Massive U.S. Debt Levels Point To Future of Wars and Crises

It’s “no coincidence” there is more extravagant “war talk” as the U.S. is going broke and continues to debase its currency, Matthew Piepenburg, Partner at Matterhorn Asset Management, tells Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News. Piepenburg weighs in on the current geopolitical tensions and their implications on the global financial system. He discusses the cycle of perpetual warfare, including debt accumulation and currency debasement. He also addresses the weaponization of the U.S. dollar.
Did you like this clip? Watch the full interview here: • Debt & Currency Crisis...
Follow Michelle Makori on X: @MichelleMakori ( / michellemakori )
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#dollar #currency #war #conflict #geopolitics #USD
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[@kitco]

Liked this excerpt? Watch Matthew Piepenburg’s full interview with Michelle Makori here: kzbin.info/www/bejne/mIjInaiborObb5o

[@VIDURRAJA]

More money is spent in reconstruction after the war than during war. This is over & above the costs of lives.

[@rogerburn5132]

Mat is Always Brilliant Please Have him More often 👍👍👍👍👍

[@1Nanerz]

When the currency fails, they take you to war.

[@user-re6id4qh3j]

We ate getting close

[@Steve-gn4hk]

When all else fails they take you to war. -Gerald Celente

[@BLACKWomeninMUSICFestival]

🌹

[@alpha7B5]

If only people allow them❗️✌🏻

[@humanyoda]

How does a war help them?

[@leoniegureghian7156]

@Humanyoda … By selling arms!

[@oishibeats5476]

Such a good video, how i wish this was shown on all Mainstream media so the masses could actually wake up. 10/10

[@donaldmacdougall4679]

Wishful thinking.

[@MichaelHull-rq9fe]

"... Lions led by donkeys..." YEP

[@7Samadhi777]

Only donkeys are led by donkeys….

[@OVERHERE-OVERHERE]

Donkeys AKA Asses!

[@deborahjacks6354]

All truth, we don’t recognize our world anymore!

[@Doug-zl8nb]

Corruption at the top greed at the top

[@GrandSolarEclipse]

Ecclesiasticus 10:8 Because of unrighteous dealings, injuries, and riches got by deceit, the kingdom is translated from one people to another

[@KidGarden100]

we got sick people in charge

[@wadeburge7144]

we prefer to call the Democrats

[@daletalaplaya5086]

He describes our situation better than anyone I have listened to.

[@johnkla7866]

He rumbles...on and on...

[@gener8423]

@@johnkla7866 Not his fault you hear only blah blah blah.

[@asaojohnston8235]

Why is he blah blah

[@rogerburn5132]

Try Alistair Macleod. Bill Holter. Michael Hudson. Jim Rickards George Gommon.

[@daletalaplaya5086]

@@rogerburn5132 I have watched a lot of Jim Rickard and Gammon but can’t remember seeing the others. Both very good! This was so concise and on target for me.

[@fredflint3998]

Wow, this guy is amazing, he puts everything into perspective beautifully.

[@naoumhalamoutis1960]

1 trillion every 100 days:(

[@Carlos-im3hn]

$3.5T/year deficit. $34T debt. Real inflation 10% and rising.

[@rodbeck7891]

Everything was very well said. It is refreshing to hear someone stating the current conditions plainly with total logic.

[@MrGenesis315]

Great job, and without it being 20plus minutes long, or longer. So much truth.

[@notimportantpolicy1449]

Even if Mr. Peipenburg wrote a book about horse shit drying in the sun, I'd read it. I love the way this man expresses himself. Love and respect

[@soundpitch1]

He actually is preparing such a book, with aptly scented pictures…

[@haventsleptyet]

Anything about drinking your own pee? Urine therapy to boost the immune system 😂

[@user-re6id4qh3j]

​@@soundpitch1hahaha. Lol😅 good one

[@johnzoppi8913]

that was the best interview about the condition of our country and the world that I have ever watched!!`

[@CAPT1933]

“LIONS BEING LED BY DONKEY’S” SPOT ON!

[@vincentyeo88]

When people lose everything and have nothing left to lose, they lose it. -- Gerald Celente

[@AnthonyTolhurst-dw1nc]

The old, old remedy. When all else fails, they take you to war.

[@wackyaces5316]

Thank you for bringing in some honest people who is willing to speak out against US monsters !

[@CryptoOutlaw]

Distractions Distractions! Michelle knows the greatest transition of wealth is happening Now!

[@coretmanus4688]

In summary…. We are “F”-d.

[@iahlee]

US: Just keep printing money!

[@dessmith7658]

Bits of paper with pictures of dead people on

[@michaelcalibri3620]

I don't know why everyone still thinks a hot war with a large power is solely nuclear. It'll be nuclear, biological and chemical all at once.

[@OVERHERE-OVERHERE]

And cyber

[@samuelhomer8885]

You are too smart for your britches ware did you get so smart

[@dessmith7658]

I feel better now

[@GrandSolarEclipse]

​@@dessmith7658 Ecclesiasticus 10:8 Because of unrighteous dealings, injuries, and riches got by deceit, the kingdom is translated from one people to another

[@alfredepding974]

I could not agree with Matthew more.

[@erickirk6542]

Truth times infinity

[@valerieprice1745]

The love of money is the root of all evil.

[@dessmith7658]

Don't worry, just think about the money

[@GrandSolarEclipse]

​@@dessmith7658 Ecclesiasticus 10:8 Because of unrighteous dealings, injuries, and riches got by deceit, the kingdom is translated from one people to another

[@Tony4TX2]

Well said by the guest...awesome analysis

[@user-ol7tl1vf5m]

Describes the fiat monetary system.

[@valuetraveler2026]

in its final stages

[@sgransar]

So everything is fine

[@dessmith7658]

Buy Polaroid

[@CobraPR893]

All wars are for power $$$$

[@GrandSolarEclipse]

Ecclesiasticus 10:8 Because of unrighteous dealings, injuries, and riches got by deceit, the kingdom is translated from one people to another

[@alanmrsic893]

Great stuff, thanks again! In Gold we Trust :-)

[@Doug-zl8nb]

God is nowhere to be found

[@alanmrsic893]

@@Doug-zl8nb Every man for himself and god for us all!

[@soferis]

Don't trust, verify. Move your purchasing power and skills to Bitcoin and forget about fiat problems

[@Blackberie]

Great guest !

[@janedoe3280]

The masses simply don't care as a matter of fact they would all enjoy popcorn as they watch it all burn to the ground, it's every man for himself

[@pjviitas]

Great monologue...pretty much covers all the bases....thanks for taking the time and sharing

[@Bob-cd5pp]

Just Subscribed . . Great Guest I refreshing, he specks The Truth.

[@SeanPan-it3jm]

US will not go quietly following the example shown by USSR.

[@valuetraveler2026]

China will rein it in

[@user-yl6yy2yj3n]

All the main stream wants to do is talk bad about Trump

[@a.healani9296]

However, 🌏 Patriots know Better. . . President Trump is God's Chosen One; No dark ones have power over That. Stay Peaceful, Stay in the Light.

[@michaelearlgrey]

​​@@a.healani9296"God's chosen one"... Do you even hear yourself right now? Trump being our greatest hope shows just how bad the situation is.

[@alpha7B5]

Great guest, sharp facts, undeniable arguments, provoking (only slightly) rhetorical back-questions‼️👍🏻✌🏻✊🏻

[@johndtwaldron]

man is right

[@michellebuckhoff1649]

Great truth!

[@loveandgamingxx1744]

Truth

[@Izzygirl154]

I TOTALLY AGREE WITH YOU !!! GOD BLESS YOU , WE ARE LIVING IN A DIFFERENT WORLD NOW !!!💯(PERCENT)

[@leecaryer2569]

Perfect use of famous Hemingway quote.

[@AntioneAngele-cy8yb]

Spot on!

[@williamhoffer9277]

Great conversation!

[@dilipanthonypinto1620]

Why can’t we do the same effect WITHOUT war??

[@Daniellarsoncolorado2024]

Very true

[@Pinchshot39]

Absolutely

[@saakib9426]

Always waiting for a Kitco video.

[@dessmith7658]

Like waiting for nato

[@SeanPan-it3jm]

No money, no war.

[@haventsleptyet]

Noo, the saying goes no money, no hunny 😂

[@AnthonyTolhurst-dw1nc]

War is a great way to export debt.

[@skyybluu3118]

Great video thank you 👍🏻

[@twisttwister8254]

The war could have been easily avoided with the Minsk's agreement implemented.

[@CobraPR893]

Decisions made by JP MORGAN - BLACKROCK - NEOCONS - DEEPSTATE - CONSULTSNTS

[@a.healani9296]

❤ Agree!

[@JoeKazemi]

I argue that the USA would have been better off staying neutral and out of both world wars I and II.

[@kingGokthe1st]

Matthew is fantastic! I love his analysis of financial and geopolitical issues.

[@chillxxx241]

“War-time” economies typically consume 40 to 60% of a nation’s GDP. The United States has been spending about 3% of its GDP on defense since the end of the “Cold War”.

[@TBoneZone]

Wow! - T

[@alexconnors1027]

Lions led by Donkeys.... All by design since time in memorial..

[@kortyEdna825]

Really where are investors putting their cash? Isn’t it crazy how mortgage rates continue to rise with higher imports and declining exports, but the FED is yet to lessen cost. Something will eventually break if they keep raising interest rates and quantitative tightening.

[@delpillar7630]

❤❤❤

[@ampovpodcast1624]

We live in a real live monopoly game 😢

[@johnhemphill1938]

I totally agree that war could come and I mean a very bad war; before World War I and World War II there were economic troubles and it was always due to bad policies.

[@abrahams.lincoln6749]

Buy gold 💰💰

[@dessmith7658]

Did years ago

[@cobraferrariwars]

No lie. Been happening for a long time. Agree about war crimes. Love the Hemingway quote. Thank you.

[@gwills9337]

Super based

[@wadeburge7144]

Everything is free in the USA , the Country owes 34.5 trillion dollars , none of which will ever be repaid as it's impossible ! The citizens owe over 17 trillion dollars.

[@vbonzo]

Hi Michelle, always enjoy your content - always thought provoking and exploring new territory. Do you think Blackrock's recently announced project to digitize all financial assets is a precursor to the fed digitizing the dollar? Seems a likely first step.....

[@JOHNBANNON-ib3cj]

No such thing as a GOOD WAR!!! AS HE SAYS HERE! I WOULD KNOW!!!!

[@jackeaker9192]

2 truths.unwinding of excessive debt/leverage ends every financial system.foreign wars have brought down every society.every one.

[@BLACKWomeninMUSICFestival]

🌹

[@ChrisVayos]

Clear-minded.

[@HagarTheHODLer]

👍

[@dht084]

The comment on Ukraine war origin is spot on! See Ukraine on Fire (Oliver Stone ...2016)

[@world-uk2vj]

When strong feign weakness,

[@directorofficer8565]

How will a country be able to afford 35 trillion in debt? If tomorrow debtors want their money back

[@MrMatthew811]

That’s Oregon for you, they need succeed to Idaho ASAP

[@deeppointturkiye2666]

I am Turkish living in Istanbul, I keep buying gold and silver because of you guys. Thank you

[@venkataRamanaKoduri-ri7ck]

👍💐

[@user-qj6vg8gp3l]

Matt went to law school and took civics.....and still he called us a democracy.....

[@Esperia-ef9xh]

😢

[@user-ph2qg1iz9u]

GROY and AG 🚀🚀🚀🚀

[@user-re6id4qh3j]

He is right, this is global and growing. The world is becoming a very dangerous place

[@herberteng1418]

wait how do we have 3 pentagons?

[@loboplateadostacker]

2025: I bring you, Vladimir Houthin.

[@Carlos-im3hn]

Commodities on the rise. Fiat fueled debt finance on the decline. Real inflation 10% and going up.

[@christopherhopkins3107]

Who makes out with money churn. Money handlers. And who runs the back rooms in politics. Money. Handlers. Who makes out with poorly educated citizens. Money handlers.

[@user-lb4yx1ms5f]

The day of reckoning has arrived.

[@mry5930]

NuCLear era. I like his awareness, though.

[@user-jo6iq1uh4z]

isnt Vietnam doung well ?now though

[@slavakotelnikov2440]

US talks war when they can't pay their debts 😊

[@walkabout16]

Behold the ledger, burdened, bowed, Where numbers rise, a swelling cloud, Debt's weighty hand, a shroud, Obscuring futures, once endowed. A nation's coffers, drained and dry, Echoes of spendthrifts' heedless cry, In deficit's grasp, we lie, Bound to cycles, where woes amplify. From distant shores to homeland's plain, The toll of debt, a haunting chain, In shadows cast, we seek to feign, But truth's harsh glare, shall not wane. Wars waged not with steel, but debt, A battleground where powers fret, Inflation's specter, a silhouette, Looming large, with no regret. Crises breed in fertile soil, Where debts compound, and tempers boil, In cycles vicious, we toil, Yet solutions elude, despite our moil. Beware the sirens' sweet allure, Of spending more, of promises sure, For debts amassed, shall endure, A legacy tainted, stark and impure. Let history's lessons, be our guide, In fiscal prudence, let us confide, For futures bright, must not be denied, By debts unchecked, where dangers hide.

[@michaelmcfeely6588]

I encourage debt repudiation.

[@stonodo]

Support RFKI

[@anilahuja5579]

Your guest is absolutely on the mark only to make sense of all the chaos he calls centralization, there is a spiritual explanation difficult for me western mind to wrap around but a series of scriptures prophesied 600 years ago even before America was conceived as a country these present times were written about and America the name was mentioned , and in great detail discussed the Bhavishya Malika written by Sant Achutanand Das of odhisa, India needs to be researched in depth if you really care about the future of mankind 🙏❤️Jai Shree Madhaba.

[@user-jo6iq1uh4z]

a small point but if poloticians allow citizens accounts be deployed for crimininolgy to occur they have to expect reciodical treatment.

[@jonfleck8687]

“Joe” Politics? Let’s go Brandon!

[@cultleader3572]

Ww3 baby

[@didforlove]

Nuclear war

[@johnbennett6142]

This guy needs to take a breath.

[@walkonearthofficial]

When you take news from 3 months ago and make it a clip? 😂

[@evolassunglasses4673]

Both World Wars were choice Wars.