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Скачать или смотреть U.S. Debt Ceiling Crisis: What Happens If The U.S. Defaults?

  • Bob Sharpe
  • 2023-05-22
  • 24659
U.S. Debt Ceiling Crisis: What Happens If The U.S. Defaults?
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Описание к видео U.S. Debt Ceiling Crisis: What Happens If The U.S. Defaults?

🔵 In this comprehensive video, we delve deep into the U.S. Debt Ceiling, the looming threat of US Default, and the implications this would have on the nation and the world.

Ever wondered about the significance of the United States Debt Ceiling and why it keeps getting raised? The US Debt Ceiling has been raised a staggering 42 times since 1981, but what does that mean for you, and why should you care? With the potential risk of the Debt Ceiling not being raised, the United States could fall into default. This video breaks down what that means for the country's economy, its people, and its status on the world stage.

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If the U.S. were to default, it could fail to meet crucial financial obligations, such as paying government employees or Social Security benefits. This could have severe effects on the stock market, U.S. credit score, and global power status. But how does the debt ceiling work and how could it impact you? Find out in this detailed analysis, which provides easy-to-understand explanations for complex financial concepts.

Since the making of this video, the U.S. has never defaulted on its debt, largely due to its powers to tax and print its own currency. However, these tools are not always enough, and the U.S. government often finds itself relying on selling bonds or printing more cash to make up for shortfalls. We'll discuss these strategies and how they tie into the debt ceiling in this video.

The U.S. Treasury plays a significant role in the country's finance, handling the income and spending of the funds. Still, it does not make decisions about the debt limit or government spending. The complex interplay between the president and Congress can sometimes make this a convoluted and politically-charged issue. This video sheds light on how these decisions are made and why they are so critical to the U.S. economy and the average American.

President Reagan holds the record for the most debt ceiling increases since the 1980s, raising it a total of 18 times. We'll take a closer look at the debt history of other U.S. Presidents, including Trump, Clinton, Bush, and Obama, and the factors that contributed to their fiscal decisions.

What happens if the United States actually defaults? From job losses and skyrocketing interest rates to a potential stock market crash, the consequences could be severe. We'll cover these risks and more in the video.

Join us as we demystify the U.S. Debt Ceiling, its potential implications for the U.S. economy, and how it could directly impact you. Don't forget to share your thoughts on the U.S. debt limit in the comment section below.

If you enjoyed this video and want to stay updated on similar topics, make sure to like, share, and subscribe! Turn on the bell for more notifications and check out the next video linked above.

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⚠️ The information in this video is for educational purposes only and does not constitute financial advice. Please do your own research or consult a financial advisor before making any investment decisions.

*Disclaimer: Bob is not a financial advisor. Please contact a professional financial advisor prior to making any decisions. Some of the links and other products that appear on this video are from companies in which Bob Sharpe earns an affiliate commission or referral bonus. Bob Sharpe is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

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