Unstoppable Debt Collapse - It's Now Just Math | Andy Schectman
The U.S. has surpassed a 130% debt/GDP ratio. Nearly all nations that have hit this ratio have never recovered, says Andy Schectman. Many people are waking up to the precarious fiscal situation the U.S. is in and what it could mean for the U.S. dollar. Schectman says "we've crossed the rubicon," and based on history, the U.S. is headed to default or hyperinflation.
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2:38 The tipping point
10:00 An awakening
16:30 Blackrock
23:41 Weekly special
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