The U.S. deficit has surged to unprecedented levels, despite claims that the economy is thriving. This video breaks down the alarming trends in government spending, national debt, and the dollar’s declining global status. Learn why this unsustainable trajectory is leading toward a currency reset and what steps you can take today to protect your wealth and secure your financial future.

Chapters

00:00 Are We Already in an Economic Crisis?
00:38 The U.S. Deficit: 2024 vs. 50-Year Average
01:13 Hidden Crisis: Spending to Cover Up the Truth
02:18 The Alarming Cost of Interest on Debt
03:31 What Happens in the Next Crisis?
04:45 The Dollar’s Declining Global Reserve Status
06:24 Hyperinflation and the Currency Reset

Transcript

00:00 – 00:38
If we are not being lied to—if we’re truly not in an economic crisis—then why are we spending like we’re in one? Look at this chart with me because we’re going to dig into exactly what is going on and, more importantly, what is coming next. This chart shows the U.S. deficit as a percentage of GDP in years where unemployment was under 6%. For 2024, that percentage is 6.7%.

00:38 – 01:13
Over the past 50 years, significant deficit spending averaged 2.4%. Yet in 2024, the deficit has tripled that average, even though we are told the economy is robust, unemployment is low, and everything is fine. Something isn’t adding up. Why are we spending as if we’re in a crisis? Could it be that we’re already in one?

01:13 – 02:18
If we look at 2021, the numbers align with the messaging—we were told we’d spend a lot of money we didn’t have to keep the economy afloat. But in 2024, the same level of spending is occurring, despite assurances that the economy is fine. The 10-year projection for the deficit is 6.3% annually. Does this look sustainable to you? It is extremely concerning because this shows we are covering up a crisis that cannot continue for much longer.

02:18 – 03:31
On usdebtclock.org, we see that $1 trillion was spent on interest on debt in the last year alone. That’s more than the entire defense budget and two-thirds of Social Security and Medicare spending. This is why people are scared about retirement and the future—resources meant for Americans are being consumed by interest payments on debt.

03:31 – 04:45
Federal spending is over $7 trillion, yet tax revenue is just $5 trillion, creating a $2 trillion deficit. This adds to the national debt, devaluing the dollar further. What happens if a crisis like a commercial real estate collapse, banking liquidity crisis, or Petro-dollar collapse occurs? We’ll see unemployment rise, tax revenue fall, and spending increase. The deficit will spiral out of control.

04:45 – 06:24
The U.S. is projected to double its national debt in just eight years, reaching $40 trillion. This reckless spending is unsustainable, and our ability to do so relies on the dollar’s status as the global reserve currency. But that status is eroding. Countries are moving away from the dollar, as shown by the IMF: U.S. dollar reserves have dropped from 72% in 2000 to just 55% in 2023.

06:24 – 08:50
This trend is accelerating. Countries distrust the dollar due to U.S. overspending and the weaponization of the currency. This isn’t a single event; it’s a process leading to a currency reset. Every day, inflation eats away at the dollar’s value. Hyperinflation looms, culminating in a devaluation or reset of the dollar that leaves Americans holding worthless currency.

08:50 – 11:11
The longer you wait to act, the less purchasing power your dollars have. This is why I’ve chosen to protect myself with physical gold and silver, assets that have stood the test of time. Unlike fiat currency, they are a safe store of value, especially in times of financial uncertainty.

11:11 – 12:16
If you’re concerned about reckless government spending, inflation, and the possibility of a currency reset, we can help you prepare. Call us or click the link below to learn how our team can protect your financial future. I can personally attest to the peace of mind that comes from knowing my wealth is safeguarded outside of the system.

SOURCES:
https://x.com/KobeissiLetter/status/1874911037939454170/photo/1
https://www.usdebtclock.org/
https://www.imf.org/en/Blogs/Articles/2024/06/11/dollar-dominance-in-the-international-reserve-system-an-update