Debt Crisis of United States of America 2017 Explained in a Simplified Way

Debt Crisis in United States of America, A Simplified way of understanding the whole scenario of the debt crisis, the inevitable collapse of the american Economy. A must watch simple explanation video for understanding the scenario of US Economy, inflation, stagflation, recession etc. for all those who are considering to shift their jobs and businesses to US in coming future, Sorry for the outdated data figures in the video but it will give you a straight and simple idea about the thing. Debt Crisis: http://en.wikipedia.org/wiki/Debt_crisis US Debt Crisis 2013: http://en.wikipedia.org/wiki/United_States_debt-ceiling_crisis_of_2013 US debt crisis 2011: http://en.wikipedia.org/wiki/United_States_debt-ceiling_crisis_of_2011 Stagflation: http://en.wikipedia.org/wiki/Stagflation Some Featured Thoughts by viewers: David Hung: In order not to pay their debt , The evil U.S government will start wars all over the wold , like they always do in the past , in north Africa , Mid-East , South America & wish to overthrow their biggest creditor China . When U.S government use their borrow-money to build army , weapons & missile to kill human life , they even say they believe in God ,how would God answer this BS ! The most bad thing in the world is that you borrow money and you do not pay back , so you kill the person you borrow money from. Cassio VA : Solutions: 1- Make the bigs companies pay taxes 2- Stop burning money whit military things 3- Turn Communism Emperor Tikacuti : The preparation will be, WWIII and the collapse of the American imperial economy, because the American Empire owes more than 20 trillion dollars, both to the nations of the world and the government. If they continue to borrow money from other nations, other nations will feel threatened and will rise as anti-Americans, because they don't want their money to be stolen and borrowing money from the bank will lead to serious problems, for internal debt, whether banking, IRS, companies, insurances and even health care and whatever they're doing against nations and itself and citizens refuse to pay but spend on materials and products, the fault will not be the government but the people as well, because the American Empire isn't ruled by the government but by the people, who caused the collapse and starting a war against nations for resource like Nazi Germany. WWIII will lead the collapse of the American Empire and Capitalism, ending the Cold War and other problems and that time will come, when the bomb hits. Goler Soft 7: how does the government pay back the us debt by putting the fed printed money in banks all around america? and plus the fed charges interest witch puts the government in more debt. so basicly dats paying debt wit debt. also, how does paying back the debt with the federal reserve money cause inflation when the governments not putting the loaned fed money in the economy just using it on the debt? or mabey the government isnt using it to pay the debt. mabye there just putting it in the ecconomy causing inflation claiming there paying off the debt, but really causing inflation. but why? kalatapie: there are two easy steps in fixing the debt crisis: step 1: increce the taxes on the wealthy people. why? because it is not normal for a man to make more money a day than an american makes a lifetime! stem 2: reduce military spending. because, seriously, the cold war is over. you do not need to spend 20% of your GDP in the military considering that there is no major threat for your country. Demogorgon47 : And when the global financial collapse happens revolution will most likely begin. Millions will die from lack of resources and warfare. People will be calling for the heads of the douchebags that enacted the ridiculous federal reserves that corrupted the whole fucking system to begin with. Reserve banks are the cancer in the system. Loaning the people the nation's currency at interest in a huge fucking mistake. A robbery of the worst kind and it'll bring the whole system crashing down because a few greedy fucks decided to rob EVERYONE world wide. It's a broken system. Either replace it with a resource based economy or hold the greedy fucks accountable. Oh that's right they've got everyone in their pocket so they're untouchable. Fucking bullshit. Why is it no one listens to voice of reason? If people did so maybe we wouldn't be heading towards extinction by greed! My Facebook Page: https://www.facebook.com/AkashVedi.Page My Twitter Page: http://twitter.com/AkashVedi Video : Tequs http://tequs.com Like, Comment and Subscribe to the channel for more interactive updates.

Comments

1. Turn Communism??? Really? Idiot.. Did You ever live in communism. I did. Never again.
2. usa only country who dunt own or print their own dollars. the evil zionists own the printers. they sell to usa there dollars and charge interest on top. israhell truly own usa. traitor u.s politicians gave away there own money printers. the israhell can make any amount they want. and can makw up any interest rate too. whose ever heard of a country having to buy with interest there own money from a tiny illegal states company. thats just one scam the zionists do in usa. and who still thinks usa gives 4 billion a year in aid no more. usa free my arse
3. if each people are productive and at least produce enought to feed it self, i think we are OK. We can now make all things automatic/autopilot. Food and water can be easily produce. We soon do not need money if we know what we produce in the future will be justly be given to us; so all will work productively/industriously. We work productively/industriously/justly/lovingly/happily/Christlike. Then all is solved.
4. lol, this is such nonsense. Taxes don't need to rise, they just need to collect them off the rich. There won't be riots if they do, just that politicians will get fewer backhanders.
   
   Also if they did not spend so much on the needless wars they go to for the rich, then they would save trillions.
   
   There are plenty of solutions, just that those solutions do not suit the powerful.
5. this is such bull shit! and a scam! money is a hoax!!! debt is mental slavery !!!!
6. to fucked whom!????
7. oh, the debt now 20 trillion...
8. Everybody just needs to withdraw their money at the same exact time and kill the fed
9. The solution Start a world war and what ever is left over can start again.
10. If the government prints money and the value of the dollar decreases then doesn't his debt also become less expensive and don't american companies become more competitive?
11. We need a currency that has a pre-determined final circulation! We need someone to produce a currency that we know for sure there will never be more than say... 21 million units of and it's governed by the people of the world! Lets call it Bitcoin
12. As of the end of 2016 it's 20 Trillion. Thanks Obama.
13. In my own stupidity over a period of decades I have purchased so much "stuff" that I did not need or make me happy. I am in the process now of selling off stuff for pennies on the dollar and giving away or throwing it away. I am also in the process of selling my condo which is way more than I need and is costing me an arm and a leg compare to renting a cheap apartment. Once I sell it I will be completely debt free with some left over. It is my hope that some young person reads this and learns from my bad choices. Learn to live below your means and save for a raining day. I just hope the the money saved is not destroyed by inflation because of a government that creates money out of thin air and cannot live within its means.
14. still nothing :)
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16. What a load of CRAP. Pure, unadulterated CRAP!! Please stop listening to this garbage. This is Pete Peterson propaganda designed to keep you ignorant and powerless. Google Modern Monetary Theory or watch my playlist Understanding Modern Monetary Theory (MMT).
17. It sounds like a prophesy ready to be fulfilled by the bible in the book Revelations. Type in "Revelations financial crisis" or a variation of it in google search bar. Read the prophetic statement more relevant than ever for the modern day brought by a book near 2 millennium in age.
18. Damn You Uncle Sam!
19. It's the same with normal people .. why do you live over your standards? Just spend as much as you have .. and if you want bigger things then save money for the future .. micro and macro are in the system the same
20. The sad thing about all of this is the answers, hard as they may be, are not a mystery but will never be realized because it is up to politicians to implement them. It would be political suicide for any politician to solve these problems.
    
    Notice I said Politicians and not Democrat or Republican Politicians. The answers to our financial woes and the inability to solve them is not a ideological problem. It is a problem with the way our system and power in general works.
    
    The US has a spending problem. Period. But only one side wants to cut spending and they only want to cut programs to address spending. Good ideas like cost control are not politically safe for them so get ignored and shot down. Allowing the VA to take bids for drugs for instance. Would you purposely pay more to heat your house or shop around for the best price? Would your company pay more for supplies without looking for a lower cost supplier or bartering for a better price? Ideology stands in the way of the whole answer.
    
    The US also has an income problem. Period. Decades of tax cuts, mostly to the wealthy, have left the coffers dry. Add to that loopholes that allow US corporations to shuffle their earnings around the globe and legally avoid US taxes and you get what we have now. If you owned apartment buildings, would you lower everyone's rent to the point you could no longer pay the mortgage on your properties? Would you lower your own salary to the point you could no longer pay your bills? Ideology stands in the way of the whole answer.
    
    The answers to these problems are beyond the abilities of those entrusted to solve them. Period.
    
    Ideology stands in the way of the answers.