Why Debt is Worse for Nations than Individuals

Swan Bitcoin (Get $10 of BTC) https://www.swanbitcoin.com/heresyfinancial

Have you ever been able to use debt to increase your income? Most likely, you have been able to.

However, when you scale things up and you go from an individual, to a business, to a large business, and to a country — the problems with debt financed growth become larger exponentially, not linearly.

To the point where when you reach nation states, (large nations using debt to try and fuel growth) — you almost always result in massive, catastrophic consequences, which can make things much worse in the end than they were before.

40% OFF First Week ONLY! My Portfolio Allocation Mastery Course Promo Code LAUNCH40 https://heresyfinancial.teachable.com/p/bulletproof-your-portfolio?coupon_code=LAUNCH40

Timecodes
0:00 Video Overview
0:39 Intro
0:46 Sponsor: Swan Bitcoin
1:39 The Effects of Debt on Individuals
3:22 Feedback Stopping More Incorrect Actions
4:06 Corporate Debt
6:05 Debt on a Larger Scale
7:49 Outro

Upcoming Events I'm Speaking At:
Silver Symposium (10% off) https://bit.ly/hrsyslvrsmp
Pacific Bitcoin (Promo Code HERESY) http://www.pacificbitcoin.com/

Sign Up for MooMoo to Get Free Stocks https://bit.ly/hrsymoomoo

My Courses and Guides🍎🍎
💵Bulletproof Your Portfolio https://heresyfinancial.teachable.com/p/bulletproof-your-portfolio
🔑Ultimate Guide on How to Buy Gold https://gum.co/DUkCt
📝Weekly Newsletter https://heresyfinancial.curated.co
📈Advanced Trading with my good friend Gareth Soloway https://heresyfinancial.krtra.com/t/xtZAkTWIuCCp

Gold and Silver🔥🔥
💰Get Paid Interest IN Gold ON Your Gold https://monetary-metals.com/heresy-financial/
📱Buy Vaulted Gold https://vaulted.blbvux.net/2rXX47
🔒OneGold Gold/Silver/Platinum (Code Heresy1x) https://bit.ly/3mS6dNo
🪙Gold/Silver IRA (Get $100 of BTC) https://itrust.capital/heresy

Bitcoin 💎💎
🔐Best Bitcoin IRA (Get $100 of BTC) https://itrust.capital/heresy
🦢Best Place to Buy Bitcoin (Get $10 of BTC) http://bit.ly/swnhrsy
📟Best Bitcoin Wallet http://bit.ly/ldgrwlt

Stocks💰💰
💹Best charts (Get $30) http://bit.ly/tvchrts
📈Best all-around https://bit.ly/3zFGSO2
📊Best auto investing https://m1finance.8bxp97.net/QOKA3P

Real Estate 🚀🚀
🏠Single-Family Rentals https://roofstock.3k3q.net/XJX24
🏡 Invest in High-Yield RE Debt https://groundfloor-finance.sjv.io/mgRRvy
🏘RE Portfolio Investing https://fundrise.sjv.io/Ygg2NO

Misc ⚖️⚖️
📖My Bookshelf https://ur7hr.glideapp.io/
☕️Merch https://heresy-financial.creator-spring.com
🤝Join my private community on Locals https://heresyfinancial.locals.com

I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial.

#LeveragingDebt #ScalingaBusiness #Finance