[2023-07-09] America's Fiscal Death Spiral: Cut Spending, Raise Taxes, or Money Printing?

America's Fiscal Death Spiral: Cut Spending, Raise Taxes, or Money Printing? ft. Peter St Onge

Sunday, July 9, 2023 #Silversqueeze #crash #broke

In this video, Peter delves into an alarming new article that discusses America's current fiscal state. Charles Hugh Smith warns of a fiscal meteor that could trigger a financial collapse and social disorder, echoing Ray Dalio's similar prediction. The article argues that the deficit, fueled by uncontrollable spending and a compounding $32 trillion national debt, is spiraling out of control. Tax revenue would plummet with a potential recession looming, exacerbating the deficit even further.

Peter St Onge from @Profstonge has granted us permission to upload this video for our audience.

Peter's Twitter: https://twitter.com/profstonge?s=20

Peter's Substack: https://stonge.substack.com/

Twitter - https://twitter.com/WallStreetSilv

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DISCLAIMERS/TERMS/RULES:

► I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.

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