Economist warns US sitting on a ‘powder keg of debt’ that’s ready to explode



NatAlliance Securities global fixed income head Andy Brenner and podcast host Peter Schiff analyze Fed Chair Jerome Powell’s decision to raise interest rates again on ‘The Claman Countdown.’ #foxbusiness #clamancountdown

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33 comments

  1. I'm so happy I made the best decisions by having a good investment, Recently I'm able to acquire my third house even as a single mom at 42 and I believe if things keep going well I would retire early..

  2. The government over $32 trillion debt, high interest rates. Still borrowing, printing and spending like drunken sailors while being flat broke. They are going to party till the end.

  3. T bills unless fed quits his actual jon then gold really really fast and quick

  4. Aww fuggk… peter shitts is a gloom n doomer… nobody listens to that idiot

  5. one guys uses facts, the other just wants us to believe, Peter is so right , the other guy is talking while sticking his head back under the sand it usually lives in

  6. I’m proud to say all thanks to Mr Robert Andrew I don’t care about the economic structure and situation of anywhere I decide to live

  7. We are in a recession!! They just won't admit it. Next stop is a depression!!!

  8. …as an investor the more they raise rates that gives me more money to spend from interest and dividends…thanks…

  9. The US is finished the US is going to struggle in the very near future, you can't thrive in temperatures of 50C to 60C bye bye US ⭕ 7, the US will DIE Rock Band Deep Purple Burn She said BURN ⭕ 7 ☀️🌡️🔥🐺🐷🐵🌚🤠💩🇺🇲💀☠️⚰️😫😁😵🤪😭😅🤣😜, the Devil Satan 8 is on The Seat of Power and the US will DIE

  10. Our greed & currency manipulation is closing in.

  11. Rocket scientists always have a mouth movement to keep their job.😅😅😅

  12. They failed to mention that they're switching us over to the digital. They want to do it on a Friday so nobody can pull their money…

  13. Uncertainty means worse before better

  14. Peter is always right you better get ready

  15. Landlords need to drop rent 35%. Corporate apartment complex increased rent to bring revenue to wait until they can sell their overpriced new construction. Even with high rent they might hope some will buy.

  16. The United States Government thinks that money growth Own trees.

  17. Imagine a world where Kissinger's Democrats deliberately wreck the economy in the last year of the Kid-sniffers FRAUD Presidency, and wreck it so bad, that they want a Republican to win, so the Republican can fix the problems the Dems caused, and then blame the Republican Presidency for criminal austerity, so the Dems can win back power to wreck it again.

  18. We have been warned for years yet every administration has added to it.

  19. i cant believe the FED has raised rates 11 times and the DOW is still over 35,000 amazing, every expert before the FED started raising rates said, well if % rates get to 2% (when they were 0%) the DOW will crash, the economy will collapse , like peter schiff etc… they all said this, yet here we are % rates are up every month , yet even with all this debt in the system all these derivatives, the DOW hasent even had a 10% correction, let alone a major crash, how high will rates have to go before the DOW finally has the big crash? 6% 8% 10%

  20. People relax, there working on a solution! Yes the dollar will be replaced and we will all survive it.

  21. I am so surprised savings bonds

  22. Why the heck are they talking about t bills? Why? Because they know what is coming. They just will not say it.

  23. The crash is coming. Thanks, good ol' Joe.

  24. the fall of the nation who claimed to be the great nation.

  25. The FED is NOT federal OR a reserve. It is a private euro bank that used to be called 'The Red Shield'.

  26. CBDC will solve ALL of the problems. Worship your New Lord, FEDNOW.

  27. How exactly did América get in to debt?

  28. We never needed the FED. Except for greedy people who were for the the Federal Reserve Banking Industry and they are the ones who might go broke!!!!!!

  29. Credit is for greedy people ;Wall Street is for greedy people So where is the self made MAN

  30. I think that credit is the worst thing that ever happened to our Economy!!!!!

  31. You’re not looking at reinvestment risks. Sure, 5%+ is nice, but when the Fed has to lower rates, are you going to put it back in 0.5% when it matures? Rates, in general, are higher than they’ve been for a long time. If you desire income, lock in these higher rates for 6-10 years.

  32. The economy will fail in September or October!