The Alarming TRUTH About The US Debt Spiral

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Let's talk about the U.S. debt spiral.

Alarming.

Just to do it to deal with that, I just want to ask the question.

Okay, like not saying that he's a great president because I'm arguing that he may be less evil than Trump.

So when Bush left office, that's GDP was at 35 and 2009.

It was at 81.5%.

Some analysts say the normalized rate for the debt to GDP ratio in 2035 will be 300%.

Do you think spending will ever come back down or what's the new norm that we should be facing?

Because if we're going to be very honest, the power of the dollars went away.

Dramatically, just in our lifetime, spending power has decreased.

Do you think we ever get back to a normal cycle or do you think this spiral continues on forever?

Let's just talk like it's us at dinner, no audience.

It's never going to stop.

Never will it stop.

I know you was going to say it, so I didn't want to say it.

That's what we do.

It's scary.

And the rate of acceleration is just post COVID.

Like.

Well, I think Ray Dalio put a post up.

He said the new world order is already happening.

It's already in.

And we could put this in detail in blackout as well.

But yeah, I mean, you know, we have massive debt starting another war just so you don't have to release.

Epstein filed that's going to be billions of dollars.

The amount of money that's going to be spent on the Iran debacle.

That's going to be another debacle for no reason.

You just find the ways to spend money.

China, when is the last time China invaded the country, put in chat?

Yeah.

When is the last time China has been engaged in a war?

Or a full-fledged military operation outside of the borders of China or inside the borders of China?

When is the last time that that's happened?

Because they're focused on building an economy.

And we're focused on just doing completely idiotic things for no reason.

Like the Iran thing, that's really, that's not even, that's for no reason.

They have no nuclear capability.

They already ruined their nuclear capabilities.

And the only reason why they even had the nuclear capabilities to begin with is because you re-nigged on a deal.

I was already in place, but I'm to de-escalate their nuclear capabilities.

So this doesn't even make any sense at all.

You literally, we already took care of a nuclear situation in Iran.

Why are you even doing this?

It's going to be so much money spent.

Even if there's no military boots on the ground.

Just to send the ships over there is like a half a million dollar operation.

Chips, new technology, main power, yeah.

And there's literally no reason for us to even be thinking about Iran right now.

Well, there's a reason but we can't say all that.

What do you buy?

What do you buy?

Not on Al Gore than in that we won't.

In compare.

Countries with low debt to GDP, Saudi Arabia, 20 to 27 percent, Norway, 30 percent, Switzerland, 30 to 40 percent, Indonesia, 39 percent.

To us not just third world countries that have low debt to GDP, Saudi Arabia and Switzerland has found a way to not inflate that.

And inflate their way and move their debts to GDP to almost 200 percent, which is incredibly scary.

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