In a shocking financial move, Japan has sold its entire holdings of US debt in direct response to Trump’s economic crisis. This unprecedented action has sent ripples through global markets, raising concerns about the stability of the US dollar and the broader economy.
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JAPAN’S BIGGEST NIGHTMARE: China Buys Toyota, Honda & Nissan as Auto Market Collapses:
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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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Ramsey Solutions founder and CEO Dave Ramsey discusses America’s student loan and debt crisis on ‘Fox News Sunday.’
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Trump’s tariff strategy faces scrutiny as the U.S. debt crisis deepens, raising concerns over the economy’s stability and future growth.
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TIMECODES
00:00 The Promise of Fiscal Change (and the Disappointment)
00:28 The Debt Is Growing—Here’s the Real Plan
01:35 The 4 Ways a Country Deals with Debt
01:46 Option 1: Inflation (And Its Dangers)
02:48 Option 2: Austerity Explained
03:45 Can the U.S. Really Cut Back?
05:19 Option 3: Default (Why It Won’t Happen)
06:43 Option 4: Growth (The Current Strategy)
07:41 Does Tax Cuts = Economic Growth?
08:58 Growth Needs More Than Just Tax Cuts
09:42 Deregulation, Innovation & Government Interference
11:02 The Hidden Cost: Inflation Still Hits Hard
11:51 How to Prepare for What’s Coming (Black Swan CTA)
12:04 Final Thoughts
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Botswana’s economy is on the brink.
In 2025, the diamond industry is collapsing, public debt is near its legal ceiling, and growth has flatlined. In this deep dive, SnapFlash unpacks the latest Econsult Economic Review, revealing shocking figures:
???? Mining down 24.1%
???? Budget deficit at P24.7 billion
???? De Beers’ sales down 44%
???? U.S. tariffs hit diamonds hard
???? Government savings nearly depleted
Botswana’s Economic Crisis 2025: Diamonds Fall, Debt Soars, and Reform Urgently Needed
Will urgent reforms come in time to prevent an economic meltdown? And can Botswana reduce its over-reliance on diamonds before it’s too late?
?? Watch now for a clear, compelling breakdown of the numbers, the risks, and what comes next.
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The crushing weight of external debt is crippling Africa’s poorest nations, prompting a coalition of former African leaders, backed by seven ex-heads of state, to push for a new debt relief programme. Their proposal mirrors the Highly Indebted Poor Countries (HIPC) initiative of the 1990s, aiming to ease financial pressure from private, bilateral, and multilateral creditors.
The UN Development Programme has also called for urgent action, highlighting that a 60% debt reduction could save the world’s 31 poorest countries nearly $80 billion. But will global creditors respond?
Joining us to break it all down is Oladipo Ajayi, Head of Fixed Income and FX at Chapel Hill Denham. Stay tuned for expert insights!
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Credit card defaults in the U.S. have hit their highest level since 2010, with delinquencies rising 50% in 2024. With $170 billion in interest paid over the past year and increasing financial strain on lower-income households, this episode explores the economic impact and upcoming challenges.
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