Is debt logic hard to understand? There's a lot of good comments on what debt is. Do you think you are good at balancing your finances?
@twisted92855 жыл бұрын
No
@zuriel31675 жыл бұрын
lmao 2 likes feels bad man
@rismarck5 жыл бұрын
Debt isn’t hard to understand..but you explained it clearly from your point of view instead of how it truly is: left out information, misleading information, half truths. You basically created a video of your own believes with some facts to make it seem true instead of the actual truth. Honestly your channel is losing more and more credibility the more you upload
@TheInfographicsShow5 жыл бұрын
@@rismarck I would love to see your side of the coin. Thank you for the feedback.
@ChandravijayAgrawal5 жыл бұрын
@@TheInfographicsShow you forgot to add who owns most debt of US,and what is role of imf debt in other country economies
@nickolay15214 жыл бұрын
Mr beast 2019: buying a homeless man a house Mr beast 2050: paying off US debt
@idiosyncraticlawyer34004 жыл бұрын
I would have written "I edited this comment so no one would know why so many people were wooshing me" without quotes, but that would be hypocritical.
@c.i.a.9324 жыл бұрын
Jeffrey Jinyuan Feng r/wooooooosh
@WellCookedPotatoes4 жыл бұрын
Jeffrey Jinyuan Feng r/woooosh
@leifc.60454 жыл бұрын
Gold/silver only way to get rid of debt. And limit spending/cut excessive gov spending.
@Saboguin4 жыл бұрын
😂
@Frozenm165 жыл бұрын
So the United States is a giant college student? *Dang....*
@spillz2335 жыл бұрын
@Provocateur *do you mean OIL*
@benom17125 жыл бұрын
@@spillz233 yos
@huonsmith5 жыл бұрын
i think you mean a giant _american_ college student
@WyvernApalis5 жыл бұрын
Huon Smith giant is an accurate description of Americans
@huonsmith5 жыл бұрын
Wyvern Apalis now that you mention it, yeah. But I was actually referring to how college debt works in America compared to other places. Students in other places don't feel crushing debt like Americans because the they pay it off differently.
@unfinishedcookietm21955 жыл бұрын
Is it just me or does the audio seem a little weird? (Edit) not the Narrator but the audio itself
@azurmax11245 жыл бұрын
it's not you I thought my earphones were broke but no, it's the video
@FreeTh1nk035 жыл бұрын
No I hear it
@raceris73095 жыл бұрын
thought I was the only one
@GermansEagle5 жыл бұрын
me too
@KJ-ss3jr5 жыл бұрын
Its cause youre watching 1080p 60fps and youtube on mobilephones and bad computers cant take that much. Set it doen to 720p 60fps and you get clean audio.
@WigWoo13 жыл бұрын
I thought if we paid off our debt, inflation would revert back to the early 1900's where a hamburger would cost 5 cents. Minimum wage back to 25 cents an hour and the value of money would skyrocket back to what it was 150 years ago
@Notevenmad9553 жыл бұрын
Not happening because everyone rich enough has a stake in the dollar becoming worthless by the day due to all the assets they own. While the average joe will struggle to earn more money just to afford something he could 20 years ago
@sturutherford6973 жыл бұрын
No that won't happen wigowoo1. That's due to compounding inflation. If you need me to, explain in flatiron just ask. Another reason why we won't pay off debt, is debt gives the dollar value. For a micro economic example, if you get a loan for a house, that loan is repaid in US dollar. Macro economic example, the government takes out a loan from China to build a highway. As of today's standards, China expects to be paid back in USD. USD is the world trade currency because it is stable and comparatively strong. Strength is derived from demand, so us based debt is a big demand, along with other countries needing it for trade, debt, etc.
@sturutherford6973 жыл бұрын
@@Notevenmad955 due to wage stagnation but affordable comparatively is better, due to cheaper manufacturing. Evolution of technology also drives prices up. Lookup a 1950s Washing matching and compare it to a cheap modern one. Way more technology. More that likely accounting for past wage and inflation back to 1950 it cheaper now too. Perfect example, my dad traded a ford ranger for a computer in the early 90s, now I can buy one for next to nothing.
@warbossbonesmasha37513 жыл бұрын
@@sturutherford697 Isn’t the euro stronger than the dollar?
@sturutherford6973 жыл бұрын
@@warbossbonesmasha3751 it is. There are stronger currencies but none more stable than usd or the pound.
@Seto_Saotome5 жыл бұрын
Not even Thanos can make the debt disappear.
@anshkatiyar79885 жыл бұрын
hey, but don't doubt jesus
@moderndissident59305 жыл бұрын
He would pay half of it.
@sheengreen8645 жыл бұрын
Only half of it.
@RealMailou5 жыл бұрын
Lol
@thefreakgamerp5 жыл бұрын
He would not be able to remove usa*
@ATM-GAMING-115 жыл бұрын
6:53 for the answer. You're welcome.
@user-ys1pt6uz3t5 жыл бұрын
ATM GAMING thank you
@daewongi34515 жыл бұрын
GBU😂
@tg.13darealest375 жыл бұрын
Thanks man
@kroert22595 жыл бұрын
You’re**
@ATM-GAMING-115 жыл бұрын
@@kroert2259 I know the difference. It was a mistake. This isn't English class.
@junebug84853 жыл бұрын
"It doesn't matter how rich you are, if you're in debt you're poorer than someone who has no money and no debt" -some random kid in my freshman year
@procyon64453 жыл бұрын
He’s wrong but ok
@aayaanfarooq94273 жыл бұрын
Yeah cuz let’s be real the US won’t play off it’s debt but ok
@reecejennings40443 жыл бұрын
Debt creates wealth, you will make no money in your life with out rist
@@Jay-tx2wz Most businesses start using loans around the whole world. Loans are debt. Businesses can make money. 1 + 1 = 2.
@theraftisnext50162 жыл бұрын
Genie: You can have three wishes Me: I want a girlfriend, a better education system, and the US Debt to be paid off Genie: OK, now I have six rules
@thepacificcraft45052 жыл бұрын
lol
@TeamElectoKnights2 жыл бұрын
Underrated comment.
@youraveragerobloxkid2 жыл бұрын
Its actually 5 because the original rules no wishing for love No wishing for the dead to come back And no wishing for money
@irenaveksler19352 жыл бұрын
@@youraveragerobloxkid no wishing for money isn’t a rule in geneies
@youraveragerobloxkid2 жыл бұрын
@@irenaveksler1935 oh right, it was no wishing for more wishes
@Juggornawt4 жыл бұрын
"Running a budget deficit the government has 2 options: 1) Printing more money. 2) Borrowing money." How about 3) ...Spend less money?
@jackhartzell60744 жыл бұрын
Shhhh KZbin is a socialist platform. You're not supposed to know that!
@jarednelson35394 жыл бұрын
@@jackhartzell6074 i think you pooped your pants
@sebastiangarcia-yb5ro4 жыл бұрын
Jack Hartzell socialist? KZbin is in favor of public ownership of the means of production? Last I thought it was owned by Google a multi national nearly trillion dollar company that had benefitted beautifully thanks to Capitalism. You don’t know what you are talking about.
@sebastiangarcia-yb5ro4 жыл бұрын
Modern monetary theory could be the answer that republicans, democrats, tax payers & corporations love. Answer to debt, social safety nets, low taxes/ unemployment & high gdp
@jackhartzell60744 жыл бұрын
@@sebastiangarcia-yb5ro billionaires such as Jeff Bezos, Mark Zuckerberg, George Soros etc. have benefited immensely from capatalism yet they back Marxist candidates in elections across the globe. Large corporations can be hypocritical too you know...
@therandomshow87083 жыл бұрын
USA has to pay its debt IRS: let us introduce ourselves
@fernandoaispuro1593 жыл бұрын
@Big Blue lol I can imagine you wearing a Tin Foil hat as you typed that.
@3manu3l_xd3 жыл бұрын
Lets tax the poor, and ignore the rich! Lets go!!!
@Stevie86543 жыл бұрын
@@3manu3l_xd The poor pay almost nothing in taxes. Working poor people usually get back more than they paid in, especially if they have kids.
@evanb74493 жыл бұрын
This had me rolling 🤣😂
@stephennicol95493 жыл бұрын
@@Stevie8654 it's the government's payment for producing Cannon fodder for the military
@WholesomeLad5 жыл бұрын
Let's just take the debt... and push it over there!
@nandinhocunha4405 жыл бұрын
Every Americans president
@FROMWHICHPLANET5 жыл бұрын
Sponge Bob reference
@nhsstream38775 жыл бұрын
Aaaaand it’s gone
@zackgrider81665 жыл бұрын
Let's give it to Mexico and they pay for it lawl xd
@zackgrider81665 жыл бұрын
@Junkrat fair point. btw what was the name of the older sister from Phineas and Ferb? i need to know for my next comment.
@corey22323 жыл бұрын
Japan actually has a much larger debt than the US in comparison to GDP.
@Nonamelol.2 жыл бұрын
Japan has a debt-to-GDP ratio of 256%. That means that Japan's national debt is more than two and a half times its total annual economic output.
@idifjrivhjf51982 жыл бұрын
@@Nonamelol. cool
@idifjrivhjf51982 жыл бұрын
@@Paonporteur ofc not
@idifjrivhjf51982 жыл бұрын
japan best countyr😀😀😀very develop imo
@news26boom5 ай бұрын
The problem is that if something happens where the Yen's value is doubted, it will immediately collapse.
@BarakaPlay5 жыл бұрын
you guys need to reupload this video, the audio is really bad
@bowlingpin36735 жыл бұрын
yeaa thought it was my headphones
@michaeltorres42105 жыл бұрын
Yeah it really bad
@benflammer72175 жыл бұрын
Not for me!
@ElyTechGuy5 жыл бұрын
It cuts off sometimes
@cheekybum15135 жыл бұрын
Demon of insanity me too
@huss3in_5004 жыл бұрын
Lets be honest they're not gna pay it off😂😂
@colebaldwin90844 жыл бұрын
Yeah. Who is going to punish us? The aliens?
@posadist6814 жыл бұрын
@@colebaldwin9084 the catgirls that were in area 51 would have, but nobody showed up for the raid so yeah that debt is just gonna sit there
@4th19th24 жыл бұрын
@amine dz How? Personal Debt and National Debt are different.
@4th19th24 жыл бұрын
@amine dz Personal debt is unambiguous. I you have net debt then you as an entity are in debt because you owe money to some other entity(s). National debt is your government borrowing money on behalf of you and your compatriots to spend on behalf of you and your compatriots (for current consumption and/or investment). If the national debt is borrowed domestically from you and/or your compatriots, then your nation as an entity does not have net debt because it has borrowed from itself. However, whatever part of the nations borrowings might be represented by money borrowed from foreigners is in fact real net debt because your nation as an entity owes this money to other entities on behalf of you and your compatriots.
@jaymehta42794 жыл бұрын
@@colebaldwin9084 that's what your country is made on people like you thieves
@themaniac38115 жыл бұрын
That's still cheaper than a student loan Edit: thank y'all for the likes, this is the most likes I've ever got I'm bilingual and you shouldn't be toxic about someone's grammar, my mother tongue isn't English
@biancaortegaa5 жыл бұрын
Lol
@clappedcloud36525 жыл бұрын
Oh shiiiiiiit
@rurikvolkov28105 жыл бұрын
I paid mine off already lol
@artonline015 жыл бұрын
I can tell by your grammar it was not well spent.
@abhaysharma9665 жыл бұрын
Economics is tough, That's why who does it best gets the Nobel Price. Quick Quiz: Who got NP this year for economics.
@xanderarredondo75933 жыл бұрын
I’m a strong patriot in America, but I do not have faith in paying off that debt in my lifetime.
@macias71252 жыл бұрын
Nah it will pay it off, just have faith
@alonymelony80472 жыл бұрын
@@macias7125 nah
@macias71252 жыл бұрын
@@alonymelony8047 yuh
@kevmoful Жыл бұрын
It will take a strong WW3 victory to “pay” the debt.
@TrickorTriett5 жыл бұрын
Just the word “debt” gives me anxiety
@canadianlosr64795 жыл бұрын
What about "broke"
@rockstepguy35245 жыл бұрын
the word "debt" triggers me, where is the trigger warning?
@taureon_5 жыл бұрын
debt
@pongangelo20485 жыл бұрын
debt debt debt debt debt debt debt debt debt debt debt debt debt debt debt debt debt debt debt debt debt debt debt debt Are you still alive?
@youngchristie51885 жыл бұрын
You sound so much like a beta-Male smh
@muhammadwibowo16615 жыл бұрын
Dont waste your time guys 6:52
@splashnskillz375 жыл бұрын
Thx
@M_rco5 жыл бұрын
Thx
@PreAlgebra5 жыл бұрын
Lol thx
@Dory._.5 жыл бұрын
Yo, ily
@x0nks5 жыл бұрын
You legend.
@zackhario18865 жыл бұрын
The choppy audio is just awful, its giving me a headache. It needs a redo.
@dropdeadnahshon66115 жыл бұрын
Zackhario lol I was originally thinking it was my headphones.
@thomasjohnson80335 жыл бұрын
It did my head in.
@pingu29925 жыл бұрын
Boi check your fucking compressor
@SlyMonie5 жыл бұрын
It's like he's slamming his fist on to a desk
@dabiken36075 жыл бұрын
lol I thought it was my headphones too
@nolanpeterson54003 жыл бұрын
I've used your software since you had the old DOS 1.0 version with NAIC. I use it to record every transaction in my portfolios, Then I monitor my overall asset allocation closely. The addition of asset allocation reports was one of your best upgrades to the program.
@pekee93042 жыл бұрын
I like your funny words magic man
@yotokil29142 жыл бұрын
@@pekee9304 it was probably a mistaken comment since he's talking about an old unrelated program and an addition to it he liked
@thomasshelby53222 жыл бұрын
@@pekee9304 😂
@Klaasvaneenshonie5 жыл бұрын
Is the audio stuttering or is it me?
@hac33595 жыл бұрын
Nope, heard it aswell
@kaisoo25565 жыл бұрын
Me too
@japanrain74365 жыл бұрын
Same
@IanCookUS5 жыл бұрын
i didnt
@reallythinkiwasgonnahavean1885 жыл бұрын
No
@Sinterex4 жыл бұрын
This man's audio is killing my ears
@sgtpepper54353 жыл бұрын
It sounds like he’s punching his mic every 30 seconds
@rico65463 жыл бұрын
So glad I’m not the only one.
@kadenlayne44043 жыл бұрын
frr
@callmebig_e3 жыл бұрын
100th like
@danielklimovich3 жыл бұрын
I felt like it was just me
@just-a-silly-goofy-guy5 жыл бұрын
It won’t be paid off until it doesn’t even exist anymore
@TarigonTetradactyl5 жыл бұрын
kremit the frog i feel attacked
@andybanks81075 жыл бұрын
My brutha
@hamburger46265 жыл бұрын
Feminists be like T H I S I S RAPE
@wakeeqq5 жыл бұрын
What if it gets *nuked?* 🤔🤔🤔
@TarigonTetradactyl5 жыл бұрын
AgentKE We will not get nuked by other countries, we will most likely nuke ourselves
@TravisFabel2 жыл бұрын
Man... if this was remade in 2021, it would be very different.
@gmasta5555 жыл бұрын
What’s up with the audio? Sounds like he’s hitting the mic.
@pasreppas64545 жыл бұрын
i am having the same problem, he just needs a pop filter and the audio will be better.. i think
@phosphophyIilte5 жыл бұрын
it only happens when he says "p", its not a audio issue, its just hoe thr microphone he has is made that eay
@joshreddy42785 жыл бұрын
Me to
@iiWNMii5 жыл бұрын
Pop filter and EQ. Maybe some softer compression
@skengdo24585 жыл бұрын
thought it was only me lol
@Kevin-sh4ih5 жыл бұрын
The government should get Skillshare
@noice26065 жыл бұрын
Kevin 😂
@Sakuya7275 жыл бұрын
🤣🤣🤣🤣🤣
@nelsonkiiru72525 жыл бұрын
🤣🤣🤣
@frankhalliday80714 жыл бұрын
If they sign up within the first 1000 people they could get their first 2 months free!
@haroonhassan81154 жыл бұрын
🤣😂🤣😂
@moer2475 жыл бұрын
Do a video on what would happen if everyone took their money out of the banks.
@tacobuns40855 жыл бұрын
the great depression #2
@tss_gaming45525 жыл бұрын
If everyone took their money out, a lot of ppl wouldn’t even have their money back because the bank loans out the ppl’s money. But actually that wouldn’t happen because the FDIC will pay everyone who lost their money up to 100,000 dollars
@user-ij3fv5bz2p5 жыл бұрын
@Mike Bartley ikr
@mornthunder32805 жыл бұрын
This is partly the cause of the great depression. Two things can happen. 1.Everyone rushes to pull their money out of commercial banks, and the Federal Reserve increases the money supply so that these banks have the money to hand out. Or, in the case of the great depression 2. The fed reserve won't increase supply and therefore the banks lose their liquid assets (money) and go bankrupt.
@1313eable5 жыл бұрын
Then almost everybody will lose their money, the country will go bankrupt and you get another financial crisis in the entire world. So, just don't.
@narhem1232 жыл бұрын
The good old times when the US debt was only $21 trillion (at the time of this video). Now we owe $30 trillion.
@user-nd7rd8jo6h5 жыл бұрын
And yet I'm a bad guy for not making enough money to pay my student loans...my government is setting a terrible example.
@vatu5 жыл бұрын
I still dort know why you guys have to pay for that. I was born in russia and live in germany, and education is completly free in both countries. Taxes also aren‘t that high.
@deegandeloof49535 жыл бұрын
@@vatu It's because the US is flawed and doesn't want to pay for education or healthcare, only military expenses.
@acutechicken57985 жыл бұрын
Because people have a fear of "free loaders".
@vatu5 жыл бұрын
TheAllPowerfulChicken Sorry, my english isn‘t the best. What is a „free loader“?
@jozar27735 жыл бұрын
@@vatu sorry. Your communism isn't welcome here.
@getoffmyaccountoriwillfindyou3 жыл бұрын
Mr. Beast: today I am going to pay The United States of America debt. People:👁👄👁
@Perririri3 жыл бұрын
N👁🗨rmie
@wow10222 жыл бұрын
who?
@Dickfielos2 жыл бұрын
Um Phunni
@New-wf7qn2 жыл бұрын
mr beast is already doing that though
@armin48612 жыл бұрын
U really think Mr Beast have trilions?
@JohnWayne11073 жыл бұрын
"225 years at war, 21 years at.peace" *ayyyy..*
@garrysmith10293 жыл бұрын
Europe hold my beer
@Official-Poker3 жыл бұрын
@@garrysmith1029 country wise
@477463 жыл бұрын
I feel like this won't age well
@notjohndoe71303 жыл бұрын
@@garrysmith1029 europe is not a country
@monkescary18743 жыл бұрын
@@notjohndoe7130 at least he didn’t say Africa
@alejandropedro86022 жыл бұрын
Whatever type of investment you decide get into, I think the key message here, or for me rather is to start investing no matter how small. Don't rush into anything you're not absolutely sure of. Then of course you can always build from there.
@johnsoncrown2872 жыл бұрын
What is small? What's small for you might be pretty large for someone else.
@faithgodsons98732 жыл бұрын
Evaluate your risk tolerance prior to investing, be aware of investments based on your goals and risk tolerance
@luckwood94212 жыл бұрын
Diversify your portfolio, don't put all your eggs in one basket. It's way too risky.
@frankjonathan24402 жыл бұрын
Well spreading your egg in different baskets you know little or nothing about could also be risky knowledge is power
@paulmaxwell83162 жыл бұрын
You don't need an MBA in finance to make basic investing decisions
@invaderzim12655 жыл бұрын
"Those that fail to learn from history, are doomed to repeat it." - Winston Churchill
@kurtmorse2385 жыл бұрын
dang this summarizes the whole video
@juangonzalez63975 жыл бұрын
Edgy
@PinoyAbnoy5 жыл бұрын
winston churchill commited genocide
@isaicastillo82175 жыл бұрын
yo yo yo yo yo theres jokes l
@MrNettoon5 жыл бұрын
Trump and far-right politics in a nutshell
@julianmiranda39095 жыл бұрын
Printing more money doesnt make more money, it just makes it worth less.
@mmskillet15 жыл бұрын
birdyboy 0000 no shit. That’s like the first thing you learn when taking a basic high school economics class
@julianmiranda39095 жыл бұрын
@@mmskillet1 Ok, well im in 7th grade. And believe it or not I know adults who dont understand why the government wont just print more money.
@organicpotato96985 жыл бұрын
birdyboy 0000 you know mentally challenged adults? Yea me too
@Keriks5 жыл бұрын
Well ya thats what we call an inflation as stated in the video
@Indian0Lore5 жыл бұрын
Banks already print more money. Look into fractional reserve.
@alexandergeorgiev26315 жыл бұрын
The real question is: why are there two Hawaii's in the thumbnail?
@Seven-fif-D4 жыл бұрын
Alexander Georgiev, there is a lot of things wrong with this video.
@marrhabibi17424 жыл бұрын
Nah America is just perspiring from all its debt
@thegreat91924 жыл бұрын
Lol
@user-ou2wp4mr2o4 жыл бұрын
We're going to sell them!!!
@bam684 жыл бұрын
Alexander Georgiev You’re not an NHL player
@jakek67283 жыл бұрын
"The well organized war on terror" 😂😂😂😂😂😂😂
@dacoconutnut95035 жыл бұрын
What if they paid with barrels of *O I L* ?
@russetbotato32095 жыл бұрын
NO
@dacoconutnut95035 жыл бұрын
@@russetbotato3209 yesn't
@savageassassin47415 жыл бұрын
*OR* we could ''liberate" all the countries
@WinterYuzu5 жыл бұрын
@@savageassassin4741 yes, murica must " *liberate* " all countries on earth
@dacoconutnut95035 жыл бұрын
@@savageassassin4741 U NEED FREEDOM, MY FELLOW AMERICAN But I am not Americ- I DON'T CARE
@roadhouse69994 жыл бұрын
"Every country in the world has a lot of debt, so this makes me wonder, why don't we all just forgive each others debt since we all owe each other money? Then someone told me that countries do not owe it to each other, they owe it to banks. And I understand this even less, because a country has an army, and a bank has four tellers and a cleaning lady. " -Ismo Leikola
@creapyalbinofish4 жыл бұрын
You don't want to fight consuela, she's fierce.
@thisguy72554 жыл бұрын
Roosevelt in 1933-1934 moved us away from gold as money we kept silver up until 64 and I want to say it was 71 Nixon got rid of the last ties and handed over control to the banks who just this month printed 80 billion dollars in one night meaning that 80 billion has to be paid back with interest but the dollars to pay the interest don't exist so more has to be borrowed then the interest payment on the dollars is payable until interest which no dollars for basically we need to get rid of central banks and forgive it all globally and start over with real money not Fiat currency Edit: spelling mistakes I noticed
@roadhouse69994 жыл бұрын
@@thisguy7255 that was a quote from a Finnish comedian, my guy.
@xenomorphgourmet10054 жыл бұрын
Countries like Norway aren't in debt
@roadhouse69994 жыл бұрын
@@xenomorphgourmet1005 if they spend money, they have debt. The difference is that countries like Norway can pay off their debt because they make more than they spend. Granted, there are two different definitions of debt. By the one you seem to be going off, Norway has no debt.
@MI-mm4lq5 жыл бұрын
Am I the only one with slight audio issues?
@2sets7695 жыл бұрын
Yeah I hear it to thought I was going crazy
@victorbaltus16355 жыл бұрын
Yep
@turkeysuit99355 жыл бұрын
Thought my headphones were breaking.
@user-vi6tq6kc4p5 жыл бұрын
"!"
@aryooon14935 жыл бұрын
I hot so scared I have 100 dollar akg tuned Samsung earbuds😭
@vinceandreinvaliente50142 жыл бұрын
I have a question for Infographics show Why is there two Hawaiis in the thumbnail?
@chrisconsorte78933 жыл бұрын
George Washington said in his farewell address that we should maintain a federal balanced budget, avoid excess spending, and pay off debt as quickly as possible. I think George Washington is correct and would be appalled by our nation’s spending habits.
@agenericonlinename86982 жыл бұрын
I mean George Washington isn't smart for saying that. Having a balanced budget is(or at least should be) common sense
@skeemanswarmachine26172 жыл бұрын
A fine example of let's go Brandon
@alexanderlipowsky60552 жыл бұрын
@@skeemanswarmachine2617 who borrowed 4t in 2020? who saw the rise from 19.5 to 26.9t. who borrowed some 9t during his presidency? and why the f are you not saying biden... the guy, brandon even said to stop using it to hate on other americans, but to instead go back to normalcy and work together....
@skeemanswarmachine26172 жыл бұрын
@@alexanderlipowsky6055 a fine example of cope
@austincarlson92702 жыл бұрын
@@alexanderlipowsky6055 what now
@mobilecyclop73295 жыл бұрын
USA GDP : *19 trillions* DEBT : *22 TRILLIONS* HE : *ALL GONNA BE SAME OKAY* update 2020 : now it’s worse oof
@coryascott5 жыл бұрын
Total US wealth both private and public: $98 trillion. About 1/3 of the total global wealth. The second largest by wealth is China at around $50 trillion.
@coryascott5 жыл бұрын
jmarks881 lots of countries do. Canada does. But not every country borrows the same way we do. And that debt is always broken up into multiple debtors both domestic and foreign. Lots of people think the US only has foreign debt. Around half of our debt is owed to organizations and people right here in the country. The other half is foreign lenders of which China only accounts for about $2 trillion. Interestingly enough, some countries have debt many times their GDP. Luxembourg has a debt of about $8 trillion which is over 6,000 times their GDP. I’m still trying to find out why that is and who exactly they owe money to. Can’t find any further data on that yet
@foxt.50435 жыл бұрын
@@coryascott bruh what? Luxemburg national debt is only 20% of their GDP. Edit. Just looked it up. You were right in a way
@coryascott5 жыл бұрын
Fox T. Exactly. National debt is really complicated. Nothing like personal debt at all.
@foxt.50435 жыл бұрын
@@coryascott read the edit and then smile ;]
@peterthepanda5 жыл бұрын
In today's episode of "Things that will never happen"...
@SkollTheWerewolf5 жыл бұрын
Will the united states ever be able to pay their debt?! Spoiler alert: No.
@thr26485 жыл бұрын
Not much of a surprise
@endoetz5 жыл бұрын
perhaps..
@Jon_Fury5 жыл бұрын
Don’t know about that trump is putting in the work
@hgnshfnvfhthgnfdgn56885 жыл бұрын
500th like XD
@MrMasterDebate3 жыл бұрын
It’s almost like giving tax breaks and handouts to rich people won’t be great for budget control
@redseagaming78324 жыл бұрын
Politicians love spending people's money without responsibility and they'll spend more than what the government takes in taxes that's why we have a huge debt
@Octovisuals3 жыл бұрын
Tell that to the Socialist/Communist! No, seriously, it's not that simple. You can't and shouldn't limit a country's budget to just money collected from taxes... Especially whenyou shouldn't bleed taxpayers to begin with.
@jakesmall88753 жыл бұрын
What do we cut? Welfare takes up 75% of the budget Military takes up 15% The rest is random projects and foreign aid Military could get cut in half but we’d have to take all our foreign bases out of commission and lay off half the military members to do that and hope our allies pick up the slack We could cut welfare but then we’d starve tens of millions Kind of stuck
@largelump36132 жыл бұрын
So, in the end, we're not in debt. THEY are.
@F0UR3V3R2 жыл бұрын
@@Octovisuals All politics are bad and we should just abolish it
@Octovisuals2 жыл бұрын
@@F0UR3V3R I wish, at this point... Better without a State than with these States we have in countries like Spain, Argentina, Venezuela, Nicaragua, Cuba, North Korea... and more. We'll keep fighting... ;p Best regards.
@fillanilla49075 жыл бұрын
Just replace the education system with Skillshare to save money
@magiicZed5 жыл бұрын
Swear to God, KZbin and skillshare along with a bunch of awesome information his. There's legitamatly nothing I could learn at school that I cannot learn here with less work, more free time, and more easily.
@mojmoj37635 жыл бұрын
Education is what like 3% of our budget? And we spend more on our military than the next 7 countries combined ?
@chrisg23785 жыл бұрын
Or just switch to GEICO where 15 minutes can save you 15% or more on car insurance.
@teshikofurusato45415 жыл бұрын
millions of teachers/staff would loose theirs jobs
@mojmoj37635 жыл бұрын
@C I completely agree, I shouldn't have to earn 30 credits "about a third of my degree program" learning absolute useless shit.
@terriblycharismaticduck27175 жыл бұрын
6:55 is the actual video's start.
@mackobun5 жыл бұрын
By Odin's Beard! THANK YOU. This guy's videos are full of so much fluff, they could be a pillows
@niklasswoboda62385 жыл бұрын
Thank you
@terriblycharismaticduck27175 жыл бұрын
mackobun Yeah, their entire videos are about how x happens, and ten seconds of the actual question in the title. The rest is the outro.
@danielnrth39805 жыл бұрын
Wow
@daveshn5 жыл бұрын
Doing the Lord's work.
@StorytimeIST2 жыл бұрын
Wait what was that thing that president eisenhower was warning everyone about.... Something like right right.... Military Industrial Complex😉
@sportjones13 жыл бұрын
Love how he says the debt spiked in 2008 but shows a pic of Trump, lol
@thetruffleist12973 жыл бұрын
😂
@estebangarcia30533 жыл бұрын
spiked in 2001 with bush trump increased debt most in a term
@combatgaming32663 жыл бұрын
@Stompy trump could have done something to bring the economy again, Biden is bring the economy up again but we're still in a pandemic. Try to explain that
@fishfan23 жыл бұрын
@@combatgaming3266 Trump dealt with the worst part of the Pandemic, when Biden came into office things were opening up slowly and the vaccines were basically done
@jjt1713 жыл бұрын
@Stompy Trump won the election. we all know it and we all see no biden voters in sight
@cosmicmemer16115 жыл бұрын
I have a question, why are there 2 Hawaii’s in the thumbnail?
@luismedina57925 жыл бұрын
That is a very solid question and I wish I had eyes like you
@jord92935 жыл бұрын
The more Hawaii's the better
@Mitch_Rogoff5 жыл бұрын
Plasma Core were going to pay off the debt by selling real estate on the second Hawaii
@profeagle24705 жыл бұрын
Fir 2 pearl harbours
@alphajnitro00725 жыл бұрын
Yes
@Camderon84633 жыл бұрын
If the US pays of its dept, it will make plans to go back into dept. Lol
@rypdx3 жыл бұрын
Debt *
@lukehdz2 жыл бұрын
@@rypdx You did my job for me
@jadonlimoges18302 жыл бұрын
Nah we'd organically end up in debt because we've gotten so used to what we expect in healthcare, defense, social security, and welfare.
@Eletruun2 жыл бұрын
@@jadonlimoges1830 the healthy care part is just funny lol
@Piyushshastry3 жыл бұрын
The problem is that the debt allowance for the US can be easily increased with passing of a simple bill, which takes only a few days. Whenever they need more money to spend and are overdraft on their allowance, they simply raise the bar and borrow more. Also, they are printing more and more which is making their money less valuable.
@angelcabeza6464 Жыл бұрын
then why is the US dollar now stronger then the euro and the pound?
@hughmann84585 жыл бұрын
Wait... Since 1776 we've spent 225 years in war and 21 in peace... thats 246 years total. Correct me if I'm wrong but 246 years after 1776 is 2022. Holy shit.... They're time travelers!
@Doomon155 жыл бұрын
Joe Brooks yep, that they either need to better organize their information or they got some their information wrong.
@wizardsyndicate55055 жыл бұрын
We’ve only declared war 5 times. So I don’t think we’ve spent 225 years in war
@Dim.g0v5 жыл бұрын
@@wizardsyndicate5505 You don't need to declare war to be involved in one, I.e. Vietnam. Actions speak louder than words.
@hughmann84585 жыл бұрын
Civil War, WW2, Vietnam War, War of 1812, Revolutionary war, multiple current wars and tons of wars I've forgotten. It doesn't matter how much we've DECLARED war, it matters how long they were and many other things. Just because war didn't happen IN America doesn't mean America wasn't involved.
@johnsonismyname5 жыл бұрын
Wars can overlap or have multiple going on at the same time, from 1775-1800 that's 25 years, The United States were at war the equivalent of 45 years of it, if you exclude the American Indian wars that's still 26 years.
@skinisdelicious33653 жыл бұрын
“Well organized war on terror campaign” stop 😂😂😂😂😂 im crying
@hackman6693 жыл бұрын
Simple, stop the senseless wars overseas and use political leverage to force China into a cease fire!!!!
@skinisdelicious33653 жыл бұрын
@@hackman669 China will never sign a cease fire. Relax
@bdgctruz57863 жыл бұрын
@@skinisdelicious3365 yea china hates the fact that the us exsist because it counters their communist ideas
@skinisdelicious33653 жыл бұрын
@@bdgctruz5786 they hate we exist because we have a hyper competitive military where in by compromising our economy it becomes harder and harder to fund and feed our troops. So long as the western world trusts our banks and our military to defend our banks as well as their assets, the chinese will always be economically competitive with us.
@invaderzim12655 жыл бұрын
“Banks lend by creating credit. They create the means of payment out of nothing. ” Ralph M Hawtry, former Secretary to the Treasury.
@Raidar294 жыл бұрын
Correct, and thus the debt shall never be paid.
@leifc.60454 жыл бұрын
Gold is real money. Everything else is credit - JPMorgan (1913) "U.S. constitution: all debt be paid off of gold/silver."
@dianablue.85543 жыл бұрын
"I've been able to build a history of stock purchases made over forty years ago and establish a cost basis, which when I made those buys, I had no thought of cost basis and what it would mean to me later. It also enables me to handle splits and especially mergers with little difficulty. Without this program, I would be lost on some mergers.
@MP-vf8qz3 жыл бұрын
Skill share took 299 from me and refused to cancel my free trial. Just don't use it people, I care about you and your hard earned money, it actually represents our work and time.
@jeffhahsusjejsdjejsksksmed21305 жыл бұрын
You mic is having "spasms"
@spicyshizz28505 жыл бұрын
thought it was just me but yeah its real annoying
@BrandonS1015 жыл бұрын
Very annoying popping
@joshuawalker68635 жыл бұрын
I thought it was my speakers
@Swagmonsterr5 жыл бұрын
i thought my headphones were being dumb
@g.aslifestyle5 жыл бұрын
Lmao funniest shit 😂
@egghead37able3 жыл бұрын
I’m kinda scared now... with covid, the debt has drastically increased, and with the economy reeling, it could lead to a economic collapse that’s worse than the Great Depression
@JacobLozano-mr8ll3 жыл бұрын
Not really pal country debt is different than a personal or company debt.
@ovo_daedae66783 жыл бұрын
They ain't gonna pay it back so why does it matter? Also if the US fails then every other country fails, but out of failure greater things arrive.
@huntercampbell42203 жыл бұрын
@@JacobLozano-mr8ll so you’re saying if I declare myself as a country then my debt would be completely different
@huntercampbell42203 жыл бұрын
@@JacobLozano-mr8ll I mean it is 2021 and there are 60 something genders now so why couldn’t I declare myself as my own country. “This is a joke btw, no need to go karen”
@duyduydan3 жыл бұрын
Want a sprite cranberry?
@neco6203 жыл бұрын
“VladimirCorp!!, you are a freaken wizard dude. I’m shocked at the new scores…. I’ll never doubt you again in my life and you have my apology! You are my #1 recommendation. I’m advertising now for you! You are the only man I know to have actually deliver real results. Oh My God, it just dawned on me, you are about to be rich!!! LOL Seriously, you are….remember I said it first!”
@MrHerobrineXD_5 жыл бұрын
The Audio Is so bad
@connormccallen65835 жыл бұрын
Herobrine's Gamer yeah I thought I was the only one who noticed
@kanspol50975 жыл бұрын
i thought my headphones where broke because of that fucking audio
@ReverieVesta5 жыл бұрын
S A M E
@kyleaditya5 жыл бұрын
Be quiet you play Minecraft under the name "Herobrine" your opinion doesn't count.
@GreasyGary5 жыл бұрын
He's talking about the audio compression / mic threshold. So you think his opinion doesn't count eh? Compare and contrast.
@AJayAnswersYou5 жыл бұрын
Solution: Stop bailing out banks and let them go bankrupt. That is what Iceland did.
@oscarb93674 жыл бұрын
Recession 2.0
@oscarb93674 жыл бұрын
And Iceland also doesn't have 350+million people
@AJayAnswersYou4 жыл бұрын
@@oscarb9367 Recession is caused by greed. Let a business die, and continue. i suggest forms of physical payments and electronic. Not banking. Kinda like the old days, without government intervention. Iceland did suffer, but instead of whining, they fought it. 11 years later and they are in stable condition.
@AJayAnswersYou4 жыл бұрын
@@oscarb9367 True, but just because there is more people does not mean it is impossible. If there is a will, there is a way. 350 million may sound like a lot, but in fact, Americans in greater numbers, does not live hand-in-hand.
@Jupiter14234 жыл бұрын
Bad idea
@macaws5025 жыл бұрын
They are Some Audio Cracks in The Video. But Good Vid Anyway. EDIT: Thanks For The Likes. And Thank God I am Not The Only one 😂
@sleekjupiter79655 жыл бұрын
I thought something was wrong with my Headphones
@nischalofchrist5 жыл бұрын
Aras_slot I thought my headphones was going bizzare.
@bigsadge5 жыл бұрын
Thanks for pointing it out. I thought I was going crazy
@a_hamburger29575 жыл бұрын
i went to look at the comments only to see if it was my headphones or not
@ispep91155 жыл бұрын
Sigh, thought something was wrong with my devices.
@ThatGuy685802 жыл бұрын
I just feel like having politicians who are in debt themselves, as in they are not good at managing their own, should not be handling our money.
@AverytheCubanAmerican5 жыл бұрын
Then we would manifest our destiny again
@kn1ght-7885 жыл бұрын
By taking another continent and killing all the natives, again.
@theboxxamaster5 жыл бұрын
pastadino 5000 thats the joke
@You-dm2eh5 жыл бұрын
pastadino 5000 yes?
@franzibe56205 жыл бұрын
@@kn1ght-788 majority of the natives were already dead even before these people existed
@jakebeaudry38885 жыл бұрын
No Manifest my homeland you Yanks lest you want your white house to be burned again. OH CANADA!!
@aviewerlikeyou62905 жыл бұрын
Why dose the title screen have two hawiis
@Ethan-mp7wr5 жыл бұрын
Lewis Jason why the hell not?
@tuckerbobbitt59395 жыл бұрын
There’s like a shadow without the rest of the country it’s just Hawaii’s is lower
@plebobliterator5 жыл бұрын
i had no clue what this comment meant because you spelt “Hawaii” so wrong (not so wrong it just looked weird).
@Priinsu5 жыл бұрын
You mean there's only one?
@OfficialFno5 жыл бұрын
One is Hawaii and the other is hawii
@takesnosides38145 жыл бұрын
Several problems with this video: 1. The speaker uses the word "deficit" in circumstances where he means "debt". The deficit is the year to year budget shortfall. You don't pay back a deficit, you pay back the debt that is accrued from a deficit. You can reduce or eliminate a deficit by balancing a budget. 2. There is no mention of the the primary cause of the U.S. debt and those are unfunded liabilities and mandatory spending. Go ahead and do the math on the problems he identified by adding them: now subtract that from 21 trillion. 3. The reason the U.S. was "debt free' in the 1800s was that Andrew Jackson confiscated assets from the Natives and sold them, despite this being a violation of numerous established treaties.
@chrismccormack82375 жыл бұрын
Yeah I'm less than a minute into this video, and had to pause to see if anyone else noticed him using "debt" and "deficit" interchangeably.
@jacewhite85405 жыл бұрын
And the audio is horrible
@coolguy025365 жыл бұрын
Jackson was a clever fella
@jamesmoriarty94335 жыл бұрын
It's okay, this guy can barely read as it is, as you've likely seen in previous videos.
@coolguy025365 жыл бұрын
Yeah only now it's Native Americans: **exist** America: It's free real estate
@saintarj45523 жыл бұрын
so if two countries have debt to each other, why dont they just cancel it out
@thesilentcoda5 жыл бұрын
And that’s when I realized I just watched an 8 minute commercial
@JoseRamirez-cl7te5 жыл бұрын
FOREAL
@mintybin5 жыл бұрын
.?.
@equalssign445 жыл бұрын
Fortunate I only watched at 6:55
@maump18525 жыл бұрын
Is it me, or is the coin stacking animation at 3:06 super trippy? Is the number of coins growing? Is it staying still??? WTF is going on???
@PatelKai5 жыл бұрын
The coin being placed goes into the other coin, taking its place
@itsyaboidaniel29195 жыл бұрын
The coin being placed overlaps the other coin, and thus the coin behind it is hidden
@vincentpraefke44765 жыл бұрын
IT IS EXTREMELY TRIPPY
@stephenmiller90095 жыл бұрын
Stop taking drugs
@aneesh21155 жыл бұрын
Hi Donald zadong
@ericktellez76323 жыл бұрын
Fun fact, back in 2005 El Chapo offered to pay off Mexico’s national debt to the president Felipe Calderon if they would cancel the war on drugs.
@skyallda86055 жыл бұрын
Lets play a game Everytime he says "debt", take a shot Try not to get alcohol poisoning😊
@Frozenm165 жыл бұрын
Skyallda, no. You need to take a shot of milk. It's Spooktober and you need that boost of *calcium.*
@skyallda86055 жыл бұрын
@@Frozenm16 good idea
@Notfluffy75 жыл бұрын
Counted "debt" 37 times... Good luck!
@bigpicturethinking56205 жыл бұрын
It’s a video about debt. This comment is only funny if it was an unrelated word repeated many times.
@ChrispiBytes5 жыл бұрын
CALCIUM
@sakuratree12225 жыл бұрын
Infographics:US has 21 trillion dollar in debt Also infographics:as long as debt is kept at a manageable amount
@morganatalley7314 жыл бұрын
In other words, as long as the government can pay for the interest on the debt, which it can.
@sten2604 жыл бұрын
in few years its gonna be 50 trillion trust me. and then we have a problem
@rusellgonzalez35644 жыл бұрын
Debemos mantener a la nación estadounidense gastando en bienes y servicios no escenciales para exprimir hasta la úlima gota de dinero de su economía y así forzarlos a que los estados unidos olviden las deudas que el mundo entero les debe a cambio de que todo el mundo olvide las deudas que los estados unidos les deben a cada nación del mundo. Así todos se quedan sin deudas económicas pendientes y por ende, felices por el momento....
@rusellgonzalez35644 жыл бұрын
La verdad mi inglés no me da para más como para que me desenvuelva con las palabras y con lo que quiero decir.... Sinceramente.....
@peterkong54804 жыл бұрын
If an average family with $60,000 annual income can manage a $160,000 mortgage, why can the us manage its $21 trillion debt with a $19 trillion GDP?
@JCD005 жыл бұрын
I can feel myself losing braincells listening to the audio🙃
@joshistheman365 жыл бұрын
What information was wrong? I'm not going to pretend I know myself
@smoochmgooch23605 жыл бұрын
@@joshistheman36 he is talking about the audio quality.
@marisolqueteimporta17895 жыл бұрын
I couldn't finish the video its horrible audio ):
@boxofcereal2 жыл бұрын
“So what are you going to do now that your debt is payed off?” “Probably get into more debt”
@maskon16254 жыл бұрын
Wait a minute 🤯 the government expects us to pay our bills on time but they don't
@chem.49194 жыл бұрын
Having debt doesn't mean you don't pay your bills on time. I can proudly say I make my minimum credit card payments on time, it's just that'll be years before I pay off the balance. Guess what the credit card companies won't mind because when I do pay if off, they'll have made more off of me in interest than the original amount that I borrowed. I suspect the US creditors feel the same way about our government.
@racelkatyusha4034 жыл бұрын
but if they dont USA may slit in to country
@colebaldwin90844 жыл бұрын
That doesnt even correlate at all 😂
@colebaldwin90844 жыл бұрын
Yeah well sorry to break it to you but there is a huge difference between our debts and the country's debt. Most of the debt that the country ows is for money spent on war and keeping us safe (billions of dollars) so if you think that correlates at all you are crazy. Besides if the U.S doesnt pay their debt who is going to hurt us? Some aliens? If another country wants to fight over it I would like to see them try. It sounds bad but this 23 trillion dollar "debt" shouldnt be a stress
@tejaybe_sensei4 жыл бұрын
@@colebaldwin9084 you sound like a 1 man Army. You should be on the front lines Mr patriot.
@pb16995 жыл бұрын
haha probably not in my life time
@35dilbert5 жыл бұрын
not in your great grandchildren’s time either
@Forasken5 жыл бұрын
Not in your family tree’s death either.
@n3gi_5 жыл бұрын
Not till humanity leaves the earth either.
@ballybunion95 жыл бұрын
5:53 "a new president could come along and put all of those good years to waste in a manic spending frenzy." Presidents don't control the federal purse strings; the House of Representatives does. (See Article 1, section 7 of the Constitution.)
@jascrandom98555 жыл бұрын
They can propose and Veto spending bills.
@juicecollector90995 жыл бұрын
@@jascrandom9855 congress still can pass or reject laws with or without the presidents veto
@tythorn135 жыл бұрын
Executive Orders.
@jascrandom98555 жыл бұрын
Rex Spartiarum But it requieres a Super majority. Good luck with that.
@tomokokuroki25065 жыл бұрын
Obama says hi.
@tylers98883 жыл бұрын
It would have huge ramifications. US bonds are one of the few securities that qualify to meet reserve requirements for financial institutions. The worlds lending markets would go upside down. Debt in itself isn’t bad, it’s the amount of debt relative to gdp or revenue.
@tristiandavis68525 жыл бұрын
Why is there two Hawaii’s in the thumbnail lol
@j.s94245 жыл бұрын
I priced that as well
@cynicalsayonara71693 жыл бұрын
You pay too much attention.
@joshuahebert99495 жыл бұрын
Yeah let's completely avoid the real reason there is national debt. High unrestricted interest from the Federal Reserve... who do you think we owe this internal debt to? And they will not forgive any debt, they never have. This video is cancer. He said something true though "paying off the debt wouldn't solve anything". The system needs to be fixed first.
@clevelend225 жыл бұрын
Exactly! I find it so odd that the federal reserve is not mentioned even once in this presentation.
@catfishbuck5 жыл бұрын
b-b-b-but the military
@jonathanbrazee38465 жыл бұрын
You're comment is too intelligent. Everyone wants to fight about Trump vs Obama on here.
@joshglover23704 жыл бұрын
"Well organized war on terror" Bwahahahaha!!!!! 🤣🤣🤣🤣🤣 Stop it! You're killin' me!
@CRITICALHITRU3 жыл бұрын
Not having that precious oil is terrifying, sooo...
@grannyscookies57202 жыл бұрын
USA has to pay its debt Mr Beast: hold my cup-
@iceman96785 жыл бұрын
Historical USA debt as a percent of GDP is more useful metric to use than just the raw debt number. Similarly, historical gov't spending in a particular area (military to use your example) as a percent of the overall budget is more useful. As a percent of the total federal budget, military spending has been on a steady declined since 1960 and it is currently about 3% of GDP. This is 1/3 what it was in 1960; and 1/2 of what it was in 1980. As a reference - the current world average for military spending is ~2%. (Source: worldbank) Tax collected as a percent of GDP is useful. Since 1960 the USA has had an overall taxation relative to its GDP between 14% and 20%. However, during this same period of time federal spending as a percent of GDP has risen to over 30% of GPD. Notes: - With baseline budgeting it is impossible to make any cuts in 'real' spending. - Mandatory Federal spending --> Social Security; Medicare/Medicaid, Welfare, and Debt Interest (56% of spending...and rising annually)
@truck9655 жыл бұрын
Its funny how most people did not understand anything you Just commented thats why there are No other comments and not many likes.
@petroleumcrypt7075 жыл бұрын
Thank you. Very few people in the comments understand this. Thanks for spreading some truth!
@petroleumcrypt7075 жыл бұрын
Lordofall Infinite way to expand the conversation.
@laogui74655 жыл бұрын
It will be never payed back 0, it's just too long and it will keep rising until it's the end
@asielmilian385 жыл бұрын
Jason Chen That's bad.
@gblaze4205 жыл бұрын
What’s the point of even keeping track of it anymore then
@Arcaryon5 жыл бұрын
Then the US will collapse sooner or later. It will pay if back.
@marlonarancibia32475 жыл бұрын
@@Arcaryon it really won't, the debt owed is to private investors. That means that the U.S. can just claim bankruptcy to the Investors again, mind you that will have drastic reciprocations, the nation will continue to function as it does now.
@theinternet20195 жыл бұрын
Jason Chen wow that was so illiterate you must be in grade school or simply elementary school
@charleslewis045 жыл бұрын
Wtf is with the audio
@EyeTea5 жыл бұрын
Probably has to do with the trial version
@Atr-bv1wq Жыл бұрын
Always disgusted when they call taxes "revenue" as if they earned or produced anything
@malachibrown32708 ай бұрын
Why invest or loan US money? If u see they have a debt problem, why increase it?
@eoghanoneill28955 жыл бұрын
Why are there 2 Hawaii's in the thumbnail
@unclehousy-leotardo5 жыл бұрын
Didn't catch it but I'm guessing it is just so awesome they showed it twice:)
@USAltefore5 жыл бұрын
Maybe it's to make up for not shading in Hawaii as part of the U.S. at 0:08.
@PRESSF5 жыл бұрын
Sounds like someone screwed up the adobe audition effects! 🤫
@AndrewBrowner5 жыл бұрын
*Comic book guy* Worst Audio EVER!
@mrbisshie5 жыл бұрын
Didn't get enough money from Skill Share lol
@moorland67355 жыл бұрын
i thought my speaker had gone bad.
@devilpilotg29525 жыл бұрын
@@moorland6735 same
@Ishoam5 жыл бұрын
Dude I panicked and thought my headset was dying.
@momoniji64395 жыл бұрын
"Manageable level" *current debt* ($21 trillion)
@coolguy025365 жыл бұрын
Thanks Obama.
@murrigo5 жыл бұрын
Lmao, still a lot better than other countries. Italy, has 2200 trillion euros of debt, we're never gonna pay THAT back
@momoniji64395 жыл бұрын
@@murrigo 2 Quadrillion? xD yea sure
@ahmednajeebbutt5 жыл бұрын
@@murrigo fake news
@ahmednajeebbutt5 жыл бұрын
Italy has around 2 trillion euros debt
@manlikelk81673 жыл бұрын
I like how they put a picture of Trump when talking about massive spending by a president but in comes Biden like 😈
@nippy74253 жыл бұрын
Biden🤮
@tiborpurzsas21363 жыл бұрын
They pictured Mr.Trump, because the video is two years old ! At the time Mr Trump was out POTUS ! That unfortunately isn't tha case anymore
@jellyfesh75173 жыл бұрын
trump7.9 trillion
@manlikelk81673 жыл бұрын
@@jellyfesh7517 biden 6 trillion, do remember this is barely over half a year
@derekstevens963 жыл бұрын
Every president wants to outstupid the last
@joekerr51725 жыл бұрын
The video ends at 7:08, the rest is just skillshare bullshit.
@lostcasualty35795 жыл бұрын
Thanks man
@jrudy4575 жыл бұрын
Thank you so much, I was afraid I'd have to just watch the video and stop it when the ad started /s
@iamnumber5ps35 жыл бұрын
@@lostcasualty3579 great now i can go straight to the end
@lostcasualty35795 жыл бұрын
@@iamnumber5ps3 lmao
@alirazi91985 жыл бұрын
Thx bro
@MrAmiga55 жыл бұрын
Can't be done under the Federal Reserve system. For every dollar in debt that is paid it's paid with a dollar that has debt attached
@emperoralvis65595 жыл бұрын
Finally someone who gets it. With the fed if you borrow the first dollar in existence you owe 2 with interest.
@gbuz57895 жыл бұрын
Don't say that too loud. The men in black will abduct you.
@mansamusa17435 жыл бұрын
Idiot detected
@naejimba5 жыл бұрын
@@mansamusa1743, learn how money is created and about fractional reserve banking. What he is saying is correct.
@evandentes47165 жыл бұрын
@@naejimba As an Economics major, you are all correct. Essentially it is gigantic, over bloated arbitrage and one day someone is going to have to pay the toll.
@china83055 жыл бұрын
Misleading point #2 Rebuttal: The top 1% is responsible for about 20-30% of tax revenue the government receives. The top 10% for about 40-50%. Compare that to the bottom 20% which is responsible for only about 1% and the bottom 40% which only make up about 5%. So I don't believe that the government as a whole has set out to tax the poor to the benefit of the rich.
@jaycarter76385 жыл бұрын
[citation needed]
@christianondo96375 жыл бұрын
Normal EU4 player yes they do. Wealthy people inevitably pay more taxes as a result of the whole percentage system involved with income tax. Your point?
@ronanstephens15975 жыл бұрын
I'm not sure if this is the case in America but I know here in the UK that we have roughly the same situation as that with how much each percentile pays towards overall tax income. However if you look, taking all taxes like VAT and council tax into account, you'll find that the very richest in this country pay a smaller percentage of their income in tax than some of the poorer percentiles do. My point is that there are a few different ways to look at the fairness of tax contribution. That being said, the method I just mentioned is what is generally used to assess whether a tax system is progressive or regressive and in the UK that system is somewhat regressive. I wouldn't be surprised if the American system was similar.
@mattygee50005 жыл бұрын
The problem with the us fiscal situation is everyone thinks its someone else job to pay, too many people on the dole, a defense system that gets whatever it wants and things it doesnt, and no long term budgetary plans other than borrow as you go.
@mattvermillion6062 Жыл бұрын
Debt then: $21-Trillion. Debt now (3.9.23): $31.6-Trillion. We never learn.
@raginplayer26654 жыл бұрын
We are the only animals who Value materialistic things more than our survival as a species and its crazy
@roberteischen41704 жыл бұрын
Not even paper. Cash is used less and less.
@sammndl95923 жыл бұрын
Money>TP>Paper for books
@FingRTwins3 жыл бұрын
Well it's not like money is a rock or a piece of fabric. It plays a major role in whether or not we can live in a house or on the street. Whether we can pay for another meal or starve. Point is, money is not just any materialistic item, it runs the world.
@sourabh40333 жыл бұрын
The doomsday clock has already begun 🤨
@sourabh40333 жыл бұрын
The compounding thing works in stock market but also destroying earth also 😒
@itsourtubenow97295 жыл бұрын
Uhhm in the thumbnail what exact body part is Texas
@Dan-zc7ut5 жыл бұрын
It’s Ourtube now sorry stalin
@shoopiesty8055 жыл бұрын
*long sigh*
@wooferjr1695 жыл бұрын
Chin
@kimtonginn7475 жыл бұрын
It’s Ourtube now The Dingdong
@masonm11245 жыл бұрын
It’s Ourtube now The Lungs Texas produces oil and the center of NASA. Without that USA would suffocate with low oil and no space program
@m_s71555 жыл бұрын
*"If everyone actually knew where money came from, there would be a Revolution tomorrow."*
@BetterDeadThanRed995 жыл бұрын
They (the banking cabal of international bankers under the world bank & IMF) know how to use gold to pump and dump an entire currency (and most of the planet at this rate) and consolidate massive wealth from the resulting currency crisis. They've been doing just that since the idea of gold and banking was invented. Here, leme take that gold off your hands and give you a worthless little piece of paper... and enslave your entire government with it at the most fundamental level possible. lol They stole our sovereignty and then have the nerve to claim that they're leasing it back to us. Money isn't the issue, currency isn't the issue... Greed is.
@mperdue125 жыл бұрын
where does it come from?
@l3tme5455 жыл бұрын
@zdcyclops1 lickley gold is not hard to find. Only problem its in Africa and a Lot more in USA itself oj. And they not going to pay Africa after the put it in debt for it resources. Or make certain folk rich overnight after all years of you know agenda.
@remyllebeau775 жыл бұрын
Joshua Silberman No, it is 100% fraud and elite criminals that control our gov't.
@Lily-wd7dz5 жыл бұрын
@@mperdue12 Money comes almost completely from debt. When you go to a bank for a loan, the money isn't borrowed by the bank from somewhere else, it's created from thin air (because this money is actually a promise to pay back the bank). thus, money is created, and expected to be repaid back to the bank with interest. Then once repaid, the money created by the original loan is "destroyed" while the bank keeps the interest. This is how banks make money. This also means that less money is created than is expected to be paid back, which can be a problem (as around 97% of all money is created from debt). This means that it's impossible for every debt ever made to be repaid instantly (which would never happen) or the entirety of our economy would collapse. It's also one reason why companies and individuals go bankrupt.
@linhaohoward3 жыл бұрын
One thing that nearly all news media seems to avoid when talking about printing money is that it decreases the currency which in return decreases the the foreign investor’s value of their investment, and then uses the printed money to repay the foreign investor. This is indirect robbing