The Congressional Budget Office has admitted that the US national debt cannot be repaid. So what’s the solution from the US Government and Federal Reserve, will this weigh on the election, and what will the result be for the stock market?
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0:00 The U.S. Can’t Repay Its Debt
1:00 How the Government Goes Into Debt
4:00 The Size of the Deficit
8:15 Inflating Away the Debt
12:40 Fixing the Deficit
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Economic analysts say while the idea of a government of national unity brings hope for broader consensus, there are risks.
This is said to weigh on consumers facing reduced access to services if the government struggles to implement cohesive economic strategies.
National Debt Advisors’ Dehan Scherman discusses this with Tumisang Ndlovu.
Tune into Newzroom Afrika DStv channel 405 for more.
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“Budget process starts out idealistic and it ends up devolving into a turf war between members over over who can control what, and the whole system falls apart,” says Brian Riedl.
Watch the full episode of The Reason Interview with Nick Gillespie featuring Brian Riedl here: https://youtu.be/gYhBYN7DMBA
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Earlier this month, Rep. Pete Sessions (R-TX) questioned Secretary of the Treasury Janet Yellen on the national debt during a House Financial Services Committee hearing.
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Farm Debt mediation on a nationally consistent basis was a recommendation from Commissioner Hayne.
LNP and Labor have both squibbed introducing it.
Banks sprout about their good intentions- here’s a chance for a bank to take a lead.
Suncorp clearly not interested in genuinely supporting farmers
In this video, we delve into the alarming trend of record-breaking U.S. credit card debt. As debt levels reach all-time highs, we question the potential impact on the country’s economic stability. We explore the causes behind this surge, analyze its implications, and discuss potential solutions.
Is this escalating debt a ticking time bomb for a national crisis? Join us as we unpack this critical issue. Don’t forget to subscribe and share your thoughts in the comments below. Together, we can navigate these complex financial times. #debt #creditcard #spending
If you’re struggling with debt in South Africa, it’s important to understand how the National Credit Act and debt review can help you get your finances back on track. In this informative video, we’ll cover everything you need to know about the National Credit Act and debt review in South Africa.
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The National Treasury is considering introducing reforms to stop the abuse of garnishee orders.
Many consumers have been issued garnishee orders by clerks of the court instead of by a magistrate…
A move regarded as fraudulent.
The National Debt Mediation Association, says there are as many as 3-million active garnishee orders in South Africa at present