The US Government is BROKE | The 2023 Debt Ceiling

[@WhiteBoardFinance]

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[@james.atkins88]

Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.

[@Kim.beneteau]

My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.

[@andrew.alonzo]

It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance.

[@edward.abraham]

@@andrew.alonzo Very true! I've been able to scale from $150K to $389k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns.

[@rebecca_burns14]

@@edward.abraham How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?

[@edward.abraham]

@@rebecca_burns14 My advisor is ‘’Julia Ann Finnicum’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@rogerstone1842]

The Collapse of these banks has torn into global financial markets , I was really hopeful of my investments this year, but all my plans have been disoriented, I've been studying the market crashes and I realized some investors made millions from the recent 2008 recession and I was wondering if such success rate could be achieved in this present market. Any recommendations?

[@loreleigraham523]

Cryptocurrency crashed the last couple years, so it should be starting a new run to a new high.

[@RandyPelletier]

I feel exceptionally lucky I started investing in my early 40s and consistently compounded my income to create more cash flow. I grew to a 7 figure well-diversified portfolio having exposure to different prolific investments mainly stocks, metals, and high yield dividend funds. ever grateful to Trisha Jean Webb my F.A... she is super helpful to a lot of beginners out there.

[@rogerstone1842]

​@@RandyPelletier Did a quick web search, she has a pretty decent bio, I wrote her and I'm waiting on her reply.

[@taraarrington2285]

Those people probably had insider trading information

[@johnlennon232]

My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.

[@alexyoung3126]

It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance

[@joesphcu8975]

Very true! I've been able to scale from $70K to $210k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns

[@kimyoung8414]

How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?

[@joesphcu8975]

The advisor that guides me is “Helene Claire Johnson” most likely the internet is where to find her basic info, you can run a quick research with her name. She's established...

[@kimyoung8414]

I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes. Thanks.

[@hothiphong]

The failure of Banks has torn into global markets, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at a crossroads deciding if to liquidate my dipping 200k stock portfolio, what’s the best way to take advantage of this bear market?

[@ryleemacmahon]

The Banks situation is a reminder that Fed hikes are having an effect, even if the economy has held up so far,” It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor.

[@vuhoahua]

I agree, having a brokerage advisor for inveesting is genius! Amidst the financial crisis in 2008, I was really having inveesting nightmare prior touching base with a advisor. In a nutshell, i've accrued over $850k with the help of my advisor from an initial $120k investment.

[@pamelamonarch]

that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.

[@aadenmarousek]

@@pamelamonarch credits to DEBORAH DIVITO WELCH, one of the best portfolio manager's out there. she's well known, you should look her up.

[@curtisdarveau]

I began accumulating wealth when I started following up my investment properly, The value of expert mentorship cannot be overstated. Without proper mentoring, people tend to make mistakes and loose money. This is why I prefer to invest with DEBORAH DIVITO WELCH because her methods are unique and extremely profitable.

[@MSBJJ]

Debt free and love it. Wish our leaders felt the same way.

[@Daniyoyo]

They are the ones taking care of the welfare of over 65 million people

[@richhands5269]

My three favorite channels: Marko - WhiteBoard Finance, Stock Brotha, & Graham Stephan. Make my week complete!

[@leonarodwell]

A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k

[@jirinamuzikova]

>The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.

[@jetkastrokdova]

@@jirinamuzikova >in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.

[@Gracej34]

@@jetkastrokdova I'm sure the idea of a coach might sound generic or controversial to a few, but new study by investopedia found that demand for portfolio-coaches sky-rocketed by over 41.8% since the pandemic and based on firsthand encounter, I can say for certain their skillsets are topnotch, I've raised over $400k from an initially stagnant reserve of $150K all within 14months

[@MarkMilley810]

@@Gracej34 Of course you're correct! I diversified my $500K portfolio across various market with the guidance of an investment coach, I have been able to generate a little bit above $1m in net profit across high dividend yield stocks, ETF and equity during this red season in the market But the truth is that you cannot do that without a tested trading strategy

[@lindholmlille]

@@MarkMilley810 Interesting. I've a lump sum doing absolutely nothing at all in my bank account, i wanna gets something started with it. You seem to be doing excellent for yourself, how do you achieve this?

[@user-cl5ov9dx5o]

When our government gave each a $5k RAISE in pay...This is done whether that person does a GOOD or BAD job at the task

[@WhiteBoardFinance]

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[@halfsleep3554]

Thank you Marko🎉

[@raphfelimax2713]

I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year... Investment should always be on any creative man's heart for success in life.

[@nissan38p69]

I agree with you and believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don't know who agrees with me but either way I recommend real estate or crypto and stocks.

[@robertgreg6009]

Yeah!! It would be more beneficial and yield more profit if you actually trade on cryptocurrency, I've been trading since the dip, I've made so much profit trading.

[@KamranKhalil-br6dk]

I am interested to know more and invest in Crypto please

[@domenez]

trading is easier with proper guidance, especially from a professional, Newbies who are not aware of how crypto truly works and wish to make profits from it, I would advise to invest with a professional like Fergus waylen, It helps secure and minimize the possibilities of losses.

[@charles2395]

I'm honestly surprised that this name is being mentioned here, I stumbled upon one of his clients testimony last week in CNBC world news

[@PhilSommer2]

Having recently gained more knowledge about personal finance, I've subscribed to your channel. I want to commend everyone who's tirelessly working to earn a living while also building wealth during this recession. At 45, I'm retired, along with my 51-year-old wife, and we're debt-free. Our plan is to relocate to Thailand. Thanks to our frugal and financially savvy lifestyle, as well as our commitment to saving and investing in the financial market, we've been able to generate passive income even in this recessionary period, allowing us to sustain our desired lifestyle."

[@LeonWilk2]

Congratulations on your early retirement, Interesting indeed! Currently, I am in dire need of investment advice or tips. Last year, I hesitated and failed to take any action until the year concluded. However, this year, I am determined to try something new, as I am very receptive to various investment ideas. I want to be retired in my forties or fifties

[@PhilSommer2]

No problem at all! If you're seeking to earn substantial profits from your investment, I would suggest determining your investment horizon and implementing a long-term plan. I worked with *'Jude Ryan McDonough,'* to create a long-term investment strategy, and he assisted us in managing our investments while we focused on my jobs without any concerns.

[@LeonWilk2]

Thank you for your advice. It's challenging to find a reliable investment advisor here, and I appreciate your input. Seeing the successes you've achieved through investing, I would love to have access to your investment advisor's information if you wouldn't mind sharing it

[@PhilSommer2]

I work with *'Jude Ryan McDonough,'* who is based in the United States. If you would like more information about him, you can conduct a search online. He even got featured on CNN recently.

[@AlinaWinkler233]

Thailand is really a nice comfy plan to retire. Working with a skilled financial planner can be compared to having a mentor in the field of finance. I used to struggle to invest on my own and ended up losing money, but things changed once I started working with *'Jude Ryan McDonough,'* He played a pivotal role in helping me improve my financial situation. Previously, I relied solely on my job and salary for income, but now I have found ways to generate additional income with ease, which has allowed me to leave traditional employment. Nowadays, I believe that investing is not a choice, but a necessity for anyone who desires financial independence and a good quality of life.

[@rasengan771]

Waiting for the day I hear good economic news

[@TheRbruin10]

Probably won't hear anything positive until 2026.

[@DsLink1306]

@@TheRbruin10 There won't be a 2026

[@TheRbruin10]

@@DsLink1306 If we keep throwing billions to Ukraine and sending them weapons, you are right

[@cashandcarry72]

Politicians are salesmen not money managers

[@davisantony-mx2fi]

They got the national debt, but they asked us to pay it for them, but they went on vacation.

[@antonionutrition]

They’re shadow banning you dude. I have to search your channel for it to come up even though I’m subscribed. Just FYI! Keep up the great work

[@kalyanvejalla]

Thanks for educating me! Fantastic video!

[@brunobagofdonuts9304]

Just print more $$ USA will be alright.🤣

[@marchettibianca1367]

In life, I will forever be grateful for health, wealth and a great professional *(Hamilton Phoebe Zoe)* whose help has been great for my finances.

[@marjattaantero1627]

Hello 👋, I am very interested in investing. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?

[@marchettibianca1367]

I invests and earn by following my Coach’s instructions. My advice is to get a professional who will help you invest , plan and enhance your management skills. For the record , working with *Hamilton Phoebe Zoe,* has been an amazing experience.

[@marjattaantero1627]

How do I contact Hamilton Phoebe Zoe ?

[@marchettibianca1367]

There are several ways to contact my Financial Adviser , but the most effective method is to search the name :- *Hamilton Phoebe Zoe.*

[@riccardojules2677]

Great info, I’ve been in search of ways to grow my portfolio and I’m glad I came across this. I will contact your Financial Adviser (Hamilton Phoebe Zoe) for help and hope to come back with a positive remark.

[@CallUrDrop]

Thank you

[@anaa03899]

Oh man, we screw 😮😮😮😮

[@okthennone]

BlackBoard Finance is the new name since our economy is heading for cliff. You're killing it!

[@xentaatnex8261]

It's just money, it's not real. We'll just make more.

[@Jesseg-rj6xf]

Don’t worry, it’s just a paper jam.

[@チャーリーブラウン-w8l]

As long as the Federal Reserve is alive, we will always be in debt

[@andrewhardcastle7982]

Mate I always love you version and ideas about what’s going on in this roller coaster markets thanks a lot. I’m pure disbelief I am looking at land today no shit ! 😊

[@bbtank3000]

NO SLEEVES on Marko....now THAT is a sign we're broke.

[@MrPaulrael]

Do a video on how to buy the T bills on the internet

[@Internet_Gangsta]

Damn, that hairline is RICH!

[@marie-louiseleroux828]

It is better to invest now. You will never be younger than you are today and there will never be a perfect time to invest. Due to compounding, which Einstein called the 8th wonder of the world, you can get rich slowly from investing if you do it from a young enough age.--

[@robertfransisco8503]

People will be kicking themselves in few months if they miss the opportunity to buy and invest in Crypto as it's retracing... BE WISE

[@bfreeman2121]

And just how much money have we given Ukraine now??

[@seferinorino6951]

Almost like if this hadn’t happen before.

[@anaestereo810]

Informative...liked. did you end up buying those treasuries or waited for the debt ceiling resolution?

[@xTOP_L3V3Lx]

wouldnt "untill it doesnt work" be right now? as other countries have left the us dollar as trade currency we dont have any ability to gain money back or value or is it not related

[@chrisakins692]

As with any business, we must focus on both spending and revenue. You cannot slash revenues and only focus on spending, and be successful. Our tax code needs to be revised. Also, the US$ is a fiat currency. It has no inherent value. It''s value is based on the credit of the US, not on a scarcity model like other commodities. As long as the US maintains its credit, the US$ remains the world's reserve currency. What needs to happen IMO is we need to eliminate the debt ceiling, as it is unconstitutional (14th amendment), and enables the govt to forego agreeing to an actual budget and borrow later. We then need Congress to start taking their constitutional duty to propose a budget, rather than try to make that the responsibility of the President. In other words, we need to return to using the system as it was designed.

[@DrProgNerd]

Maybe if we send a few billion more to Ukraine that'll help. I'm not sure how - but I'm sure the Big Guy will find a way to make it work.

[@averageadventure200]

Seems like the debt ceiling is more of a debt sky - always expanding, never reached. We're all passengers on this fiscal rollercoaster, but diversification might be our best seatbelt.

[@brandino97yyc]

The government just needs to stop spending so much lower expenses and start paying off some of that dead

[@ma2i485]

Corrupt government doesnt cut its spending it keeps breaking it's own deficit spending record at the cost of citizens hard earned savings. The current monetary system favours corrupt government and banking..there is nothing new under the sun, as history shows us that America will not be the first nor last global superpower to die by its own demise of fiscal and monetary irresponsibility

[@johnwasilewski7390]

The Congress does NOT need to raise the Federal Debt Ceiling. Congress needs to practice Balance Budget. And the Supreme Court needs to review the actions (law) of the Congress.

[@lilytea3]

0:25: 💰 The video discusses the debt ceiling crisis of 2023, which involves higher interest rates and increased government spending in the US. 4:20: 📊 The US Treasury may run out of cash by June, leading to a temporary halt in the issuance of new debt or reinvestment in specific government funds. 7:13: 💰 The video discusses credit ratings and the potential risk of a downgrade for the U.S. government in the future. 10:36: 💰 The video discusses the drop in stock prices and its impact on the economy, consumer confidence, and small business optimism. 14:22: 📚 The speaker reflects on the repetitive nature of economic headlines and compares it to the book 'The Creature from Jekyll Island', which discusses the history of the Federal Reserve. Recap by Tammy AI

[@taraarrington2285]

If one were conspiracy Cirrus one could say that the 2019 crisis almost brought about a huge wealth transfer where the rich got richer and the poor get poorer but people would never be enticed by greed in order to do anything like that right?

[@thesecureserver]

It's Duck Duck Grey Duck!

[@delynnaddams8774]

US gov is not broke, they arr finding 2023 migrants $500 cash per month +health etc. while American who pay into the system go homeless? Please report on this as Gov drops SS.

[@rujohnso]

So much finger pointing and no innovation. Remember when we whined less and innovated more? There’s always money to be made.

[@mattmoore6180]

Im 37 in june. I keep thinking if the economy tanks, just KEEP BUYING! I have time and I think the market will recover, even if it takes a bit. I should be ok in the end lol.

[@kevinmicheal817]

You think? The world is headed into tribulation. One dozen Eggs are almost $10. Crime is historically bad and queers are deliberately trying to sexualize children. This has never happened in the history of this nation.

[@Aberger789]

So, do I buy VIX calls for end of May or beginning of June???

[@HiHi-dd1xi]

Ultimate goal of WEF you will own nothing and be happy

[@arshS27]

Any idea how to buy Canadian T bills ?

[@johnsnowkumar359]

The US has ben teaching other countries how to live off of credit cards. Few lawmakers may raise the credit debt limit at the eight time. , making it easier for the President to take another loan for 1 trillion dollar. Additional loan. Funny that earlier generations in the old world, and in the US, never thought about it. The US is like a homeless person who inherited a house worth 33 million dollars and a bank balance of $12.. Sri Lanka is like a person who loves food banks and food stamps despite having a positive bank balance. Now the homeless person cannot pay taxes or other utilities on the house. The bank balance of the US is negative 33 trillion dollars. The US owes 33 trillion dollars. The lawmakers must have done something unethical for the US to have such a colossal debt. Sri Lanka got free grains and free wheat from Russian Federation. Last year, Sri Lanka told Vlad their bank cash is low. The bank balance of Sri Lanka, an Island nation, is positive 644 million dollars. Sri Lanka is like someone who asks for food stamps. Despite having a positive bank balance. The average president of the US before the current sitting President likely used to love to flash out credit cards to spend credit card money on behalf of Uncle Sam to the tune of 33 trillion dollars debt. Lawmakers should cancel all credit cards of the US government. So the US government should spend only tax money from taxes collected.

[@JDMatthias]

It's been broke where have you guys been?

[@sueyuyu3654]

....here we go again. Why not just printed 100 trillions dollars and debt ceiling solved.

[@camil0_uwu235]

Despite this we have all time on speculative stocks like nvda & spy keeps going up over time 🤡 Priced in my ass (if this gets suspended market will drop like somebody forgot what price action is😂)

[@magellanicspaceclouds]

How bout we make a hard limit? Let's make it impossible to borrow more.

[@adocuric9154]

Excellent idea. That would mean a great world recession, but also cheaper products.

[@magellanicspaceclouds]

@@adocuric9154 Thank you. Let's stop the circus.

[@crawdaddyproductions7545]

Thanks Marko! Where have the punny endings been??

[@moscasucio1686]

Basically bush and obama

[@LouisTheTraveler76]

Would have been interesting if you mentioned the 14th amendment as a solution.

[@RushedPhenom]

The misleading title for lay people....

[@D-Harb]

U.S. should sell Alaska to Canada to pay off our debt lol.. I don't even think Alaska is worth enough or Canada has enough money to do so smh...

[@dave0126]

49 + 39 78

[@BateserJoanne]

Don't fret, the debt ceiling always goes up. I wonder if 2008 crisis survivors had it easier. I'm concerned about the stock market, I've lost $35,000 this month, and my income is down. Worried I won't save enough for retirement as I can't add to my savings.

[@AlexanderDanielley]

Amid the complexity since 2009 and Corona, consider diversifying your portfolio. A colleague grew hers by $160K with defensive system and an advisor in this turbulent market.

[@VickyAlvy]

Hello! who is the consultant that assists you with yours and if you don't mind, how do I get in touch with them?

[@AlexanderDanielley]

My advisor is Stacey Lee Decker, a highly respected professional in her field. I encourage you to delve deeper into her qualifications. With her extensive experience, she is an invaluable asset for anyone seeking to navigate the financial market.

[@morianosani2788]

[@brendagrispo6497]

I agree with you and believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don't know who agrees with me but either way I recommend real estate or crypto and stocks

[@gilbertophillip5725]

@@brendagrispo6497

[@andrewshitman7605]

Crypto is bringing a different revolution in the world economy, people who are optimistic investors earn consistently, others will just sit and watch

[@jasonperilous9967]

I am interested to know more and invest in Crypto please 🙏

[@Alex-nj2xz]

Every time I hear him introduce his video channel, I hear "white boy finance" even though I know he's saying whiteboard finance. 😂

[@robby95036]

To be fair they’ve been broke for decades. They should get a job instead of relying on handouts from others 😂

[@dash-4150]

Us government has ben broke since day one, and gradually running greater on a debt system, until we have the absolute fraud of a fractional reserve debt trade slave system.

[@thelitmedallion]

Kicking the can down the road for decades.

[@stefpix]

How can countries like France, Germany, Sweden, Spain, with more extensive public infrastructure, social services, extensive public railways can function? Is the US less efficient at spending money? is there higher corruption? is the US military a bloated money pit? The US seem to spend much less on public infrastructure than European countries, taking in account the size and population. What if the USA would cut its military in half, how much could be saved?

[@Grimmlocked]

Because they benefit from the us military patrolling the seas for globalization. But yes the government is corrupt as fuck

[@NickOloteo]

Yes

[@danw7864]

US subsidizes those countries health care by footing the bill for all the medications the globe consumes for one thing. Corruption is super high for sure also.

[@stefpix]

@@NickOloteo yes to what?

[@MongrelsCycling]

Why the hell we giving money and equipment to Ukraine that we don't have... blows my mind!

[@astrahl]

Our government will literally throw us out of our homes if we don’t pay our debt but then there they go having the financial literacy of a potato 😂

[@geraldbennett7035]

gov does throw people out of their homes; deadbeats are thrown out of their homes

[@timothyy7]

So what we do Marko?

[@marqueswest9198]

Tut tut tut!!! It’s not looking good. Either way you look at it, the congress treasury has little wiggle room to manoeuvre..

[@DavidPerez-oj2dv]

AMERICANS SPEND TOO MUCH

[@Parkmanpranks]

Debtors pursue collateral upon default. Maybe we can give our debtors California and call it even.

[@ma2i485]

🤣

[@ultrabread]

Great video… did you get dem T-bills??

[@rightwingsafetysquad9872]

Marko is so good even the spam bots leaving comments on his channel are better than others.

[@humphrey]

Thanks Marko!

[@orpharachel9368]

started investing when I was 27, mostly through sweat equity. I just turned 33, and this last month was the first time that my passive income broke $100,000 for the month. This is solid advice! DO IT!

[@orpharachel9368]

​@KelvinJames-mh9piNot at all, having monitored my portfolio performance which has made a jaw dropping $473k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market. I must say it's the boldest decision I've taken since recently.

[@orpharachel9368]

​@PamelaShagayaThe Adviser I'm in touch with is ‘’David Jeffery Herman’’, He works with Wealth Management llc and interviewed on CNBC Television. You can use something else. for me his strategy works hence my result. He provides entry and exit point for the securities I focus on.

[@iamthetable6233]

No, LoL moment?? Im disappointed, great info as always, thank you!

[@randyjames1695]

Jesus Marko! How big is your lawn? That audiobook is 15 hours long 😂

[@2023Red]

Marko. One of your best videos. What the issue might be is to create a crisis on purpose to achieve certain oligarth goals. Example might be to cause loss stock market loss. One would buy puts or simply sell short SPY. Then collect big time after the market collapsed. I guess my confidence in our government is not what it might be otherwise. But you did a great job on this video.

[@ADdmxxx]

It's all right, Joe will keep sending money to Ukraine

[@Jupiter1423]

The us will never be broke so long as the us dollar is strong

[@scrook138]

If they keep raising it, why have one in the first place? I'm no economic expert, but why don't they talk about cutting spending instead of raising the ceiling?

[@ma2i485]

Because its easier for them to run up the debt than to pay it off..they are drunken sailors spending money they don't have since 1971. If the government was fiscally responsible the debt wouldn't be in the trillions and trade deficits running for decades. This is why the Dollar has lost value with inflation driven spending by the government funded by the FEDs debt monetization scheme aka Quantitative Easing.

[@ProJanitor]

Alternative video title: “Shopaholic with Dozens of Maxed-Out Cards Dooms Family in Bankruptcy”.

[@John-dp3ln]

Confused, social security is funded, how is it included in govt debt. What happens to checks to seniors if the winners in Washington can’t come to an agreement?

[@dominikkoksa7978]

nice video man!!!

[@johndenver5779]

Selling everything for SCHD let’s gooooo!

[@keska01]

Ughhh.. purchased SCHD at the beginning of 2023 for $79/piece... :S

[@chadshirey]

Sleep Cheap, 🎉.

[@grantmendoza7588]

What happens to your T-Bills if government defaults?

[@ma2i485]

Yields spike and bonds lose value rapidly

[@boingomendoza8303]

Not asking financial advice, but are you purchasing 4week and 8week T-bills as of 5/11?

[@rockstarproblems]

If debt ceiling raised is delayed it's safe to safe stocks will plummet in June recession numbers. Safer to sell all stocks in late may then buy it back cheaper late June

[@joshuairwin3385]

Investing is simple guys. Make sure you put your money into things that people want and can’t be made out of thin air.

[@TheMightyNate]

I'm watching Marko ..thank you as always

[@hifijohn]

Ive asked this before, why have a debt limit of we always go over it???

[@georgeorwell7291]

I disagree, Stocks are a very effective tool in a monetary collapse. Because a Stock is not just the daily ticker price. It is that you own a piece of a company. So whatever new currency comes online after a default, that piece will be worth something. Now will it be a good Idea that the price of that value will make you rich during the process? No. But in the ww2 peasants were the riches people because loafs of bread were paid in gold and silver and at some point your diamonds were only worth a pound of butter. I am not sure, but I will rather be in a company that has a high likelyhood of surviving.

[@andrewballance4161]

No tangible physical product here. Pure systemic drag. Financial tapeworm

[@bakkks]

Every american should listen and read what Milton Friedman said and written about Gov Spending - the real tax.

[@lancemorales655]

Biden is shortening his overseas trip to negotiate on the debt ceiling. According to the schedule we now have up until the 18th to have a possible deal. Has there been any changes to the Senate and House schedule since the creation of this video?

[@alexdeonversaagde]

The inc. Is bankrupt and has defaulted, you haven't had full disclosure. Its over.

[@Keto_Mike]

I think it would be awesome to own a goat farm, I think more people are going to catch on to it because its easily digested by humans. Once people start catching on its going to spread like a wild fire.

[@yapaul6226]

Thats a dumb ass idea

[@markod1977]

Sleep cheap!!! The most valuable financial advice of all time!! Period.