‘THE CRISIS WILL COME’: US ‘debt bomb’ weighs on 2024 election, says Forbes



Forbes Chairman and Editor-in-Chief Steve Forbes discusses JPMorgan labeling the country’s debt a ‘boiling frog’ situation for the economy.

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25 comments

  1. Big ups and big love for the awesome daily content.
    Because inflation devalues your savings, it compels everyone to be an investor. Meaning you need to preoccupy yourself or offload your time/energy to the study of investment opportunities both of which are very costly. Thanks to Alexander Walter for showing me the appropriate way to get into bitcoin investing and trading with his trade signal and investing guidelines. Investing and trading are more than just having TA skills. There is a big component of discipline and emotional maturity, that one has to work on! Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path with Christopher Alexander Walter

  2. So, GLAD I can REASON this out to be a bunch of…

    people with little interest in FACTS…

    Having an OPINION is a RIGHT… it DOES NOT make it TRUE… and that goes for ANYONE with one… includes ME.

    It’s important to note that these are generalizations and NOt ALL wealthy individuals exhibit GOOd traits… and NOt ALL poor individuals exhibit BAd traits… which MAY explain why SIMPLE problems are so HARD to SOLVE.

    If a individual would pay IN FULL their TAX RATE responsibility as a percentage of INCOME…

    (Without a TAX BREAK)

    TAX BREAKS (lowering tax rates as a percentage of income)… LOwers the REVENUE to pay DEBT… Those that RECEIVE these TAX BREAKS are the FIRST of say :

    "WE HAVE TOO MUCH NAtional dEBT?" Not THE bRIGHTESt of oUR bUNCH????

    TAX BREAKS are a FAILURE to pay NATIONAl dEBT.

    TAXES are NEEDED for paying DEBT… SERVICES our Government has ALREADY PAID individuals that get BREAKS unconditionally…

    What needs to happen is that TAX BREAKS… need to be conditioned… with a mandatory COMMUNITY Works Program like some WELFARE have to do to receive SERVICES from their STATES or OUR government.

  3. Great content and I thank you for breaking it down!! Even in the current crypto dip, I'm happy I can smile back at my portfolio of $56,700 made from my weekly trade within a short period.💯💯💯

  4. Nice knowing the old America. Welcome New America with drugs and diseases and poverty.

  5. When you have nothing but corrupt and inept sociopaths striving for nothing other than to line their own pockets at the expense of any wealth the american people could have, no fkn sh!t

  6. The concern is that we have a citizenry that voted for two socialists in Obama and Biden. This is what you get when you have citizens that have no clue about the fact that Obama was a communist that indoctrinated Biden.

  7. Two things: 1 – Trump racked up more national debt during his presidency without a global pandemic on his hands, than Biden has with a global pandemic on his hands… 2 – Conservatives and various pundits have been prophesying an impending recession for 3 years now…

  8. blinken and the isreal lobby r the biggest terrorists blinkin is deluded the world knows he is a criminal a liar. Isreal lobby dont want trump because he wanted peace and a 2 state solution in palestine he cares about USA and did not want to send money to other countries its time american people woke up and got the isreali lobby out of america they r destroying USA. Isreal is robbing USA

  9. Please dont eat your neighbor

  10. Babayaran po natin lahat soon fed at sana magka ayos lahat nang man and woman in uniform para dito. Kayapls aysin federation para sa mga tao need nila trabaho. Kaya ko gustong mapasok lahat

  11. Babalik po kayo sa dati. Babagsak at baon sa utang ang china kaya aftr nito ang bansa nito ang pasukin ko pati Russia. I tk over po nang federation ang mga malalakinv componey atitutuloy federal military to federal local military management

  12. Deep State Biden Horrible Economy 🙁

  13. Deep State Biden Horrible Economy 🙁

  14. taxes are gonna make things worse??

  15. Theres yet another unimportant news topic

  16. I wish Steve would get back in it. He would make a great Presidential candidate. Of a VP selection.

  17. We can Thank you who, where! the left Democrats for this hot situation😢

  18. And Trump added over $7 TRILLION to our debt. What a "great" businessman! That's one reason why Americans FIRED Trump in 2020.

  19. Printing money to improve illegal immigrants lives but the tax paying citizens are suffering with the consequences of this failed Brandon administration

  20. 20% of the TOTAL National Debt occurred DURING THE TRUMP PRESIDENCY.
    It went down the first two years of the Biden Presidency and up last year but no where near as much as during Trump. Google it

  21. Yet billions have been sent to Israel every year. Israelis has a universal healthcare system, but there's none in the US

  22. Goodbye dollar, say hello to BRICS! 😂😂