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How Long Until the US Defaults On Its Debt?
Today we're talking about the United States Governments' debt load. We all know its grown to a monstrous stack of $30 trillion us dollars.
So the question on everyone's mind is, as the debt, and the cost of the debt keeps growing, how long can they go before they default on their debt?
In this video, I'm going to give you the answer to this and it might surprise because it's probably not what you'd expect to hear.
Timecodes
0:00 Video Overview
0:48 Intro
0:55 How Much The Debt Has Grown
2:01 Interest Rates and Debt
6:01 How Will The Government Afford to Pay Debt Obligations
9:22 Implications of Rising Interest Rates
11:06 Why Has The Balance Sheet Grown So Much
13:33 How Deep Will Deficits Stay?
17:38 Outro
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#USDebt #Defaults #InterestRates
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