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
Detain her the encourager influencing violent acts of progress, she said "cut" this is a violent act.
The American Ponzi.
"I love the way you lie".
12:43 Tattoos on her shins? Why?
I think it's important to stick to stocks that are immune to economic policies. AI stocks that have the potential to power and transform future technologies. It seems AI is the trajectory most companies are taking, including even established FAANG companies. Maybe there are other recommendations?
Good, factual content. I think CNBC could have gotten more and higher quality experts to cover the Debt spiral. I never heard of most of the experts in the video.
Socialism coming to US Farmers will be paid by using our taxed dollars. Trump should use his own money to Bail them out?
Love this channel! #moricoin seems to be gaining real momentum ????
Im sure , with his long history of successful business ventures, Donald Trump is the right person to save America's economy – THOUGHT ABSOLUTELY NO ONE.
Only 3 months????
Boycott the traitors don't buy American, no to bullies! no to pedos, big shame for USA and MAGA
Mark my words. If the next President is again from the Republican, there will be another round of big tax cut.
Anyone remember DOGE? ????
This is pure stupidity….absent common sense, critical thinking, and debate.
Great video thank you
Who benefited from all this congressional. spending..not the normal American.
America can always pay other countries with war and unrest..
The analysis is faulty. In first place the problem is how the debt spiralled so much? Truth is, it was manufactured by printing dollar in much excess than it's GDP could generate in a proportion. US manufactured wars by printing and allowing that to go offshore. Then it started borrowing it back and repaying by printing more – and every time it hit the ceilings, the senate was staged in the front to legitimise the borrowing. It's the same vicious loop that a high school book on economics teaches not to follow. The benefit it enjoyed by leveraging it's offshore housing is now a headache that will take every other economy into peril because we all are now slave of dollar. If one rejects it, it looses a lot, keeping it makes loosing slowly but for prolonged periods. It's like now a bad stock that's having some uncontrolled floats and there's no circuit breaker to save a day when situation plays! It will take at least few decades to slowly get out of this big trouble – but not entirely because US will never end it's debt, rather it will increase year after year and make dedollarisation literally impossible. Huh… a global nuisance in all formats
Occupy Venezuela and steal their oil. It has always worked.
Crisis for us but profit for them
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Cable Construction is expected to see a sharp rise. <00175>