Скачать или смотреть The $38.5 Trillion Trap: How a Wartime Tool Became America's Debt Crisis

The modern debt ceiling was never intended as a fiscal constraint. Born in 1917 as a wartime borrowing authorization, this administrative tool has transformed into a $38.5 trillion political weapon. This video traces the century-long evolution of America's debt ceiling from practical solution to structural vulnerability.

📜 *Part 1: The Wartime Authorization (1917)*
The Second Liberty Bond Act created a $15 billion borrowing limit for WWI financing - not as fiscal constraint, but as administrative convenience for rapid war funding.

🔄 *Part 2: The Postwar Transformation*
WWII exploded government debt from $45B to $300B, transforming the ceiling from emergency tool to permanent peacetime feature.

⚔️ *Part 3: The Political Weaponization (1990s-present)*
The debt ceiling became political leverage, with lawmakers using it to force concessions, leading to government shutdowns and the 2011 credit downgrade.

📈 *Part 4: The $38.5 Trillion Threshold*
Today's staggering debt level represents accumulated decisions from wars, recessions, pandemics, and decades of deficit spending.

⚠️ *Part 5: The Structural Inevitability*
The mathematics are clear: continuous deficits require continuous borrowing, creating recurring crises that threaten global financial stability.

📚 *Part 6: Historical Patterns of Debt*
From Ancient Rome to modern Europe, sovereign debt systems must evolve or face crisis - a lesson America has yet to learn.

This is the story of how a simple wartime mechanism became America's $38.5 trillion trap, threatening the very financial stability it was designed to protect.

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⚠️ READ BEFORE WATCHING:
This video is for entertainment and educational purposes only. It is not financial advice.

Market Risk: Past performance doesn't guarantee future results. The "logical sequences" discussed are theoretical models, not certainties.

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