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Cliff Notes: The U.S. is $31 Trillion in Debt · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 0:23
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 0:28
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 0:31
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 0:35
  Speaker 1: are here illegally, your next you will be fined nearly
• 0:39
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 0:43
  Speaker 1: never return. But if you register using our CBP home
• 0:46
  Speaker 1: app and leave now, you could be allowed to return legally.
• 0:50
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 0:55
  Speaker 1: border and families will be protected.
• 0:57
  Speaker 2: Sponsored by the United States Department of Homeland Security. Let's
• 1:00
  Speaker 2: talk about the death ceiling. So the death ceiling was raised,
• 1:05
  Speaker 2: and then are good. I'll be crying, y'all.
• 1:07
  Speaker 3: Bill Old Jannet Yellen has said that the ceiling is
• 1:12
  Speaker 3: probably going to run out first.
• 1:15
  Speaker 2: That was pretty quick.
• 1:16
  Speaker 3: What's the deal with this?
• 1:18
  Speaker 4: This usually happens and at the last minute they end
• 1:21
  Speaker 4: up raising it. But I am really concerned about our
• 1:27
  Speaker 4: country right now, how much that we have. Let me
• 1:29
  Speaker 4: go to the school real quick. If I go to
• 1:33
  Speaker 4: America's death clock, we are currently at one seven thirty
• 1:41
  Speaker 4: one point seven trillion. I mean, it's ninety four thousand
• 1:46
  Speaker 4: dollars per citizen, two hundred and forty thousand per taxpayer.
• 1:50
  Speaker 2: And I don't have the answer to how to fix this.
• 1:52
  Speaker 2: I don't.
• 1:53
  Speaker 4: I'm sure as always they'll raise the ceiling because of course,
• 1:57
  Speaker 4: going into an election, you can't have that kind of
• 2:00
  Speaker 4: debt looming over you.
• 2:02
  Speaker 2: It's not good for any candidate.
• 2:03
  Speaker 4: But I'm just when I look at the overall macro
• 2:07
  Speaker 4: picture for US, I mean, like the money the US
• 2:12
  Speaker 4: money supplies to like a thirteen week low. So like
• 2:16
  Speaker 4: even when I'm going to places now, they're not taking cash.
• 2:18
  Speaker 2: They have no coins available? Why coin shortage?
• 2:22
  Speaker 3: What?
• 2:23
  Speaker 2: Or are the coin stars?
• 2:24
  Speaker 3: Like?
• 2:25
  Speaker 4: It's amazing to see a transformation from just even three
• 2:28
  Speaker 4: years ago, prior to COVID, how much cash was available
• 2:31
  Speaker 4: versus how much is not available now. And then we
• 2:34
  Speaker 4: keep going to the debt while being a war and
• 2:36
  Speaker 4: we need new leadership across the board very fast. But
• 2:39
  Speaker 4: I do feel like this is a as everyone will
• 2:43
  Speaker 4: call it, like a great reset in real time, and
• 2:45
  Speaker 4: I don't think we'll be.
• 2:46
  Speaker 2: Able to go back from here.
• 2:47
  Speaker 3: Yeah, I feel like that always happens, right, It's a
• 2:49
  Speaker 3: continuous steam. The debt tailing is approach, and the debt
• 2:51
  Speaker 3: tails approaching, and we gotta raise it. It's uproar until like
• 2:55
  Speaker 3: the last minute, last raise, and it's like, oh it's
• 2:58
  Speaker 3: not enough. It's like the same theme over over and
• 3:01
  Speaker 3: over again. Yeah, nothing really changes though. Yeah, I guess
• 3:04
  Speaker 3: we shall mount into the situation. We shall, But the
• 3:06
  Speaker 3: real raise is silling.
• 3:08
  Speaker 4: I mean, the debt's going to continue to get hired
• 3:10
  Speaker 4: no matter what are and I.
• 3:12
  Speaker 2: Talked about this earlier with FRC.
• 3:15
  Speaker 4: So their debt alone ratio was one hundred and eleven percent,
• 3:18
  Speaker 4: so they had more loans out than.
• 3:20
  Speaker 2: They did ridiculous.
• 3:23
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• 4:01
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• 4:06
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• 4:07
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• 4:10
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• 5:13
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 5:17
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 5:21
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 5:25
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 5:29
  Speaker 1: some of the heinous migrant criminals caught because of President
• 5:33
  Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
• 5:37
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 5:41
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 5:45
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 5:48
  Speaker 1: are here illegally, your next you will be fined nearly
• 5:52
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 5:56
  Speaker 1: never return but if you register using our CBP home
• 6:00
  Speaker 1: app and leave now, you could be allowed to return legally.
• 6:04
  Speaker 1: Do what's right. Leave now. Under President Trump America's laws,
• 6:09
  Speaker 1: border and families will.
• 6:10
  Speaker 2: Be protected sponsored by the United States Department of Homeland Security.
• 6:13
  Speaker 4: Say capital coming in our debt ratio. Federal debt to
• 6:17
  Speaker 4: GDP ratio in two thousand was fifty eight percent. Now
• 6:20
  Speaker 4: it's one hundred and twenty. So our country's debt ratio
• 6:23
  Speaker 4: is worse than First then FCR, first Republic Bank. But everyone,
• 6:28
  Speaker 4: you conspiracy theorist Deontae, shut up, my boy, you do
• 6:32
  Speaker 4: not know this is my thoughts Ian red panded rebellion.
• 6:34
  Speaker 4: Oh you know what you talk about. I will be
• 6:37
  Speaker 4: at Citadel and JP Morgan later this week and Meta,
• 6:40
  Speaker 4: I'm telling you to us the answer to continue to
• 6:43
  Speaker 4: invest because even if let's say we come off the
• 6:44
  Speaker 4: American dollar, you will still have assets that you will
• 6:47
  Speaker 4: be able to use in another currency. But this is
• 6:50
  Speaker 4: scary for our debt ratio to be at in nineteen
• 6:53
  Speaker 4: sixty was at fifty two point nine, nineteen eighties at
• 6:55
  Speaker 4: thirty four percent, where at one hundred and twenty zero
• 6:58
  Speaker 4: point three five percent debt to GDP ratio, So how
• 7:02
  Speaker 4: much debt we have versus how much the country is making.
• 7:05
  Speaker 2: We're upside down. America's a mean stock might clip that.
• 7:09
  Speaker 3: Up, and nobody's coming to save us at all. In fact,
• 7:12
  Speaker 3: there was and we'll talk about this money next week,
• 7:13
  Speaker 3: there was more countries that are urging their citizens not.
• 7:16
  Speaker 2: To use the US dollars.
• 7:19
  Speaker 3: Yeah, well we'll add that to the to the segment
• 7:21
  Speaker 3: last week.
• 7:22
  Speaker 2: This is a big week. Though.
• 7:23
  Speaker 3: It's a big week, and we kind of spoke about
• 7:24
  Speaker 3: it before the show started. But the thread is going
• 7:28
  Speaker 3: to potentially raise rates. What's your thoughts on it's let's
• 7:32
  Speaker 3: give our number and we'll see what happens. I think
• 7:34
  Speaker 3: a quarter you think.
• 7:35
  Speaker 2: I'm with you. I think a quarter a quarter percent raised.
• 7:39
  Speaker 3: What are the impacts of that on the market, Let's
• 7:42
  Speaker 3: say this week, Oh.
• 7:44
  Speaker 2: Some stocks a slide down.
• 7:45
  Speaker 4: I mean, we'll talk about Apple lator, but I think
• 7:47
  Speaker 4: stocks are slides just a little bit. They keep saying
• 7:49
  Speaker 4: that they want to destroy the job market, and we
• 7:52
  Speaker 4: haven't gotten to where we need to be.
• 7:54
  Speaker 2: I wish they would just rip the band aid off
• 7:56
  Speaker 2: and at one time get to the number one we
• 7:58
  Speaker 2: need to get. I know that's not the best face policy.
• 8:00
  Speaker 2: I don't think.
• 8:03
  Speaker 4: Jerome's doing what he needs to do in order to
• 8:05
  Speaker 4: get us there. I know it's a tough place because
• 8:07
  Speaker 4: you're in between the rock and a hard place. But
• 8:08
  Speaker 4: I would rather have Brook the band aid off and
• 8:11
  Speaker 4: we recover from the numbers upposedly, like gradually, like die
• 8:14
  Speaker 4: from a thousand cards. My graduates from my school being
• 8:19
  Speaker 4: force back drop drop, Mike drop backdrop.
• 8:35
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 8:39
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 8:43
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 8:47
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 8:51
  Speaker 1: some of the heinous migrant criminals caught because of President
• 8:55
  Speaker 1: Donald J. Trump's leadership. I'm Christine Noman, the United States
• 8:58
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 9:03
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 9:07
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 9:10
  Speaker 1: are here illegally, your next you will be fine nearly
• 9:14
  Speaker 1: one thousand dollars a day, imprisoned and deported, you will
• 9:18
  Speaker 1: never return. But if you register using our CBP Home
• 9:22
  Speaker 1: app and leave now. You could be allowed to return legally.
• 9:26
  Speaker 1: Do what's right. Leave now. Under President Trump America's laws,
• 9:31
  Speaker 1: border and families will be protected.
• 9:33
  Speaker 2: Sponsored by the United States Department of Homeland Security,