The US Is Triggering A Sovereign Debt Crisis | Market Crash

[@StoicFinance]

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[@Muller_Andr]

U.S. t bills are the same as junk bonds. In order to get buyers you need to keep raising yields as the national debt keeps going higher. things are not improving

[@AnkurYo]

I'm looking at high-yield dividend stocks. Selling 200k worth of equities is stupid without reinvesting it. I might turn to cash soon if I don't invest it. Any particulars? (Buying bonds or CDs is not for me)

[@AadhilaEesha]

Don't get any such ideas. If I were you, I would bother less and buy gold and bitcoin. There are more institutional investors in long bonds than individuals and they are all relinquishing their long term holdings.

[@BenRovello]

I agree, while higher interest rates increase bond yields, they also hurt long-term bondholders who can't wait for their bonds to mature. IMO You are better off for next 5 years by buying the dip now.

[@AadhilaEesha]

I think the commodities market is looking good, but consult with a planner like I do before putting your money into these markets.

[@Muller_Andr]

What other alternatives have you tried that bring you passive income?

[@jeffreycheng5984]

"The Federal Reserve System is not Federal; it has no reserves, and is not even a system at all. But rather an international criminal syndicate."- Eustace Mullins.

[@greencertifiedweb]

I lived in Salt Lake City, Utah in the early 1980s. Kennecott Copper employed 7500 people and the wages were astronomical, and Union rules worked against productivity... Heavy equipment could only be operated by Junior equipment operators, but you had to have a Senior equipment operator on sight to supervise (sleep in a shed). So a clearing operation that should have cost $18 per hour, would cost more than $70 per hour. The price of copper tanked, Union employees refused to take a pay cut, so the place was shut down, putting an extra 7500 people into the job market. People who were used to getting $25 per hour at Kennecott, had to take $5 at Sears. It took a couple years, but they were absorbed into the economy The point is, if government needs to let a bunch of over paid people go, we should be able to handle it... As long as they take their thumb off of businesses, and allow us to function.

[@JasonO-we3qt]

Great channel. Please keep posting these.

[@RougeRaid]

Didn't the US Debt already hit $35 Trillion

[@ryangallmeier6647]

Yep, and with a $25 Trillion GDP (for comparison, the Largest Economy in all Europe is $4 Trillion; that's Germany; Russia has about a $2.24 Trillion GDP; they're weak). Simple breakdown: if you make $250,000 a year, but have a $350,000 home (most people's biggest debt obligation), most advisors would tell you to buy a much bigger house (@ $1 Million). Don't fall for these scare tactics.

[@JackjackTheThird]

Apparently the the unrealized debt is more like 260 trillion. Black ops, government black book spending, etc.

[@SirShiv7]

@@ryangallmeier6647 'scare tactic' Yeah, you're definitely a Harris voter.

[@ryangallmeier6647]

@@SirShiv7 Nope, not at all, liar. Just speaking the truth against the nonsense here at Redacted. The US dollar is the most stable currency on the planet. Why do you think it's the most widely used currency for Global Trade? Duh!

[@ryangallmeier6647]

@@JackjackTheThird "unrealized debt" means, it's "not real". duh.

[@sargepent9815]

One final option would be to restructure the debt since we owe the vast majority to ourselves anyways. Similar to when countries like Mexico simply issued a "new" Peso in the 90s. I have late 80s 2000 peso bills that are worthless since they issued new currency. However, this would obliterate personal savings and retirement funds. However, Max is right, no government will willingly do this, but

[@sargepent9815]

Actually, this "started" back when the US left the Gold standard when a given dollar amount was backed by a reserve amount of physical gold. After that, DEBT became the "currency", and no fiat currency in human history has ever survived. 70% of the US's economy is dependent on consumer spending and new debts. Well, people are broke and spending has crashed. The end of this charade is inevitable

[@Blakkrazor69]

I'm gonna go out on a limb and say it began when we surrendered our National Currency Rights to a private bank cartel in 1913.

[@AnotherAmerican91]

Spending crashing means you can cut rates and print money again... we've got a bazooka

[@Blakkrazor69]

@@AnotherAmerican91 Fiat Currency Printer goes: brrrrrrrrrrrrrrr. And the National Debt climbs faster, and faster, wonder when it will tic Trillions in Real Time.

[@CaptBeefart1]

I remember when I was a very young child asking my dad In 1950's, why can't the government just print more money when we need more?

[@berlintanker]

Yea, and I bet he told you to stop haunting me, go out down to the corner, and grab your ankles

[@iVETAnsolini]

Just because you grew up with the internet does not mean you have any wisdom, tanker

[@mattanderson6672]

Thanks Max

[@davehilling3944]

I said 15 years ago this is where we would be, because its obvious neither side has any plan to bring budgets under control. They kick it forward and ignore it. We are boned. We haven't even really slowed down our spending we have just kicked it up over and over with even less to show for it every time.

[@ralphstern2845]

As long as there is a tomorrow, we can kick it down the road. Thats economics.

[@aeonnortune]

And when debt is at $50T or 100T? What then?

[@ralphstern2845]

@@aeonnortune nothing. It's fiat. Imaginary Accounting

[@ralphstern2845]

@@aeonnortune who is going to demand payment from a nuclear armed debtor?

[@aeonnortune]

@@ralphstern2845 nobody invaded Argentina when it defaulted either. That's not the problem, it's thst nobody is going to want to settle debts anywhere in our currency anymore. And currency manipulation is basically how we've maintained our quality of life for the past 30 to 40 years. So no, of course America won't get invaded. It'll just turn dysfunctional with nobody able to get paid.

[@KingOfFinance1]

The United States & many other countries have a fiscal issue trying to keep their economies afloat by going deeply into debt. The Japan Stock Market Crash & Carry Trades involving the Yen are sending markets into a frenzy right now too. The whole world is deeply in debt right now with Growth slowing down.

[@chrisjenkins9978]

Lower the price of energy by drilling for more oil and cut spending.

[@ryanborder189]

listen-I'm unsubscribing. Your videos are increasingly becoming just an infomercial for whatever art stuff you're promoting with very little content-it's getting tedious!

[@adammcilmoyl4278]

I suspect they'll try to just inflate the debt away. Maybe not in full, but at least partially to get it to a manageable level. Might explain why you see so many wealthy people, especially the ones who "know people" are flooding into tangible assets like land, housing, etc... that can preserve wealth thru inflationary periods.

[@nathanthunder8581]

We are done for

[@WaseemBelushi]

Please add to notes that each American citizen and allied are the debt liability

[@miroslavzigmund722]

I was reading an article stating that they’re printing $1 trillion every 100 days

[@john5712]

A country shouldn’t be allowed to issue debt

[@jayhadcock8767]

We owe money while they goverment give it away faster than it can be printed 😂😂😂😂 Financial Genius 😮

[@bijay64]

About $7trillion of the US debt is held in institutions like Medicare and Social Security. You need to look at % of debt held by the public which is at 100% of GDP, widely regarded as the max a country can and should sustain. The biggest portion of government spending is non-discretionary; that’s the part that needs to be addressed if you’re gonna make a dent. You can’t address the deficits without making changes to Medicare/Medicaid and Social Security - and that’s a political anathema to any party/candidate (remember what happened to Bush Jr when he proposed reforming social security back in the day?) Part of the reason the federal budget outlook is so gloomy is that the total cost of Medicare and Social Security is exploding as baby boomers flood into the programs, and there aren’t enough incoming workers to pay all the benefits owed on the current schedule. The ratio of workers to retirement beneficiaries has dropped from 5.1 in 1960 to around 2.9, and it’s headed to 2.5 by 2030. Fewer workers are financing benefits for more retirees, and both programs are due to run short of money in the early 2030s. Some simple (but politically challenging) tweaks include raising eligibility age for SS, adjusting SS contributions upwards, making benefits means-dependent, and taxing employer-provided health benefits as income. And finally, taxes on the wealthy are going to have to go higher, because that’s where the money is. The share of national wealth controlled by the top 1% of earners has risen from 14% in 1990 to 16.8% at the beginning of 2024, while the share for the bottom 50% has dropped by a bit. Higher taxes on the wealthiest Americans would restore some balance lost during the last 30 years. Both presidential candidates are kicking the can down the road by assuring Americans they’ll protect Social Security and Medicare, with no changes to benefits. That makes it mathematically impossible to stabilize the debt! P.S. The Laffer Curve is NOT a truism! Named after the guy who proposed it under the Reagan Administration, it’s shown to have not worked… in the end, government has spent more…. Finally, all Government spending is not ‘wasted’ as you imply… spending on education, health, security and infrastructure are critical public goods that enable an economy to grow faster.. and as with any spending on public goods, cannot be effectively done by the private sector who will always have a moral-hazard issue (they will rely on others to spend but reap the benefits of others actions, thus giving an incentive for no one to spend on these goods). Of course, that’s not saying that everything the government spends on is right or spend efficiently!

[@mikes1776]

The debt cannot ever be payed down. Few things are impossible but $35,000,000,000,000 “is”! That is 35 times (10 raised to the 12 power), Damn.

[@ophidiaparaclete]

By definition sovereignty is free of all obligation liability debt.

[@FlexinVR]

Been hearing about this for decades. Still don't know who we owe money to. Can someone tell me. Thanks.

[@Chris_Richard]

People/Entities who bought government bonds.

[@poopjeans1135]

You mean people who bought politicians ​@@Chris_Richard

[@john5712]

What’s crazy is we print money to give away

[@goldassayer93555]

If the government switches us to CBDC they can set the tax rate and just take the "money" with the push of a button. Get your wealth out of the banks.

[@steener76]

Got some new ink.

[@louistan7560]

Janet Yellen is confident that MMT works.

[@NS-km7ek]

All of his videos predict the downfall of american dollar and give you his honest advice to invest in assets that would hold their prices. Instead of holding on to cash, obviously. There, saved you all 3838473729273 minutes. Bonus: Assets that doom and gloomers love. Gold, Crypto, Real estate, Art shares, intex funds.(last one may vary from doom and gloomer to another.)

[@KoDeMondo]

Nope! the US INTEREST repayments on the debt is one trillion dollar every 90days not a year...

[@fufubass]

@0:03 "The United States is 'closing in' on 35 trillion dollars...". Hey Stoic your info is a bit state. We're not 'closing in' we've already passed $35 trillion.

[@larsl1241]

Fed will just keep printing as long as the $ is World reserve currency, nothing and no one is stopping them...

[@simonpannett8810]

Japan coping with more than double the debt to GDP ratio????

[@scottarmstrong11]

As recession mount on Wall Street and inflation remains well above the Fed's 2% target, some economics sounded off on just how bad this downturn might be - and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement, my goal is to have a portfolio of at least $850k at the age of 60.

[@carolpaige2]

The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

[@frankbarnes22]

The volatility of the market is 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+

[@Johnlarry12]

This is definitely considerable! think you could suggest any professional/advisors I can connect with? I'm in dire need of proper portfolio allocation

[@frankbarnes22]

Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@Johnlarry12]

Thank you for this amazing tip. I just looked up Carol, wrote her explaining my financial market goals and scheduled a call

[@SirShiv7]

According to my democratic friends, debt doesn't matter and printing money doesn't either because we're America. My republican friends are too cowardly to do anything but whine. Yeah, we're screwed.

[@crash4dafun]

And what are you doing about it?

[@SirShiv7]

@@crash4dafun Plenty. I've invested in land instead of stocks, I'm growing food and tapping wells instead of buying nice cars, and I'm skirting every single tax that I can for as long as I can. Your turn.

[@crash4dafun]

@@SirShiv7 I'm a minimalist. Work as a plumber. My car is 20 years old which I maintain and work on myself. Grow some food also but don't pay taxes on land investments, collect gold and silver instead. I live in a van down by the river...

[@Lovemy911]

Any good news to report on here??.....😮 Nope....... A bit too much constant never ending doom & gloom now for me. 😁 Sorry max iv gotta go !

[@Anamnesia]

*_HYPERINFLATION_*

[@PeteKiefer]

I’m disappointed there is an advertisement plug in the middle of your video. Bye.

[@ericcartman9634]

oh dear

[@cyber5515]

There is a fourth option. They can crash the economy with a crisis and evaporate everyone's wealth during the crash (similar to the GFC). This makes everyone poor again, but not the government. When interest rates go to zero, they do QE for a prolonged period which moves all the gov debt from the private sector (which costs 4-5%) into the fed (which costs 0%). This process also produces near zero inflation as demonstrated by the GFC. . . . and that explains how the upstroke and the downstroke of the US economic engine works.

[@TheNivekvideos]

"EURO-Dollar"?????????? The Euro dollar market is 10 times larger that the domestic dollar??????? Jeff Snyder Eurodollar University??????

[@dongshengdi773]

Bitcoin dollars

[@johngibson4834]

Jeff Snyder From Cataraqui? 👈😆🇨🇦

[@TheNivekvideos]

The point is this??? The US does not control the Euro-Dollar Market, and it is 10 times larger, who is controlling the dollar???????? SmartA$$ Cracks aside....... If one does not know who Jeff Snyder is??? Poor souls.......

[@mileygray7794]

Isn't that the actual definition of a pyramid scheme? 😅 I could be wrong?

[@enbonj5842]

This channel is a joke man, I unsubscribed ages ago due to the doom headlines (I get thats what gets you clicks) just had a look to see how its changed since and its laughable. Cant call it stoic. How must your mental state be to be propogating doomsday incessently I honestly wonder. Anyway hope youre doing well regardless, nothing against you personally

[@gysiew4063]

Just continue to print more money

[@YankeefJone]

I've learned a lot about cryptocurrency advancements and want to get involved. I'm hoping to find a good mentor.

[@Nathan-om8es]

I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached

[@Nathan-om8es]

Evelyn Turner is the professional that guides me and her optimal returns are really impressive

[@Stefanie-qj7lw]

Yeah, I believe investing with a professional is the optimal approach, as it mitigates the risk of significant losses. Did you genuinely know her? I was under the impression that I was the sole beneficiary of her guidance through the challenges of trading.

[@lexi7043]

Seeing a remark regarding my manager Evelyn Turner is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21 k. She is very remarkable!

[@melissaziglar6620]

Goodness gracious I'm so excited seeing Ms. Evelyn Turner been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a KZbin referral like this

[@crash4dafun]

Stoic salesman...

[@zaberfang]

and to think a military general in the 1930's pointed this out.