Debt Crisis of United States of America 2017 Explained in a Simplified Way
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Debt Crisis in United States of America, A Simplified way of understanding the whole scenario of the debt crisis, the inevitable collapse of the american Economy. A must watch simple explanation video for understanding the scenario of US Economy, inflation, stagflation, recession etc. for all those who are considering to shift their jobs and businesses to US in coming future, Sorry for the outdated data figures in the video but it will give you a straight and simple idea about the thing. Debt Crisis: http://en.wikipedia.org/wiki/Debt_crisis US Debt Crisis 2013: http://en.wikipedia.org/wiki/United_States_debt-ceiling_crisis_of_2013 US debt crisis 2011: http://en.wikipedia.org/wiki/United_States_debt-ceiling_crisis_of_2011 Stagflation: http://en.wikipedia.org/wiki/Stagflation Some Featured Thoughts by viewers: David Hung: In order not to pay their debt , The evil U.S government will start wars all over the wold , like they always do in the past , in north Africa , Mid-East , South America & wish to overthrow their biggest creditor China . When U.S government use their borrow-money to build army , weapons & missile to kill human life , they even say they believe in God ,how would God answer this BS ! The most bad thing in the world is that you borrow money and you do not pay back , so you kill the person you borrow money from. Cassio VA : Solutions: 1- Make the bigs companies pay taxes 2- Stop burning money whit military things 3- Turn Communism Emperor Tikacuti : The preparation will be, WWIII and the collapse of the American imperial economy, because the American Empire owes more than 20 trillion dollars, both to the nations of the world and the government. If they continue to borrow money from other nations, other nations will feel threatened and will rise as anti-Americans, because they don't want their money to be stolen and borrowing money from the bank will lead to serious problems, for internal debt, whether banking, IRS, companies, insurances and even health care and whatever they're doing against nations and itself and citizens refuse to pay but spend on materials and products, the fault will not be the government but the people as well, because the American Empire isn't ruled by the government but by the people, who caused the collapse and starting a war against nations for resource like Nazi Germany. WWIII will lead the collapse of the American Empire and Capitalism, ending the Cold War and other problems and that time will come, when the bomb hits. Goler Soft 7: how does the government pay back the us debt by putting the fed printed money in banks all around america? and plus the fed charges interest witch puts the government in more debt. so basicly dats paying debt wit debt. also, how does paying back the debt with the federal reserve money cause inflation when the governments not putting the loaned fed money in the economy just using it on the debt? or mabey the government isnt using it to pay the debt. mabye there just putting it in the ecconomy causing inflation claiming there paying off the debt, but really causing inflation. but why? kalatapie: there are two easy steps in fixing the debt crisis: step 1: increce the taxes on the wealthy people. why? because it is not normal for a man to make more money a day than an american makes a lifetime! stem 2: reduce military spending. because, seriously, the cold war is over. you do not need to spend 20% of your GDP in the military considering that there is no major threat for your country. Demogorgon47 : And when the global financial collapse happens revolution will most likely begin. Millions will die from lack of resources and warfare. People will be calling for the heads of the douchebags that enacted the ridiculous federal reserves that corrupted the whole fucking system to begin with. Reserve banks are the cancer in the system. Loaning the people the nation's currency at interest in a huge fucking mistake. A robbery of the worst kind and it'll bring the whole system crashing down because a few greedy fucks decided to rob EVERYONE world wide. It's a broken system. Either replace it with a resource based economy or hold the greedy fucks accountable. Oh that's right they've got everyone in their pocket so they're untouchable. Fucking bullshit. Why is it no one listens to voice of reason? If people did so maybe we wouldn't be heading towards extinction by greed! My Facebook Page: https://www.facebook.com/AkashVedi.Page My Twitter Page: http://twitter.com/AkashVedi Video : Tequs http://tequs.com Like, Comment and Subscribe to the channel for more interactive updates.
Comments
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Here's my barometer for how well the economy is doing: are businesses that formerly survived off discretionary spending trying to get you to buy ""in bulk?"
Something like buy two shirts for the price of one. That's what old mom and pops use to do. These are business that had very little funds to work with. They are trying to move merchandise, stay competitive, and fight for every last cent. The stuff that they manufacture breaks soon after purchasing and they hope the vast majority won't care and will just pay for another.
Very bad indeed. -
Another way to look at it is this: when you print more money, individuals will want to own a greater share of the increase in dollars, it is that greed which raises the cost of commodities.
The problem, as I see it, is that more printing means less conserving because everyone is after that greater share of a bigger pie. -
the part about printing money for private use doesn't really tie into the discussion on the public debt.
You can't leave out population increase when talking about printing money, though everyone does. What is the fed supposed to do, keep the same money in circulation year after year while the population goes up? -
Just cut spendinding and make money like everyobody does to increase income till you get rid of 14 trillions
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How about if uncle sams stops being a sell out piece of shit and instead of taking loans of IOU's, he starts printing his own fucking currency.
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Tell the stupid US government to stop wasting the tax payer money on Wars and stop pay Israel 15 billion every year
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Trust me it's not that simple , and you definitely DO NOOT want any Chinese, Russian to be in USA position..
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Something doesn't seem quite right about this video. I need to ponder it.
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This is not a pyramid scheme right?
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Yay! America has the strongest military! oh wait, how come the debts?
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micro chips will replace all this money,new system,and police will be drones monitoring people,can't buy anything with gold,flying cars by GPS navigation the future,I've seen in a dream 10 years ago
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this is the reason why we will be micro chips soon,
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Fix this problem and then you can make your country great again
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yay
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A simple solution would be to BAN banknotes and just use COINS instead. Problem solved
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nice 240p
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The U.S and almost every other country needs some Socratic wisdom
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how about you cut spending on military equipment? especially foreign-produced equipment...
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