Independent analyses, ranging from Yale University to the Wharton School to the Congressional Budget Office, have each said that President Trump’s Big Beautiful Bill will add trillions of dollars to the U.S. deficit over the next 10 years. Yet, this year, the U.S. deficit is already exceeding 6 percent of GDP, a level roughly 63 percent higher than the average in the past five decades. And unlike past spikes, the current one isn’t driven by war or economic crisis, leading many to worry. In this documentary, through dozens of interviews with experts including Former Treasury Secretary Robert Rubin, macro investor Ray Dalio and Former Chairman of the Joint Chiefs of Staff Mike Mullen, CNBC’s Leslie Picker explores what will happen if the deficit is not reined in.
Chapters:
0:00 Introduction
1:27 How we got here
4:17 Market fallout
9:45 Economic ripple effects
13:48 International implications
Reported by: Leslie Picker
Produced by: Ritika Shah
Edited by: Erin Black
Senior Managing Producer: Tala Hadavi
Camera: Magdalena Petrova, Carlos Waters, Natalie Rice, David Soltis, Leroy Jackson, Alex Bedoya, Mark Aster, Michael Luciano, Tyler Roth, Jordan Smith, Miles Ross, Tara McCurrie, Vincent Castaldo, Marco Mastrorilli, Erin Black
Animations: Jason Reginato, Emily Park, Virginia Davies
Production Support: Kathy Mavrikakis, Darren Geeter
Managing Editor: Lacy O’Toole
Senior Director of Video: Jeniece Pettitt
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How America’s Debt Spiral Could Spark the Next Crisis
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Chapters
0:00 Subscribe!
0:51 Debt Breakdown
3:24 Credit Card Statement
4:50 How I Got Into Debt
6:03 Gotcha Games
7:39 $7,000 In Debt From Food
9:14 $70,000 In Debt
10:35 Vacations
12:51 Minimum Payments
15:29 Comment
15:44 Back In Debt After Bankruptcy
17:29 Comment
18:09 “Free Money”
19:48 Declining Credit Scores
20:36 Payday Loans
22:00 Comment
22:35 Deadbeat
24:07 $1,200 Car Payment
26:03 Regret
27:37 Not Normal
#money #finance #debt
???? woooowwwwww now she’s borrowing money from her dad to pay her own mortgage… this is just so gross. It’s exposed in the post show, watch here: https://www.youtube.com/channel/UCLe_q9axMaeTbjN0hy1Z9xA/join
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Chapters:
00:00 Intro
10:19 DAAAMN
23:00 but wait, theres more!
35:40 wtf
52:20 again.. wtf
01:04:36 to lesbian or not lesbian
01:21:36 they always owe money to the IRS
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The national debt has grown to more than $37 trillion. There is mounting concern in some quarters over how soon the ballooning debt will impact the lives of everyday Americans. As Paul Solman explains, simply paying the interest on that debt is already swallowing a larger portion of the federal budget.
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Discover how the billionaires use debt to get richer in an easy-to-understand way! Learn the secrets of turning debt into money-makers, smart investing, and how the rich avoid paying taxes. Simple language and real-life examples, including Elon Musk’s strategy will make you 100% understand this complex concept. Debt isn’t always bad, and let’s find out why! Subscribe for more financial tips and tricks!
Chapter:
0:00 Introduction
0:12 Basic of Debt
0:49 Basic Concept of Using Debt to Get Richer
1:46 Example 1: Real Estate
2:35 Example 2: Investment
3:07 Example 3: Buy, Borrow, Die
4:22 Example 4: Leveraged Buyout
4:56 Reasons Why Taking Debt & Risks
5:29 Real Life Example: Elon Musk Case
#debt #debttoincome #investing #stocks #finance #billionaire
Ramsey Solutions founder and CEO Dave Ramsey discusses America’s student loan and debt crisis on ‘Fox News Sunday.’
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The U.S. national debt has surpassed $37 trillion, rising at an unprecedented pace of about $22 billion per day, with much of the spending benefiting the military-industrial complex, Wall Street, and Big Pharma rather than working Americans. Jimmy points out that, unlike FDR, who directed deficit spending into citizens’ pockets to stimulate the economy, current policies redirect funds into defense and corporate interests.
The White House is defending its economic strategy, claiming tariff revenues and growth will improve the debt-to-GDP ratio, but the gains are minimal compared to the debt’s size. The reality is that without major cuts—particularly to the Pentagon budget—the debt will continue to balloon, risking economic instability and loss of global confidence.
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