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Final Warning: The Terrifying Reality of America's $31.6 Trillion Debt Crisis
Hey there, it's your favorite financial watchdog here with a warning you don't want to miss. In this video, I'm going to break down the shocking truth about the US debt crisis that no one is talking about. Brace yourself, because the numbers are not looking good.
Did you know that we're currently $31.6 trillion in debt? And that's not even the worst part. Our debt to GDP ratio is at a whopping 120%, which means we're consuming way more than we're producing as a country. Yikes!
Now, some of you might be thinking, "Oh, it's just a weird time because of the pandemic, things will turn around." But let me tell you, it's not that simple. Just take a look at the exponential growth of our government debt since the early 2000s. It's insane! And I don't see it turning around anytime soon like a meme coin.
But don't just take my word for it. Let's hear it straight from the horse's mouth. I'm talking about the decision-makers who are forming the budgets. In this video, we'll listen to none other than the Secretary of the Treasury herself, Janet Yellen, as she lays out the best-case scenario for our debt crisis.
So buckle up and get ready to face the harsh reality of our current financial situation. This video might just be the wake-up call you need to start taking your finances seriously. Let's go!
Timecodes
0:00 Let This Be Your FINAL Warning
0:54 Jent Yellen's Answer
1:21 Their Only Solution
2:54 Precious Metals Will Outperform Stocks
5:31 It's Going to Get Worse
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#JanetYellen #Inflation #NationalDebt
This information is for educational purposes only. It is not, and should not be construed as, investment advice. You should seek proper legal, accounting, and financial advice from a local certified attorney, certified professional accountant, and certified financial advisor that is familiar with your situation, circumstances, and the laws in your jurisdiction.
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