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CNA Explains: What is the US debt ceiling and what will happen if the limit is not raised?

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CNA

CNA

Күн бұрын

Пікірлер: 243
@lowify1
@lowify1 Жыл бұрын
Cut defense budget and stop nosing in everyone business
@ckokloong
@ckokloong Жыл бұрын
US will cut funding on school and road before defense budget
@oceanwave4502
@oceanwave4502 Жыл бұрын
Still, $850 billion defense budget PER YEAR, as well as billions for Ukraine (fueling instead of negotiating for peace).
@ttkoh123
@ttkoh123 Жыл бұрын
Hegemony and Its Perils I. Political Hegemony-Throwing Its Weight Around II. Military Hegemony-Wanton Use of Force  III. Economic Hegemony-Looting and Exploitation IV. Technological Hegemony-Monopoly and Suppression V. Cultural Hegemony-Spreading False Narratives
@Justsaying-cg2nz
@Justsaying-cg2nz Жыл бұрын
Are you pointing at yourself?
@piyushjaiswal9283
@piyushjaiswal9283 Жыл бұрын
​@@Justsaying-cg2nzjewnited states , i mean United states.
@danieljackson212
@danieljackson212 Жыл бұрын
I’m favored ,$121k every 4weeks! I can now afford anything and also support God’s work and the church
@lisapatricia1712
@lisapatricia1712 Жыл бұрын
Quite impressive but how!!?know it’s possible, my colleague at work got her first investment return of $35k after two weeks and she quit the job, I would appreciate if you show me how to go about it...
@gainesbrian1052
@gainesbrian1052 Жыл бұрын
Yeah ,180k monthly profits! thanks and God bless Mr Thomas George trading services.God gave me vision about him!!
@stanleymendoza3696
@stanleymendoza3696 Жыл бұрын
It sounds good , hope you wouldn’t mind to tell me how to go about profiting that much just like you do?
@cadenjames2568
@cadenjames2568 Жыл бұрын
I’ve been hearing lots of good things about trading & investments with Mr Thomas George and how good he is and how he keeps changing lives of his clients around the world...
@frankhulsen5552
@frankhulsen5552 Жыл бұрын
I’m successful today thanks to Mr Thomas George
@judas57650
@judas57650 Жыл бұрын
I think its quite obvious US is not repaying those debts😅
@mintrendsan1819
@mintrendsan1819 Жыл бұрын
How you expect a beggar to pay back all the money
@kimchiba4570
@kimchiba4570 Жыл бұрын
I hope they dun ..that will accelerate their downfall..a good thing for the rest of the world
@judas57650
@judas57650 Жыл бұрын
@@kimchiba4570 they will. as in they will keep increase the debt celling, and it mean all they repaying is the interest, its already inpossible for US to repay all its debt.
@cheemengsiew288
@cheemengsiew288 Жыл бұрын
No problem Just raised the ceiling I definitely Till all countries stop usd and treasury bonds
@andrewchew29
@andrewchew29 Жыл бұрын
0$P$ 🎈🎈🎈🎈
@Saiyajin47621
@Saiyajin47621 Жыл бұрын
This is the sure way to go when others are way more destructive
@piyushjaiswal9283
@piyushjaiswal9283 Жыл бұрын
​@@Saiyajin47621other countries are planning to abandon US dollar all of a sudden
@Saiyajin47621
@Saiyajin47621 Жыл бұрын
@@piyushjaiswal9283 that’s good news. I’ve predicted that the fed will raise the debt ceiling because it’s the easier way out. Then BRICS will use this opportunity to de dollar. What will happen after this is inflation will rocket 🚀
@davidnelson3026
@davidnelson3026 Жыл бұрын
They really Messed up this time.
@user-kw7xk5hj4f
@user-kw7xk5hj4f Жыл бұрын
Can they borrow money from Ukraine?😊
@s.sadewniperera8738
@s.sadewniperera8738 Жыл бұрын
Ukrain laugh at the corner 😂
@mintrendsan1819
@mintrendsan1819 Жыл бұрын
You will be surprised when Zelensky can offer a huge loan to US from money given to them from US.
@user-ry2qs7xf9k
@user-ry2qs7xf9k Жыл бұрын
yes.
@angxiang3186
@angxiang3186 Жыл бұрын
Can you always raise the debt ceiling to alleviate US abuses of monies spending??? Something has got to give way in the long run.
@deschan2246
@deschan2246 Жыл бұрын
Wumao 9
@kaimanyu586
@kaimanyu586 Жыл бұрын
Yes, the US is a big joke!
@Anthony_Aú.GreenParty
@Anthony_Aú.GreenParty Жыл бұрын
The spending House Republicans refuse to pay for was passed into law last year by Congress.
@djtan3313
@djtan3313 Жыл бұрын
Nothing will happen as long as none of us r willing to call out that d emperor is naked…
@angxiang3186
@angxiang3186 Жыл бұрын
@vfbos Like petrodollars being replaced n dumped. USD will shrink in value n the world dump the more printed debt money. US inflation will rise ~ there will never be a recovery from an over expanded spending. The world will seek a more stable currency.
@kamwaichan8048
@kamwaichan8048 Жыл бұрын
According to US history, the debt ceiling has been rising for 68 years over and is not going to stop. As long as it keeps playing as a world police force in the world 😂😂😂😂😂
@hotbird3
@hotbird3 Жыл бұрын
because they borrow usd and then print it the same time
@WeAretheWorld89
@WeAretheWorld89 Жыл бұрын
Raising ceiling will help? Who is buying? Every body dumping. Maybe NATO should buy all US bonds And Japan don't dumb and runaway. This is not what friends are for.
@ekleong8
@ekleong8 Жыл бұрын
Wayang wayang to make himself as hero or savior!
@fbe778
@fbe778 Жыл бұрын
As world superpower and yet in bankruptcy, I am so confused 😮
@deschan2246
@deschan2246 Жыл бұрын
😂 its good to be ignorant
@Anthony_Aú.GreenParty
@Anthony_Aú.GreenParty Жыл бұрын
We have a rogue faction in our government. They're called The Freedom Caucus.
@s.sadewniperera8738
@s.sadewniperera8738 Жыл бұрын
Ukrain laugh at the corner 😂😂
@mintrendsan1819
@mintrendsan1819 Жыл бұрын
The new term is "Bankruptically Superpowered" 😁😁
@kimchiba4570
@kimchiba4570 Жыл бұрын
Asimple analogy ...usa is like a 4th generation spoilt brat who parties and womanises using old money cos family assets still substantial and reputation still good enough to assuage creditors they are good on their outstanding debts. So spoilt brats max out 1 credit card after another and continue the spending spree. But once the house of cards start tumbling down..... Popcorn time
@wulung5943
@wulung5943 Жыл бұрын
The problem is the debt and not the ceiling. The interest is already about U$1.7 TRILLION annually
@deschan2246
@deschan2246 Жыл бұрын
Y r u worrying? Ccp China is not any better !!!😂
@wulung5943
@wulung5943 Жыл бұрын
@@deschan2246 😂😂🤣🤣😄😄😆😆😊😊😋😋
@andrewchew29
@andrewchew29 Жыл бұрын
​@@deschan22460$P$. 🎈🎈🎈
@deschan2246
@deschan2246 Жыл бұрын
​@@wulung5943 sb laughing?😂
@wulung5943
@wulung5943 Жыл бұрын
@@deschan2246 yeah 🤣at you
@CarlRoberts-ji8mw
@CarlRoberts-ji8mw Жыл бұрын
America to lease. A state in the u s a for 200 years. To pay. Off its debths❤❤
@mintrendsan1819
@mintrendsan1819 Жыл бұрын
Should be 2. One least it China and the other to Russia
@apark8787
@apark8787 Жыл бұрын
What do you call a ceiling that's always raised?Just get rid of it then
@wangjim5839
@wangjim5839 Жыл бұрын
When the ceiling can be raised again and again, there's no ceiling actually!
@bryanleong5939
@bryanleong5939 Жыл бұрын
You got to have people who are willing to borrow the money. It gets harder everytime it gets higher.
@cholesterol804
@cholesterol804 Жыл бұрын
What ceiling? Theres no ceiling.
@angatheart
@angatheart Жыл бұрын
One thing that nobody tells you. Why are we in severe inflation? Simply cos there is this country that has been given permission to print money like nobody's business.
@mintrendsan1819
@mintrendsan1819 Жыл бұрын
All the countries of this whole planet earth already knew this "since time immemorial"
@Andtewt
@Andtewt Жыл бұрын
How the west was lost, lesson 101.
@samking9607
@samking9607 Жыл бұрын
If we do default we should replace all Congress and house including the president
@nicklee7002
@nicklee7002 Жыл бұрын
Decouple from the dollar to insulate from it; but then China will be laughing and would fill the gap.
@deschan2246
@deschan2246 Жыл бұрын
Yr comment tell me u r clueless on currency knowledge😂
@waynegore5291
@waynegore5291 Жыл бұрын
Us debt ceiling is a joke.
@deschan2246
@deschan2246 Жыл бұрын
Only to ignorant
@djtan3313
@djtan3313 Жыл бұрын
Joke’s on u tho…
@waynegore5291
@waynegore5291 Жыл бұрын
Joke on everyone else, but not Americans, that's the beauty.
@louistan7560
@louistan7560 Жыл бұрын
Why waste listeners' time. The debt ceiling will be raised. No US politician would want to take responsibility for doing what is right
@mintrendsan1819
@mintrendsan1819 Жыл бұрын
Debt ceiling raised or not, the Treasury is already printing US$ at hypersonic speed.
@emmanuelgargar1924
@emmanuelgargar1924 Жыл бұрын
Empires rise and fall but in different degree of speed and height. Seem this time it will be painful.
@devildevil2271
@devildevil2271 Жыл бұрын
Is US begging Chinese for help 😂😂
@deschan2246
@deschan2246 Жыл бұрын
😂
@s.sadewniperera8738
@s.sadewniperera8738 Жыл бұрын
​@@deschan2246 usa debt for china😅
@mintrendsan1819
@mintrendsan1819 Жыл бұрын
Think they will sanction China if China don't donate money to them. They need money for their military to protect Taiwan by using money donated by China.
@ttkoh123
@ttkoh123 Жыл бұрын
As I was saying, Bases everywhere and then come July default in payment and then continue to print money. No wonder people are now trading in other currency.
@mugentsukuyomi3326
@mugentsukuyomi3326 Жыл бұрын
US military and space fund should stop for a year
@mssv19123
@mssv19123 Жыл бұрын
Singapore government suddenly spike in buying large amount of gold.....
@befit9493
@befit9493 Жыл бұрын
Ang Mo talk and talk no action so no surprise they are in shxt themselves.
@francischay8015
@francischay8015 Жыл бұрын
They will just print more money even interest rate is high now. Does impact them printing more, like a teenager with a credit card
@KO12881
@KO12881 Жыл бұрын
It is happening every years almost. All but a show and tell and then it will be raised last min and that's another year for them.
@1jh963
@1jh963 Жыл бұрын
What heaven The sky is The limit If limit is cut
@samanthadouglas4959
@samanthadouglas4959 Жыл бұрын
If the us defaults on its debt will June 2023 social security payments stop altogether or just be delayed I am worried
@LabradoodleTofuBoy
@LabradoodleTofuBoy Жыл бұрын
Could we do this on our personal cc & get away with it (taking zero accountability)? Don't people get it? Nothing is free. We will pay for it somehow someway.
@WeAretheWorld89
@WeAretheWorld89 Жыл бұрын
Keep raising ceiling? Just remove the roof and ceilings. Problems solved.
@mintrendsan1819
@mintrendsan1819 Жыл бұрын
No ceiling means there will be no roof and rain, snow and hail stones will get in and hit the heads of all the congressmen, senators and the sleepy US president (biden)
@antihunter
@antihunter Жыл бұрын
Too big to fail ? US wont be succumbed by its own policy making but will make its sufferings globally felt through nations who hold significant US Dollars.
@onlinespecialpo8171
@onlinespecialpo8171 Жыл бұрын
I guarantee nothing is happen..31 trillions debt don't need to pay..cause they are above the law😝
@darlenerenick5763
@darlenerenick5763 Жыл бұрын
Tax the RICH
@hyuxion
@hyuxion Жыл бұрын
Every empire collapsed starting from fiscal bankruptcy.
@pennycoyote3855
@pennycoyote3855 Жыл бұрын
...want to fix the debt problem? TAX THE 1% MAKE THEM PAY THEIR FAIR SHARE. CHURCHES. OIL & GAS CORPORATIONS. FOR INSTANCE 😊
@goolooggg9005
@goolooggg9005 Жыл бұрын
Republicans should let this debt crisis collapse brandon regime right 😜
@Anthony_Aú.GreenParty
@Anthony_Aú.GreenParty Жыл бұрын
No.
@HeavenlyUmbreon
@HeavenlyUmbreon Жыл бұрын
is it set by people ? yes! are the people americans? yes! so oooo...... you got the answer just print more money and pile up until human cease to exist thank you
@happymelon7129
@happymelon7129 Жыл бұрын
Actually U$A is Printing money without ink. Only edit the number in the computer and world bank help them to do it. Further more use these money from the air to purchase our hard work products and resources. This is the actual cause of inflection go sky high world wide.
@keysglim
@keysglim Жыл бұрын
Don worry, US hav been training a country since 2018. A collapse of country may not be that deadly. Oopppsss in fact two country have been trained. Just like AI, u hav to slowing feed it w data n interfere, allow them to correct it. Then the collapse will not be that catastrophic. Eventually breaking the 'too big to fall'.
@philiptan2051
@philiptan2051 Жыл бұрын
The usa is on the brink of an financial abyss as the debt ceiling at 31.4 trillion US dollars has been reached already. The interest rate hike is only increasing the debt and causing treasury bonds to drop in value bringing many banks in peril as they incurred financial losses. The fact of the accelerating de-dollarization across the world is increasing the amount of the US dollar and thus the devaluation of the US dollar. Hyperinflation is looming and increasing interest rate will bring the inevitable collapse of the usa economy causing chaos and panic.
@deschan2246
@deschan2246 Жыл бұрын
Not happening. US is ok.
@philiptan2051
@philiptan2051 Жыл бұрын
@@deschan2246 good luck, retailers are already closing down stores and high tech industries laying off personnel.
@deschan2246
@deschan2246 Жыл бұрын
​@@philiptan2051 wat u hv commented is currently happening in ccp china.
@philiptan2051
@philiptan2051 Жыл бұрын
@@deschan2246 really? You must have been dreaming or just plain ignorant.🤣🤣🤣
@djtan3313
@djtan3313 Жыл бұрын
If we nvr call out d emperor is naked, then d emperor is always nicely dressed…
@s.sadewniperera8738
@s.sadewniperera8738 Жыл бұрын
Only one solution , ask ukrain for a loan 😊
@s.sadewniperera8738
@s.sadewniperera8738 Жыл бұрын
Instant KARMA❤....
@alannamichellepaulino8429
@alannamichellepaulino8429 Жыл бұрын
Warmt libing tre sosiate
@kenho-wr5ul2rh7m
@kenho-wr5ul2rh7m Жыл бұрын
a ceiling that is not actually ceiling they are cheating the world imagine ur neighbor draws some new "money" and starts buying off ur asset in ur house
@rajkumarvelupillai1447
@rajkumarvelupillai1447 Жыл бұрын
US is like a teenager with a credit card. 😢 #Reckless
@Floridawoodsbanshee
@Floridawoodsbanshee Жыл бұрын
Or junkie?
@Floridawoodsbanshee
@Floridawoodsbanshee Жыл бұрын
Or girls in a shoe store?
@jehanchia457
@jehanchia457 Жыл бұрын
When US govt do everything they have their own interest justification for it eventhough it was immoral, crime, double standard, draconian etc. Even when it comes to borrowing money they have nicely coined a word for it " debt ceiling". When other countries borrowing they US will label it debt traps.
@chris25979
@chris25979 Жыл бұрын
Just raise it to cover 60 more years to come.Future generation will figure how to deal with it,life to be lived is now,maybe the word shall have ended or space mining will be discovered, Americans will mine more minerals pay those debts.Wishing all Americans the best.
@mintrendsan1819
@mintrendsan1819 Жыл бұрын
Dream on....
@djtan3313
@djtan3313 Жыл бұрын
At this point, why even bother keeping an account of d numbers…?! Oh, to show some semblance of financial responsibility! Of cos!
@ekleong8
@ekleong8 Жыл бұрын
1.5 trillion can last how many months!!!
@takamadson
@takamadson Жыл бұрын
Full retirement benefits kick in at age 95
@musterseeds1778
@musterseeds1778 Жыл бұрын
Free print free money for so long just like addiction free print money out of thin air...
@zopaseah4982
@zopaseah4982 Жыл бұрын
Yes, no problem. Old uncle sam just need to bring more dollar, n it wont cost the taxpayers a cent. Debt ceiling is meaningless when the ceiling keep moving up.
@anglo-saxonconnor817
@anglo-saxonconnor817 Жыл бұрын
The US debt ceiling is a legal limit on the amount of debt that the US government is authorized to borrow to meet its financial obligations. The debt ceiling is set by Congress and is intended to prevent the government from accumulating too much debt and risking a default on its debt obligations. If the US government reaches the debt ceiling and Congress does not vote to increase it, the government would be unable to borrow any more money to fund its operations and pay its bills. This could lead to a situation where the government would be unable to meet its financial obligations, including paying its debts, Social Security benefits, and salaries of federal employees. If the debt ceiling is not raised, the government would be forced to prioritize its spending, which would likely lead to cuts in essential programs and services. In addition, if the US government were to default on its debt obligations, it could have serious consequences for the US and global economy. It could cause interest rates to rise, make it more difficult for the US to borrow in the future, and potentially lead to a recession or even a global financial crisis.
@wangjim5839
@wangjim5839 Жыл бұрын
They will just turn on the printing machine to churn out the billions$$$.
@smalllun1559
@smalllun1559 Жыл бұрын
which is why most country should dump their dollar now as the risk goes on..
@kongthai..
@kongthai.. Жыл бұрын
Elizabeth Neo is so cute 😍
@berkit1
@berkit1 Жыл бұрын
Elisabeth is not only a cutie she speaks sense
@djtan3313
@djtan3313 Жыл бұрын
America will never do d right thing. I’ld wish they grow a pair & not raise d debt ceiling!
@gabrielehalley8533
@gabrielehalley8533 Жыл бұрын
Why don't we report real truth this is all about switching over to a digital currency system
@alannamichellepaulino8429
@alannamichellepaulino8429 Жыл бұрын
Biden debtcasa blanca horden corte legal someting
@alannamichellepaulino8429
@alannamichellepaulino8429 Жыл бұрын
Warmt libing tre sosiate 2 miyone beyculo anual
@gabrielehalley8533
@gabrielehalley8533 Жыл бұрын
Another phase of mikovits really is
@jentorninos.ballen9269
@jentorninos.ballen9269 Жыл бұрын
Pang sari Buhay sinira ka sa walang kadahilanan PAG sira Sayo sa buhay mo
@djtan3313
@djtan3313 Жыл бұрын
A billionaire dithers whether he should buy d myvi or d lambo… It’s all a dog & pony show. To fool u into thinking that america has financial probity. Wats a debt ceiling when one has d power to print money…?
@deschan2246
@deschan2246 Жыл бұрын
US debt ceiling is much higher than you think, as long as it maintains it world superpower n technology status. No worries !
@kaimanyu586
@kaimanyu586 Жыл бұрын
Except, according to ASPI, Australian think tank who hates China very much, just like you, China is leader in 90% of the 44 essential technologies. Go look up their report.. Also the whole world is de dollarizing from south America to Africa, to Islamic nations. Brics is very busy cutting out the dollar and Brics just got 19 new applications.. Everybody wants to get rid of the dollar.. I don't know on what planet you are living. But you better start worrying, because the US/West is in for some very bad times, 75% of the world is sick and tired of the West.. And people like you will be rembered as the traitors who supported the losers in the West.. The West is a sinking ship, buddy, they are hated by everyone..
@angatheart
@angatheart Жыл бұрын
Wow so says the doggie. Woof woof!
@mintrendsan1819
@mintrendsan1819 Жыл бұрын
How to avoid hitting the ceiling? Looks like the only solution is for the US to have more wars and invasions to loot all the resources of weaker countries. If it is classified as US daylight robbery; so what?
@Floridawoodsbanshee
@Floridawoodsbanshee Жыл бұрын
I'm very worried
@robertbolton9450
@robertbolton9450 Жыл бұрын
African women on ssi panhandle wine from cauccassin
@deschan2246
@deschan2246 Жыл бұрын
US is ok, no worries.
@andrewchew29
@andrewchew29 Жыл бұрын
0$P$ 🎈🎈🎈
@paulmartin8299
@paulmartin8299 Жыл бұрын
Good dog. Take your 50 cents reward from the congress. Obviously its not ok. The EU has once prescribed austerity to Greece and Iceland for the same issue. Its time for the USA to be responsible with its spending. The ceiling is not the problem, they way the government spend debt financing is.
@hapemokenela7388
@hapemokenela7388 Жыл бұрын
No, its far from OK.
@bell-xk5dd
@bell-xk5dd Жыл бұрын
Only a licking worm will say that US is ok...
@INTJ791
@INTJ791 Жыл бұрын
It's okay because when government print money to pay debt, it's also affect other country who use dollar as reserve currency, when Asia leave dollar as reserve and transaction, hyper inflation will be a possibility
@robertbolton9450
@robertbolton9450 Жыл бұрын
African women on ssi panhandle slim jims from cauccasians
@robertbolton9450
@robertbolton9450 Жыл бұрын
Satan accuser deciever profile angle of light.
@robertbolton9450
@robertbolton9450 Жыл бұрын
African women on ssi panhandle cacassians for dinner
@user-jn3cr7mm3d
@user-jn3cr7mm3d Жыл бұрын
💪🗽📚🇺🇲🌏
@deschan2246
@deschan2246 Жыл бұрын
CNA should do a similar report on Singapore Debt status !!! Singapore debt is among the highest ( percentage of GDP.) Government keep drawing reserves, Selling Singapore Assets, Delayed CPF payment, lost in overseas investments , MAS reported 7.4billion lost, wrong investment, GST 9%hikes. Singapore debt situation could be more worrying than US. Who knows?
@ckokloong
@ckokloong Жыл бұрын
Singapore is net creditor country. She borrows to fund infrastructure project. Credit rating is a solid AAA.
@deschan2246
@deschan2246 Жыл бұрын
​@@ckokloong what does a ditcher knows?
@deschan2246
@deschan2246 Жыл бұрын
​@@ckokloongits funny when ditcher turn cuckoo bird !😂
@kongthai..
@kongthai.. Жыл бұрын
No problem, Singapore debt. US debt also no problem. Just slash spending on their obsolete navy and airforce. 🤣
@kongthai..
@kongthai.. Жыл бұрын
​@@ckokloong IFC does not worry about trade balance. Forex spent gets redeposit back into it. 🤣
@hengpohsee
@hengpohsee Жыл бұрын
Blame trump and indurrection
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