U.S. Debt Default Inevitable, Only One Way To Stop It | John Deaton

[@Helen_white1]

Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

[@DhanaPayar]

Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment

[@Kin-28-8]

Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.

[@Theodorebarba]

Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.

[@Grace.h-t8o]

Do you mind sharing info on the adviser who assisted you? I'm 49 now and would love to grow my stock portfolio and plan my retirement

[@Theodorebarba]

'Stacy Lynn Staples' is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

[@DonaldMark-ne7se]

Invest judiciously, keep a stop loss figure. Shuffle between debt and equity wherever the ratio goes too off your target. As for the target, I recommend a Ratio like this Debt % should be equal to your age in years. If you are 20, debt is 20%, reset in equity. If the market falls or rises drastically, your debt % will change, which you should rebalance to 20% and bring back equity to 80%. Thus you would have bought low or booked profit depending on if it was a crash or a bull run.

[@Jamessmith-12]

Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .

[@JacquelinePerrira]

I totally agree; I am 66 years old, recently retired, with approximately $1.2 million in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, I didn't do all this alone, but with the help of a financial advisor. Having one is currently the best way to trade in the stock market, especially for people nearing retirement.

[@kevinmarten]

Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.

[@JacquelinePerrira]

'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@kevinmarten]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@sadns2000]

This guys makes sense , which means he will never become president

[@feelnrite]

I was just thinking the same thing.

[@Joe-ti7qd]

His solutions would cause you more pain than you can fathom.

[@mjg2332]

Yes it will cause pain... however if nothing is done or if America continues on this path the Question is will that be worse than or better than John's solutions.my opinion is make the change...let John DEATON try it his way because Elizabeth warren's way has proven to maintain the same old same old and people are already suffering.

[@Owenra]

The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

[@Monicamonasky-]

..Thats when you hire someone to manage your money. You need a financial-advis0r straight up! Even while $100k might seem like much, one bad decision might seriously deplete it.

[@donovantobs]

A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure.

[@rachelonigirl]

Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.

[@donovantobs]

*''TRUDY ELIZABETH STOUFFER’'* a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market

[@rachelonigirl]

I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her

[@VanChuong-on2gh]

We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.

[@sneakernyame-or7ld]

Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.

[@HarunTosun-wg4rc]

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst

[@anabelThomas-yo2xw]

I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?.

[@HarunTosun-wg4rc]

CAMILLA MARIE FULLER... has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.

[@anabelThomas-yo2xw]

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip.

[@majesticf0x130]

Justice for Peanut the Squirrel and Fred the Racoon!

[@rodrigopino9032]

What a disaster. Intentional killings. Anti freedom.

[@TubeBoobforyou]

Yes the commie libs are pure evil...

[@bpb5541]

Trump’s Plan Boosts Budget Deficits by $7.5 Trillion, Double Harris’s Proposal With Trump proposing tax cuts that would cost the government more than $8.5 trillion over 10 years and Harris recommending policies that would also cost several trillions, it’s possible that bond markets could once again revolt as they did 30 years ago. There is no justice coming for Peanut or Fred. 😂

[@ChristineLaGardsRottedFishFace]

They will print currency until a cup of coffee costs a wheelbarrow full of paper.

[@zzzzzach]

Finally someone with actual answers to the questions asked.

[@jonathanxxxx876]

You cannot cut your way out of recession you've got to invest your way out of recession, the Conservative party are in the dark ages on policy they've got to think again. My primary concern is how to maximize my savings/retirement fund of about £170k which has been sitting duck since forever with zero to no gains.

[@LemonTwistSmiles]

A strategy to protect against inflation is through the U.S stock market, especially the S&P500 & various ETFs. Investors must know where to put their money and how to distribute it in order to protect it against inflation while still making a profit, especially during a recession.

[@Tsunaniis-j5l]

The truth is that people are finally waking up to the fact that our systems are breaking down in thousands of different ways all around us. Personally, the financial market seems like the only way to go with my long-term horizon (accumulated about £557,000 in earnings since May 2021), but if you don't have that time luck, it's a tough market out there down almost nowhere feels safe!

[@MarkusZweig]

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

[@Tsunaniis-j5l]

Melissa Elise Robinson is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@Griffinguardian]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@DrunkenXiGinPing]

I like David ! He asks great questions that are significant and meaningful, unlike other channel hosts, who ask questions that don’t really mean much !

[@billysy4221]

Its not called waste, its called blatant CORRUPTION!!!

[@alanmcrae3679]

from UK. 30 years ago, In govt, we discovered, that they had just closed the dept that organised food for mules and donkeys- OPened in 1914 for WW1. a saving, but 70 years late. JUst the kind of thing where money vanishes.

[@lorilacour7816]

I like this guy! He’s smart and has solutions to our problems

[@jnanadas1250]

Well his solutions are unacceptable because it will kill the political career of whoever tries to do it.

[@Joe-ti7qd]

His solutions would cause the worst depression the world has ever seen.

[@Rueb-vm9ej]

I'm blessed only God knows how much I praise him, $60k every week! I now have a good house and can now afford anything and also support my family

[@Rileyali]

Oh really? Tell me more!

[@Rueb-vm9ej]

This is what Melissa Jonas Richard does, she has changed my life.

[@Rueb-vm9ej]

After raising up to 60k trading with her, I bought a new house and car here in the US and also paid for my son’s (Oscar) surgery. Glory to God.shalom.

[@Jennifermsanabria]

I know Melissa Jonas Richard, and I have also had success...

[@Jennifermsanabria]

Absolutely! I have heard stories of people who started with little or no knowledge but managed to emerge victorious thanks to Melissa Jonas Richard.

[@LeviRobinson270]

Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

[@Gshddgs]

Assets that can make one successful in life

[@Gshddgs]

I. Forex 2.Stocks 3.Shares

[@Gshddgs]

forex is profitable and lucrative investment online

[@Gzvshzf]

​@@GshddgsYou are right.

[@Gzvshzf]

But I don't know why people remain poor due to ignorance

[@tropicalbreeze-hh3sh]

John DEATON is exactly what it congress needs. His resume is incredible and when he said you got 12 years to get it done or get out of office I was sold on him. Look at the alternative (Warren) enough said. We need fresh blood new ideas instead of people that don’t have skin in the game telling us what we need to do to survive in America. John DEATON 2024!! Change is good for America!

[@skayed]

Good heavens I hope you unseat Warren. She needs to go.

[@jamesgames1820]

John- "You cant just continue to print money endlessly" The Fed- "Hold My Beer!"

[@johnz.2907]

I like this guy. I keep saying nothing will change until we're represented by working class people who know the struggle!!

[@mpetty9947]

Nothing will change then. The FED needs the middle class as working slaves to fund their lavish lifestyles.

[@MrPatrick1414]

Growth???...unfortunately there is no more manufacturing in the US and it will take decades to get that back

[@kathrynj.hernandez8425]

That ship has sailed. You are right Mr. Patrick. Decades! We cannot compete in labor and production. Because our entire population wants to maintain an ever-increasing high standard of living. We are a consumption and debt export nation.

[@MrPatrick1414]

@@kathrynj.hernandez8425 100%

[@grsafran]

Exactly, and someone has to finance those manufacturing plants that wont be completed for another 10 years. You would only invest in that if you knew you would have a monopoly. Now when has any monopoly ever lowered prices. You might get a job but not one that will pay you a living to afford a home. I guess its better than slavery though.

[@lancemairs4956]

I like this guy. Massachusetts is lucky to have him. Incisive and spot on.

[@Dan-eu6fl]

I like this guy and I don't care what party he's in.

[@kmng3207]

Taxing people more is the stupidest thing anyone could ever suggest. Taking money out of working peoples pockets means less money going into the economy. That’s real basic taxes kill our economy. Our tax money is not even being spent correctly. Why on earth would we want to pay more. My money should stay in my pocket. Your money should stay in your pocket.

[@hahamasala]

Try living in a country in Asia or Africa where they can't collect taxes and see how you like it.

[@mohammadsesthrahman380]

His ideas may be right to fix the budget. Many Americans may agree. Sadly it's falling on deaf ears! Thank you for uploading this clip.

[@jchong416]

Good luck to this gentleman against Warren

[@lw4164]

The people will take back washington. Its starts with candidates like John Deaton! Much love bro! Have JD on again.

[@UtilityMaximus]

Vote for John Deaton!

[@genestone4951]

Will the voters who were dumb enough to vote for Liz Warren now be smart enough to vote for this guy?

[@kevinsharpe87]

I did

[@truthseeker9701]

The US defaulted a few times the last I checked

[@David-ki5ff]

I agree. It defaults everyday with inflation. Then when Roosevelt tried to confiscate gold and Nixon closed the gold window.

[@larsnystrom6698]

1971 for example, when Nixon unilaterally canceled the direct international convertibility of the United States dollar to gold. That was the perhaps most important default in the US history. From then on, the USD has constantly lost value. Googling "how much value has the USD lost since 1971?" gave me: "The U.S. dollar has lost 87% its value since 1971". My guess was 90% 🙂 What happens now is much worse, though. The default spending is unstoppable, and will kill the USD. The interest on $36 T in debt increases the deficit spending uncontrollably. Currently, and increasing: Cumulative FY24 interest payments: $843 billion Cumulative FY23 interest payments (through August 2023): $630 billion

[@manucamga]

Gold, BTC, quality global stocks, yes, however not property, if the U.S. dollar gets hyperinflation everything becomes worthless in that country, only global assets survive. Yes assets will go up against the U.S. dollar, however the U.S. dollar would become worthless compared to other currencies or global assets. As for property in the U.S, property is a national fiat asset, it would go up in value against the U.S. dollar, however not in other currencies or global assets. .. Anyone feeling the impact of these economic shifts should consider Crypto long-term trading strategies to protect their assets. My advice to anyone feeling the heat in this inflation, just trade long term more than ever, I have made over 520k from day trading with Sandy Barclays in few weeks, this is one of the best medium to backup your assets incase it goes bearish..

[@manucamga]

Sandy Barclays program is widely available online..

[@MikeBundchen]

The truth is, with this recent economy everyone needs more than their salary to be financially stable. The best thing to do with your money is to invest it rightly because money left for savings always ends up used with no returns...

[@mdegroot9]

Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.

[@baucha52]

Sandy gave me the autonomy I need to learn at my own pace and ask questions when I need to she’s so accommodating.

[@xSMILEx24]

When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it.

[@MestizoMoney]

His idea of stopping spending on departments until they pass an audit would destroy a lot of departments in the short term. The department of education would be wrecked.

[@minesadab]

good. As Milei would say, "afuera!!"

[@kenwinn7258]

Department of education is an oxymoron. Defund it completely it accomplishes only mediocrity.

[@stevenkellysillick4042]

Betty deFalse already sucked up the juicy appropriations from DoE

[@mjg2332]

Good Because the department of education is a joke in America.the kids coming out of school today are by far less ready for society than they were 30 years ago... politicians and woke culture are the downfall of our education...hell American schools don't even teach correct financial education...but that's by design...all so the people at the top can maintain their power... America is soon to be a failure if we continue this circus we call politics...that's why we need people like John DEATON... someone who can actually answer a question..unlike the media's savior Kamala...who by the way is just another puppet in the long line of puppets that supposedly "Run this country" ...Kamala whats your plan to fix the economy? Kamala... " My mother was a hard worker and we lived in a lower income neighborhood.... This is the answer that people are accepting...and Donald is perhaps the most narcissistic person on planet Earth...these are our choices...what a joke we have become

[@mjg2332]

Good Because the department of education is a joke in America.the kids coming out of school today are by far less ready for society than they were 30 years ago... politicians and woke culture are the downfall of our education...hell American schools don't even teach correct financial education...but that's by design...all so the people at the top can maintain their power... America is soon to be a failure if we continue this circus we call politics...that's why we need people like John DEATON... someone who can actually answer a question..unlike the media's savior Kamala...who by the way is just another puppet in the long line of puppets that supposedly "Run this country" ...Kamala whats your plan to fix the economy? Kamala... " My mother was a hard worker and we lived in a lower income neighborhood.... This is the answer that people are accepting...and Donald is perhaps the most narcissistic person on planet Earth...these are our choices...what a joke we have become

[@heldenkatze]

the government will never get a pay cut. EVER.

[@RegretfulVet]

Great guest, great show, thank you 🫡

[@kalobrogers235]

I like this guy.

[@travisanderson1694]

This dude is so fucking smart....exactly what we need...my faith in the people who will vote for such a man...?

[@TanquerayTom64]

Running against Elizabeth Warren? I'm in!

[@philfortner1805]

Americans will never support the kind of spending and tariff changes required to fix this. The collapse will accelerate exponentially until a Bitcoin standard is adopted. Those who debate that point will just get poorer as dollar prices skyrocket.

[@felixreyes3619]

The one and only John Deaton! #votefordeaton

[@Fastapproaching]

We had 15 years of good times and we tripled our debt, what do you think's going to happen to the debt during bad times, it'll go up 10 times

[@joshuarojas9282]

Walter White is that you?

[@dialecticalmonist3405]

You're God damn right it is.

[@issenvan1050]

Heisenberg

[@InsaneOrWhat]

@@dialecticalmonist3405hahaha

[@Joe-ti7qd]

No...that's HANK.

[@samuraitadpole5459]

I knew a beard would work for him​@@Joe-ti7qd

[@forestc6014]

We are all operating under Einstein’s definition of insanity. Looking to the trends of a failing system to build a new system. When man maximized the power of a horse, he didn’t try to change the horse which can’t be changed, he built an entirely new type of horse.

[@radicallycenterist5800]

Correction David, the US hasn't defaulted on its debt in over a hundred years. Before that, the US defaulted on its debt every 7 years on average. That is how we got the former currencies: greenback, continental, silver backed dollar, etc. Those currencies became worthless, and you only maintained value if you owned an asset that could be revalued into the new currency or you held coins which had metal content value. This is the real reason behind digital currency, they don't even want you to have coins.

[@stevenkellysillick4042]

Oh

[@davida4880]

Stop taxing gold and silver as collectibles!!

[@bpb5541]

Just be careful. FDR stole American's gold during the Great Depression. I think history repeats itself.

[@25Soupy]

23:00 minutes of the video: Yeah like bad actors and criminals haven't been using cash for the last 2000 years.

[@angelsoul3359]

His first mistake: Stand-alone spending bills for Ukraine and Israel? There shouldn’t BE spending bills for foreign wars. Still, very knowledgeable and obviously a DOER, not just a TALKER.

[@isaiasmiguel195]

You dont know what you talking dude. Do you think dollar as International currency is for granted? If they dont invest for worldwide policy, things will go really bad pretty faster.. STOP SPENDING THAT MUCH DUMB!! you should learn to eat less, go for shows less, go out less and WORK MORE.. a little more empathy and going back to the basics.. go learn with history

[@ActiveTravelWestUSA]

John is brilliant! Excellent show!

[@JamesKjones-n7r]

Coming out of facing alot, I knew two things about the stock market: It caused the Great Depression, and the fastest way to make a million on the markets was to start with two million. And then the Great Recession happened only a few years later. So yeah, I wish someone had better explained it to me earlier in life. Having a good entry and exit strategy will make you succeed in the stock market.

[@DanielleB.Wooten]

There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

[@KimberlyO.Kitchens]

Exactly, most of the investors pays more attention to the profit aspect forgetting that the market involves ups and down. securing your financial position requires lots of patience and proper education on the market so as to know the right profitable stock to buy and invest in. I made over $260k in profits, from just the Q4 of 2021. Investing in the stock market is most profitable when you understand how the market actually works.

[@CharlesT.Foster]

I really acknowledge your comment, i have been trading stocks for a while now but i have not been able to make much. how do you achieve this feat?

[@KimberlyO.Kitchens]

Her name is Stacy Lynn Staples can't divulge much. Most likely, the internet should have her basic info, you can research if you like.

[@heatherj-o5j]

Thank you for sharing, I must say, Jessica appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.

[@tboughnou]

unleash US innovation, corporations, and consumers

[@anonymousAJ]

The US has defaulted several times 1790 - deferred interest payments 1862 - default on greenback redemption 1933 - default on Liberty Bonds' gold clause 1971 - default on foreign gold obligations 1979 - default on Treasury Bills due to debt ceiling

[@Garden-offgrid]

Just about to click over to 36T. 150 billion added today!

[@bpb5541]

Not too much longer now.

[@Garden-offgrid]

@ I think by the end of 2025 it’ll be 45 trillion

[@crypto7957]

😮😮😮😮

[@AsAboveSoBelow111]

Massachusetts classical liberal here. Deaton has my vote as well as Trump for 2024. Keep up the good work Deaton!!!

[@foxmoongaze]

You could say the USA has already defaulted when it devalued the dollar in 1933 from $20 to $35 an ounce of gold, and again in 1971 when it suspended the conversion of the dollar into gold.

[@EdwinClayton-nd6ut]

Great ideas. America needs this man in the Senate!

[@ChristianNantel]

Excellent approach to the isssues, common sense, that's what this country desperatly needs !

[@389293912]

Income taxes are counter-productive. Individuals make better use of money than politicians. Having to file information about your finances is a blatant violation of the fourth and fifth amendments (privacy and self incrimination).

[@TheKietNguyen-dy1dz]

Super super great information Brothers 👍😊❤

[@kevinsharpe87]

Massachusetts needs John Deaton. He has my vote

[@andrasgergely1051]

Default happened for at least for 4 times!!😂😂😅😅

[@cloudiermonk]

We have defaulted... with our last money when we closed the gold window... Oops sorry we spent more than we had and can't pay you back... just keep using the iou s and we will give you what we can

[@GreenIsland38]

John Deaton made some good points, he did not however mention the 800+ Military bases outside of the US, totally unnecessary and costing billions each year.

[@xDooksx]

Anybody but Warren.

[@DPitty]

Thanks for having John on.

[@emperorpenguin4663]

Hope the WH listen to ideas this veteran just voiced. He understands the fabrics of our over-expenditures.

[@kevhall4802]

A big fan of John Deaton He keeps it very real and is a straight talker Good luck to him winning against Warren !

[@futurepastmoney]

The u s has defaulted in the past. They will do it again.

[@bpb5541]

They have. This time is different 96% of the purchasing power of the dollar is gone. They dont' have any manuvering room. They need to be super careful or the dollar goes to zero. If that happens, none of this stuff will matter anymore. Be careful, be safe, be kind. Stack food and water. The more the better.

[@nathiryouhanna4867]

24.40 it's not failed foreign policy. It's intentional foreign policy

[@hex_army]

Support John Deathon ❤

[@mjg2332]

What a well spoken and passionate man.JOHN DEATON has my vote.we definitely need more common sense in our Government and John seems determined to make a change. Elizabeth warren is determined to devide people in an attempt to gain votes ...we no longer need her distorted rhetoric.

[@ampiciline]

he got my vote . smart and humble

[@rodrigopino9032]

Stepping it up! Brilliant man, it must be known.

[@facesmile4667]

Never happened doesn't mean it will never happen. Never is is never forever. There were so many things that were never.

[@TravisLeeism]

Great interview!

[@alexmarshall8894]

Agree with your guest.

[@sabbyg725]

It’s about time you start speaking about XRP David. Now do some research on its future. You may be surprised 😉. Awesome work by the way. Good job

[@notgunnadoit7461]

We do not have an opioid problem. I've been on and off opiates for over 2 decades after severe injuries from serving in 4 wars. What we have is a mental health crisis. Why do normal Americans drink alcohol? Hundreds of times - if not thousands of times - more Americans die from decades of alcohol use and abuse then they do of any oxycodone or fentanyl. It's not even close. Let's use science, data and real numbers. We have serious mental health issues that's why Americans tale opiates and drink alcohol. It has more to do with depression, PTSD and anxiety then it does to do with any drug that elevates the emotional pain people are suffering from. I'm so tired of ignorant unscientific people talking about opiate crisis. ITS ALWAYS MENTAL HEALTH! Not the drugs.

[@notgunnadoit7461]

and yes every time I go off the medication I have to go through withdrawals and I've never abused them. Never bought them off the streets. Never stolen anything or robbed anyone to get drugs. If you wan to tackle the issue of drugs and suicide then we have to take serious look at mental health.

[@sojourneroftheland]

Well this was interesting! The very first time I clearly see how a competent lawyer could be useful in the senate. The crooks in the government are the biggest legalists, pushing one crooked law after another. Valiant effort, wont likely work. XRP is the backup :)

[@jeremiah8746]

We have a spiritual issue. Only God can save someone from addiction.

[@dolo4213]

If I was from his state I would definitely vote for him over warren any day

[@MrDamon888]

John is the man. Wish I could vote in Maryland

[@seandimarco]

When he walks out for his campaign speeches, they should play the breaking bad intro

[@GreenisYellow]

Wow this was a good one great job

[@cryptolatino9220]

Makes a lot of sense, look at the history of the Roman Empire and how it came crashing down after hyper minting coins (printing money) and over-expenditure.

[@DebVelezOID]

He is so right Dave !!

[@InsaneOrWhat]

Please don’t promote gambling 🙏

[@midnightrider5797]

Just imagine what this country could do with the 2 trillion dollars that the Pentagon manages to misplace and can not account for every year.

[@robmothershedrm]

Best 1 yet -!!!!!!! 👍 Logical Leader

[@erickanter]

The fed can save the currency or the bond market but not both.

[@bpb5541]

Close. If the FED makes the wrong decsion. The Bond market is going to rip everyone's face off. The bond market controls the bond market the FED has NOTHING to do with it. The FED needs to raise rates not cut them. How do we know. The Bond market is tell us so. And while the bond market has made mistakes in the past, it is a rare event. Be careful, be safe, be kind. Stack food and water, the more the better.

[@wz60262]

Don't talk to politicians if you want to learn anything useful. Please don't invite them on your show.

[@kevhall4802]

Hes a lawyer running for a senate seat to unseat a corrupt politician Maybe if you open your mind a bit you might also learn something useful

[@RWROW]

A senator who recommends debt default. No thanks.

[@bpb5541]

No politician is talking austerity. We get a hyperifnationary depression right into a default. We finally get one talking about getting spending under control and he is hated. This is the exact reason neither Trump nor Harris has talked about this stuff. It doesn't win elections. Helicopter money wins elections. And helicopter money is ruining America... slowly and then all at once.

[@peterquin1443]

History lesson for John. Every attempt over the last 40 years to grow our way out of debt has always led to greater debt. It doesn’t work! It's like trying to fill a bucket with water that has holes in it....... and they keep drilling more holes!! The only way to fix it is austerity. Plain and simple. STOP OVERSPENDING you drunken sailors!!!! Balance the budget now!!!

[@violetlightburst]

Most crypto people push default black swan scenario.

[@stevenkellysillick4042]

Crypto junkyism is the casual means of sedition

[@sammymckay9218]

Can somebody explain to me the actual numbers behind the statement, " we cannot pay off US debt by taxing more." the corporations in the United States make 28 trillion in Revenue every year and are only paying what like 25% in taxes what if we were to up the amount of taxes that these corporations were paying from let's say 25% to 35%, that would more than make up for the difference of the two trillion dollar deficit that we have how is that impossible?

[@4mb127]

What do you mean you can't just keep printing money? Of course they can. And they will.

[@mikemcglauflin8985]

Volunteers make communities. Debt makes slaves. I won't sorrow at the birth of liberty.

[@jonb5493]

Elizabeth Warren 1, Jon Deaton 0. But then .. DJT 1, Kamala Harris 0.

[@armondlevinia9221]

Wish i lived in mass to vote for john. Finally, someone who talks about getting rid of the "omnibus bill.". Remember pelosi telling us that we had to pass the health care bill to find out what was in it!

[@stevenkellysillick4042]

Sounds like he wants an omnibus to me

[@jeffsurfanderson]

You don't want government doing any more they'll think it's their duty to help its citizens but it doesn't need help it needs the private sector to build houses

[@diblack4769]

Printing money as an extratagy should be a short term extratagy

[@JoeButtcrack]

Massachusetts has a right to shelter law. It should be called the right to be bankrupt and penniless due to federal reserve inflation law

[@stevenshorten6184]

Of course they'll keep printing money. They're not going to ever stop on their own.

[@pabs5270]

Great show!

[@johnshaff]

“At some point”… means nothing. I changed the video after this. More analysts saying that debt is unsustainable is like saying the sky is blue. Alpha is taking a position on when this unravels. If you can’t say when, you have no alpha and are just waiting breath

[@gringadoor5385]

120% debt to GDP cannot be grown out of. The only way out is through debasement of the dollar and inflating away debt.

[@jcgoogle1808]

Sure it can. I'm not an MA resident,.. but if they're going to allow illegalaliens to vote,.. then out of state US citizens ought to be able to not only vote anywhere including MA,.. but anywhere AND as often as they want. This guy has my million votes to replacePocahontas. Having said that,.. First,.. The US doesn't HAVE to default, There are 2 other options,.. 1. the preferred,.. the US can grow its way out of the debt to GDP problem,... by; A. as he said bring in Musk to clean house on fraud, waste and the insanespending to try to stop the climate from doing something it's been doing for 4 billion years,.. (in 2007 Al Gore promised sea levels would rise 20 ft by 2014,.. if we didn't spend trillions to stop the climate from doing something it's been doing for 4 billion years,.. and here we are,.. a decade beyond the greatclimatetsunami and sea levels HAVEN"T risen any more than the decadal average over the last 100 years,.. about 1" per decade,... NOT 20 ft, not 2 meters, not 2 ft, not 2 inches,.. but 1 inch per decade. B. with the help of the above and more,.. in the beginning,.. just lowering deficit spending from the unprecedentedcriminal levels of about 8% of GDP,.. to the level of real GDP growth,. or about 3%. (Even Hanke is starting to preach this) and with further efficiencies and fraud, waste and pork removal,.. and most importantly pro-business investment incentives,.. as he says,... to grow capital investment rather than government pork "investment",.. eventually balance the budget. or the unliked kicking the can down the road,..option,.. 2. becoming Japan and having the Fed buy the debt and enacting yield curve control. The problem with this is,.. Japan has a current account surplus,... the US has a trade deficit,.. so internally and externally inflation will still ensue. Eventually this won't end well. The US will lose reserve currency status and hegemony,.. because we won't be able to fund our defense, let alone anything else. So actually we have one option.

[@billspencer8540]

Ehm, the US already defaulted in 1971 when Nixon pulled the plug.

[@chris-st6sm]

words mean things.

[@crypto7957]

Ehm,😊 great