[2023-07-09] America's Fiscal Death Spiral: Cut Spending, Raise Taxes, or Money Printing?
America's Fiscal Death Spiral: Cut Spending, Raise Taxes, or Money Printing? ft. Peter St Onge
Sunday, July 9, 2023 #Silversqueeze #crash #broke
In this video, Peter delves into an alarming new article that discusses America's current fiscal state. Charles Hugh Smith warns of a fiscal meteor that could trigger a financial collapse and social disorder, echoing Ray Dalio's similar prediction. The article argues that the deficit, fueled by uncontrollable spending and a compounding $32 trillion national debt, is spiraling out of control. Tax revenue would plummet with a potential recession looming, exacerbating the deficit even further.
Peter St Onge from @Profstonge has granted us permission to upload this video for our audience.
Peter's Twitter: https://twitter.com/profstonge?s=20
Peter's Substack: https://stonge.substack.com/
Twitter - https://twitter.com/WallStreetSilv
Telegram - https://t.me/s/WallStreetSilver
DISCLAIMERS/TERMS/RULES:
â–º I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.
#silver​​ #wallstreetsilver #gold #preciousmetals #silvergoldbull​ #Wall #Street #Reddit #Platinum #CurrencyReset #Reset #Silversqueeze #Fed #November2021 #2021 #worse #restart #financecommunity #stockexchange #inflation #preciousmetals #finance #banks #financecrash #gold #economy #money #economiccrisis #broke #credit #inflation #purchasingpower #systemchange #crisis #crash #marketing #insolvency #profit #bitcoin #Cryptocurrency #politics #media #stockmarket #stocks
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