วีดีโอ

Middle income does not mean middle class. There used to be an aristocracy that owned everything and 90% of people were working class. Midde quintile wealth does not mean middle class.

You’re missing going and learning a trade a plumber or a master electrician can make what professionals make in a year well over $100,000 obviously you did not look at that as a possibility so you’re stuck where you are

The description of the "wealthy class" is pretty far off. A lifestyle of luxury and "multiple homes" is in no way typical for a group with a median wealth of 885,000 $ but rather of a small sub group of those.

Your net worth also depends on where you are relative to retirement. Being young and having $100K is a lot different from being retired with $100K.

college is a waste of time if you study something that doent increase your income potential(degree in lesbian dance theory for example :D ) or if you go to a college and have to drop out because the course was to difficult for you.

Well done. Thank you for sharing such important insights.

I'm characterized as "wealthy class" in this video but most definitely feel middle class. I have one modest home and decent cars (two Teslas) and we take one or two nice trips each year but that's it. No super cars and certainly not multiple homes. No debt is nice though.

winning the lottery wont turn a hooker into Paris Hilton!........or will it...

I'm rich!

“Your wealth explodes … And I mean that literally”. No. You don’t. You don’t mean that literally.

yeah.. no. I'm not waiting for 25 years. lets make it in 10 or 15 years

It's amusing how similar government debt is to a Ponzi scheme..

True that they are spending more Than they are taking in…you always pay attention to spending but do not focus these types of videos as to why it’s not taking it more money in. Maybe it’s due to the top 1% hordes 99% of the wealth?! Yet they want to scare you that they are going to take YOUR money so they don’t touch theirs.

Buy physical gold & silver folks! Keep the powder dry for the battle ahead.

I love the production quality of this video and that you speak with your own voice and not some AI speaker. Also no fillers in this just solid content all through!

If they taxed the rich the way they tax the poor then maybe it would help a little.

In my opinion they should not do the inflation trick you said at the end. I study Computer Science and according to Artificial Intelligence, if money holds its value rather than loses its value (a stable monetary environment) then that is good for business and investors and people looking to make money, who are the ones bringing in the tax revenue.

Well produced video your gonna break the bank with this channel

Lol. Video starts off by comparing the US to Sri Lanka. Debt growth with GDP. Unfortunately for you, my dear hyenas, nothing is going to happen with a dollar anytime soon.

one mechanism by which governments can generate wealth is by buying off undervalued companies in difficulties at low prices, build them up, and then sell them off, at high prices when highly profitable. This has to be done very carefully, but it should allow a company from being a burden requiring subsidies to become independent and generate high taxes

The "debt" has got out of hand because the "hegemon" has printed far far too many of the Greenback to fund enormously expensive wars, lately the one in Ukraine. China and other countries are selling off US bonds because they are losing confidence those debts can or ever be repaid.

This is NOT sustainable. We would have to go through a depression and start all over.

Money is not real to the liberals they think they can stamp a coin off worth 1 trillion with nothing behind it to show that's it's value is 1 trillion

How much of that debt is created out of NOTHING. Nobody bought those bonds, and if you look it up only 3-4 trillion has been purchased. It is just on some computer digitally, so why pay interest to the FED for nothing. I say bring back the National Bank (NO FED) and stop paying interest on that Debt, bring back the Geen Back ---only interest on that 3-4 trillion. You're going to have to do this within ten years because the national debt is going to reach 70 trillion. Maybe only pay 1% on it, if you want the FED. It is all a SHELL game.

The American debt traps its own citizens, great job 🎉🎉 let celebrate

Stop feeding the rich and the debt will stop

The democrats plan was to increase inflation so the debt would be worth less. Instead of cutting unnecessary spending into all these dumb programs they want to make our country worse. Hopefully if trump wins, we’ll cut our spending into crappy programs that are mostly just experiments that failed and stuck around too long.

maybe they can steal from africa

2 KEY METRICS THAT ARE NOT ACCOUNTED FOR IN THIS VIDEO The growing us population due to immigration And the growing world population Our factories 🏭 are not running at full speed, they can run faster, if the world population increases then buying will increase and us exports in both food and manufacturing will increase. Also America is one of the world's largest weapons exporters, so if their is any instability in the world entire countries will go into debt to obtain the necessary weapons from us for them to defend themselves. Europe took almost 100 years to pay off the world War 2 and reconstruction debt. The us dollar is backed by our 11 aircraft carriers and tens of thousands of airplanes ✈️ ability to bomb invading armies and guarantee peace for 100 years before the enemy rebuilds again and attempts something stupid.

United States is on the same path as Zimbabwe, Argentina, Venezuela, etc., which is eventual hyperinflation. The privilege of holding the world's reserve currency is now being questioned by a lot of countries. One of the BRICS nations objectives is to cut the US dollar out of trade with each other.

No, the rich are not getting richer they are buying up worthless debt bonds and claiming them to be assets when they are not. They must constantly buy back the debt they create to keep their system working.

Well, the millionaire government runs the government that can pay the debt with their millions

That government credit card should have been shut off a lone time ago

Please print more money and accelerate the process of de-dollarization.

For whatever reason, the US government is not even thinking about the debt. They just keep spending and keep cutting taxes. Its all politically motivated for the elections. It makes me wonder if the capitalist system is the best way for economy? Is there a better way? Perhaps a mix of capitalism and socialism.