US Debt Ceiling Endgame [You MUST Understand How This Works!] 📈💸

1 year ago
129

In this video, we discuss the US debt ceiling debate in the context of US unfunded liabilities and foreign buyers' decreasing interest in owning US debt.

Ultimately, all US unfunded liabilities will need to be funded by US Treasury debt issuance, and that debt will be purchased by the Fed, ballooning the Fed's balance sheet to $100 trillion and beyond.

There is no other way out, now that total US government debt has grown so far beyond the size of the US economy which is meant to service that debt. Fiat devaluation and money printing is the path that will be taken.

US debt has no ultimate ceiling, just as fiat money has no floor. The US government and Fed will ultimately print to infinity as they try to remain afloat.

Debates about debt ceilings are pure political theater that is meant to distract voters from these fundamental structural issues.

What Is Bitcoin's Ultimate Price Target?
https://www.youtube.com/watch?v=1ugK2waqCqM&ab_channel=TraderUniversity

US debt ceiling crisis:
https://www.brookings.edu/2023/01/25/how-worried-should-we-be-if-the-debt-ceiling-isnt-lifted/

US total public debt:
https://fred.stlouisfed.org/series/GFDEBTN

Yellen warns of debt ceiling "catastrophe" for U.S. and beyond:
https://www.axios.com/2023/01/28/yellen-debt-ceiling-nervous-default-recession

US debt clock:
https://www.usdebtclock.org

Social Security cost of living adjustments (COLA):
https://www.ssa.gov/oact/cola/latestCOLA.html

Major foreign holders of US Treasuries:
https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt

Watch the Fed's balance sheet grow:
https://fred.stlouisfed.org/series/WALCL

1996 debt ceiling crisis:
https://www.nytimes.com/1996/01/28/us/congress-must-raise-debt-limit-to-avoid-default-clinton-says.html

2011 debt ceiling crisis:
https://en.wikipedia.org/wiki/2011_United_States_debt-ceiling_crisis

2013 debt ceiling crisis:
https://en.wikipedia.org/wiki/2013_United_States_debt-ceiling_crisis

2023 debt ceiling crisis:
https://en.wikipedia.org/wiki/2023_United_States_debt-ceiling_crisis

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. I will tell you to FUCK OFF!

Original Video by Trader University: https://www.youtube.com/watch?v=biLDXrtEoxU

🦁 www.MAGAlionHAT.com 🦁
-------------------------------------------------------------------------------------------------------
Enjoy the content I provide? Please help support this renegade channel with PayPal! 💰
PayPal: MAGAlionHAT@Gmail.com

Or, if you like you can Buy Me A Coffee: https://www.buymeacoffee.com/MAGAlionHAT

Crypto wallet addresses below. If you have a type of Crypto you wish to donate that I don't have a wallet for, email me and I will create one! 🤑

It keeps me afloat while I'm working to produce informative and entertaining videos while finding and providing gems from other creators for you to enjoy! 🤗
Any donation would be GREATLY appreciated! Thank you and God Bless! 🙏

Bitcoin (BTC):
bc1q63xshh2c2u4tvc6jksl5crlhtp554qu0l4nn8j

Bitcoin Cash (BCH):
qqms8t79e6rk5z5djad360d38y9kkqnh7yfpxkkuy5

Bitcoin SV (BSV):
1F6oH8qkMjswViJSwq965gRivE3DqKuJKC

Litecoin (LTC):
LgxrUdjUxnmFGLtsAbh76C3aAm3dXAGDFV

Dogecoin (DOGE):
DGn5bkC9WM1E2oM79HWiYoVxE3rHuEGkoS

Ethereum Classic (ETC):
0xC03AEe5333D50a20810e1A7585D9BB3f77E0B773

Ethereum (ETH):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Shiba Inu (SHIB):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Chainlink (LINK):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Polygon (MATIC):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Ripple (XRP):
rwvGofsMZQMyqro9YPe7swpo6C6Kagpg2e

VeChain (VET):
0x6410f2e05fEF8169bd1A6935884B9D4D56D9017b

Loading 3 comments...