Alexis and Dean
Region: US
Tuesday 25 June 2024 16:19:36 GMT
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well.travelled :
cutting spending would help if they actually used it to pay off the debt
2024-06-25 16:43:56
169
Eddie :
Dean for president!
2024-07-01 04:35:25
32
taylorrjohnsonn :
If a credit card is giving me not actual benifits like other cards would should I just close it after I pay it off?
2024-06-26 06:05:06
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LnMsmum :
Really appreciate the duality of that answer!
2024-07-01 12:24:54
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user7393461399038 :
Debt is damn near unlimited at this point as long as the US is the world’s reserve currency. Will greed run it into the ground is another question. US is still a young empire in all regards…
2024-06-26 03:06:07
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safetynotice :
Problem is that presidents serve 4 years, maybe 8 if they’re lucky. There’s no incentive for them to manage debt as this problem can always get kicked down the road to the next president.
2024-06-25 23:58:11
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SummerChris :
finally this is the guy who understand debts in America. Its just a bunch of numbers, the main point of US are activities of innovation.
2024-06-25 23:49:51
23
SpaceGhost1105 :
It’s at 890 billion,how much more out of hand can it get 😂
2024-06-26 04:31:11
22
Hollie Contrearas :
Not true. The appetite for US Treasuries in dwindling. We are not able to sell enough Bonds to fund the interest payments, so we print more money to pay the interest. Not a good thing.
2024-06-29 03:37:33
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velcroprojector :
growing out of the debt requires GDP growth to increase faster than debt growth, and that's just not happening
2024-06-25 17:27:21
18
MAC5605 :
what are Dean's thoughts on the world moving off the USDollar?
2024-06-25 17:11:26
17
suhaylrouagRE :
it's not 890B more like 1.05T but will end up closer to 1.15T and no there isn't strong demand for treasuries. auctions have not been good on the long end.
2024-06-26 00:31:42
17
madoak201 :
I learn so much from him. Thank you!
2024-06-26 12:24:15
16
Roo :
They are doing something about it. They are cutting cc limits in half
2024-06-27 02:00:07
14
dowj0nes🇺🇲🇺🇲 :
US fico score sub prime lol
2024-06-25 18:40:18
13
B :
Dean needs to say chiwiwis 😭
2024-06-25 22:42:49
13
goodforyou :
So I’m curious so if all the major companies that are not paying their fair share of taxes, would that solve most of this?
2024-06-25 21:13:02
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Shane Middleby :
Great take. Would add that while combating inflation we had to increase interest rates which increase the cost of our debt. If rates go down to lowest rates it won’t be this high of a number.
2024-06-25 20:35:44
12
chadford91 :
GDP must outpace the interest. We are dangerously close to that no long being the case.
2024-06-30 15:13:18
12
melgonz11 :
So if GDP falls by even a small %, the payments would be an issue.
2024-07-08 22:07:36
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Carl Gill77 :
you can't borrow to create more money, that's circler
2024-06-25 20:09:50
8
Cellan Williams471 :
Paying interest to who?
2024-06-26 12:12:35
8
Craig F :
creating more revenue doesn't mean the government can spend more, and yet they do
2024-06-25 23:49:03
8
Calvin Luttrell :
All we see is more onlyfans and homeless people
2024-06-25 19:24:33
7
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