in the White House and Republicans hold one or both Houses of Congress? The debt limit was raised routinely THREE TIMES while Trump was president Not a peep! Republicans voted for it like they were ordering lunch! Comment from : Alan Sach |
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We need to cut federal spending I suggest that we cut all foreign aid for one year and put that moneyvto reduce our debt This will create a hardship for many nations, but irresponsible spending may well lead to a financial melt down, which would result in global catastrophe Comment from : sharon wheat |
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All these hypothetical scenarios that we never thought would happen in our lifetimes, now made real by the Republican Party Comment from : Lock Him Up 🔗 |
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explain lol they cannot budget like they are forcing at least more than half of america to do with out all the explanations Comment from : michael |
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US has no problem with debtsFed will turn on printing machine to print out debt Comment from : kwai wah ooi |
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Welcome to January 19th 2023 the beginning of the biggest depression we will see in our lifetime, which is ironic that the last it happened in the 20’s before Comment from : MissDefective |
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We made it to this point today, crazy Comment from : John Mauceri |
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The US can raise the debt limitbrOr, the US can cut some fatbrMeaning abolish the IRSbrDo away with Foreign Aid to most countriesbrDo away with the Federal ReservebrCut some Programs Comment from : Brian White |
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Anyone watching this video after today we actually hit our debt limit in 2023 Comment from : hp5b8 |
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Wonder why it’s in my recommended now… Comment from : Sam Walker |
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Well we're here now Comment from : Deathhound Seeker827 |
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Who’s here 2 years later when this is actually happening? Comment from : Nick Lehman |
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Here we are January 14th 2023 and apparently we will reach it Thursday January 19th 2023 Comment from : American2002 |
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if you have to borrow money for anything that means your poor I save and pay cash for everything I own I have no debt my house insurance utilities and internet services is about $300 a month Comment from : scruffi83 |
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2023, were going to hit it in 5 days, 19th of Janurary way to start this year Comment from : Veetbang |
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We are reaching the debt limit next Thrusday from Today I don't have to imagine it because our current administration thinks money grows on trees Comment from : Youkodoll19 |
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Welp This is coming soon apparently Comment from : ClickyO |
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What happens when the rest of the world dumps the dollar and the dollar loses value? Comment from : Ebrahim Jaffer |
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They said the debt ceiling was 22 trillion now 2 years later we at 31 trillion😭 Comment from : Joseph Walsh |
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I’d love an infographics video on this subject from the other side of this bias Comment from : Desert Punk |
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This will be unable Comment from : Username Copied |
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2020 and it's 30 trillion dept 🤣 Comment from : Username Copied |
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If u know whr I can get the data plz share the website Comment from : Econ man |
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Guys which components of debt in the economy makes the total debt if um excluding the state? Comment from : Econ man |
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we are going to pass our debt limit in maybe about 10 years from now Comment from : ragnorock cookie |
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Wouldn't it be extremely convenient if there was a deadly disease that specifically targeted the elderly, those with two or more comorbidities, and people that are otherwise a drain on social programs? Maybe one day Comment from : everyone |
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I manage my money way better than the US goverment and I never take people's money against their will and I never borrow moneyMaybe all those people in Washington DC should be fired and locked up for life!!! We the people that are responsible with simple finances should be running the country and not these overpaid rejects that can't even fix a pothole in a town populated by only 500 people Comment from : Robert Moore |
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US economy: 💪brAlso US economy when you ask about it's debt: 🤕 Comment from : Anurag Gupta |
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This is a country full of decadence, consumerism and greed Debt will only keep mounting in the coming days Even after looting and plundering from middle East and Asia and enforcing dollar for international trades, they will not save themselves from this mounting debt problem The end is near for this country Comment from : md abdullah |
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It's 30trillion now Comment from : The Imperium of Man |
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Let me highlight a line , you are not the only superpower in the world pls remember Comment from : Syam_Mahesh |
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what a joke it is? who exactly is the government indebted to? nothing but a joke to steal more from us Comment from : Raptor Hacker |
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Tbe government is doing too much and will bring everybody down with it Please, vote only for candidates that promise to stay still in their seat and do nothing We can take care of ourselves; no Messiahs need to run for office Comment from : Rat Racer |
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There is no such thing as Debt ceiling in the US economy and why this video is misleading Comment from : The Explorer |
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First of all, what is not being told is for every debt, there is a corresponding credit The problem is it is not applied Comment from : CK |
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May i ask where the us gov borrowing the money? Comment from : Great999Mind |
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watching the movie Titanic was not interesting cold and gloomy and 30T Comment from : Memad mehmedov |
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They should pay their bills first Comment from : Thomas Dickensheets |
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Um if US bankrupt, and the other countries which it burrows from also are bankrupt how can "Lending/Borrowing" be happening? LOL This makes no since Comment from : Breme Artic |
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The Russian Tsar Bomba broken USA ❌brThe Debt broken USA ✔️ br😂😂😂😂😂brbrRosechild can run away to Canada Comment from : ***AR ***** |
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Just look around this ‘so called wealthy country’ is constructed on ‘ Borrowed Money’ in otherbrwords it’s all a sham Comment from : Squashum |
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