Market Crash From Government Debt

[@marcmcreynolds2827]

Current USA government debt to GDP is only a bit higher than it was at the end of World War II, when it had spiked due to war spending. The economy didn't crash -- far from it. High debt will negatively impact USA prosperity, but's that's about all one can say with any reliability. As with WWII, at least the debt increase accomplished something. This time around, it was among other things saving millions of families from destitution when the economy was throttled by a pandemic. Plus helping out Europe when yet another guy came along wanting to see how much of it he could own or at least control/influence. When Reagan tripled (2.7X) USA debt in the 80s, that didn't end badly. Leftover inflation from the Carter administration, plus increasing productivity (not shared with workers -- their line on the chart flattens right around then) "absorbed" much of that. It won't be nearly so simple this time around for the USA economy, though I'm optimistic about the boost to it contributed by income from approximately 746,331 KZbin channels predicting its upcoming demise : )

[@keithmahorney129]

Another great video. Down to earth and simple.

[@fuzzresponder2225]

Thanks for sharing!

[@ChannelSyxx]

Always look forward to your Tuesday videos. Great job.

[@Ardanputratama]

Thank you mr ben 😊🎉❤

[@IngridDieguez-m1g]

Thank you all the information that you share with us is very helpful... Thank you for your time

[@alteredcourse]

Ben, I'm not sure if I've missed it and you've already mentioned it before, but I'd be interested to hear your thoughts on oncoming automation and artificial intelligence's potential impact on society, the job market, and the financial markets as the technology is becoming more widely adopted.

[@Reppondinvestments]

Good question. Our company uses the services of a high level AI engineer. He has developed an AI model for us. Right now I am testing it with my own money. I am amazed at the rates of return- and seemingly with low volatility (risk). I hope to roll it out this month. Will offer it first to current clients- then new clients. If you are interested, call me at [phone] or email me at [e-mail].

[@jmwSeattle]

All the nations depend on running a trade surplus with the US because of their own lousy economic structures. This has run its course.

[@NicholsonNeisler-fz3gi]

Then we’ll need more government to save us