US debt is DANGEROUSLY high. Debt ceiling debacle is just BEGINNING

We get the debt ceiling and the consequences explained. So we just extended the debt ceiling for 2 months until December 2021. Problem solved right, just like it was solved in 2011 and 2013 when we had too much debt right? No. And it's MUCH worse than this. This thing could lead to a whole breakdown of United States as the leader of the free world and in this video you'll see why. We can print some money to solve that problem right? The credibility of the US dollar is now a joke. So the first two ways I mentioned, inflate it or default leads to problem number 2. Credibility crisis of US dollar. This is already the bigger problem right now. And guess what this debt ceiling debate is adding to it. They have decided what to do apart from avoid the problem. And, they also talked about this what, $1T dollar coin. Just a standard coin they could mint out of platinum, and then label it $1T. What a joke. And what a tragic loss of credibility. Starting off with Covid and the stimulus. We printed $3T for people to sit at home and watch netflix and day trade all day. Great. Those day traders? Yea they inflated the whole stock market so it just keeps going up. They celebrate because the printed money from Jay Powell made the market go up. And on top of that, they put all the printed money into literally joke stocks like Gamestop, AMC, Dogecoin and now Shiba Inu, a copycat of that original joke stock. It looks like the real joke is on us. Here's another one: the recent federal election. What a crapshow that turned out to be. It made the american system look like a joke. Then we add in Afghanistan, probably the biggest military embarrassment ever. So bad the BOJ started to talk about how much gold they had after basically decades of never mentioning it. They just mentioned their other dollar reserves. What does that say? Just for context, the only reason the world uses US dollars, is because the US won WW2 and with that, the right to use and enforce the US dollar for world trade through the Bretton Woods System. They run the system. The kids are celebrating because they made a couple of hundred bucks on gamestop. But guess what, your country is going down the toilet. Yes the stock market is going up. But this stock chart, is such a joke. And it's a reflection that your currency has lost it's value. But know this, every time you make a few hundred bucks on a memestock or joke crypto you are participating in the decline of your own freedom. So remember to tell everyone you know how much money you made when you do yeah. We had an unstable election. Enough said. The mail-in ballot system was a open point of contention, as well as the fact they literally banned a sitting president off Twitter. What sort of democracy is it? Afghanistan was the biggest joke. Don't think Afghanistan is an issue? Biggest military embarrassment ever. The reason why we use the US dollar is because the US effectively WON WW2, and proposed to use the US dollar as the world reserve currency. If you refuse to use the US dollar, for world trade… well look what happened to Iraq. Libya. The military, police comes in afterwards to enforce this US dollar. But when no one thinks the military can do anything, will they use the dollar. Japanese central bank talking about gold reserves they have. They never do that. Do we make any clothes? No china makes it. Do we make any electronics? No. China makes it. Do we manufacture anything no. China makes it. Technology? Oh they say, our innovation is so amazing. Yeah? It'll get us out of the hole. Well how come you can't even make computer chips in your country anymore. It's made in Asia now. Taiwan. Which is claimed by China. If China takes over Taiwan, which could be any day now, the US will have NO COMPUTER CHIP. NO COMPUTERS. Who's the tech leader now? Who's the innovation leader now? Without any computers? Anything we can do in tech, the Chinese will copy in a few months. Breaking the debt ceiling could have major consequences. Such as a 2008 global financial crisis style collapse and recession.