News: WARNING: Odds Of US Government Default Just Skyrocketed!!
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 26 April 2023
⏱️ 17 minutes
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| 0:00.0 | Hello fellow rebel capitalists hope you're well so I don't know if you saw that chart on the thumbnail |
| 0:06.8 | But this is completely mind-blowing the odds of the United States government defaulting on their debt have gone parabolic, |
| 0:19.4 | skyrocketed. |
| 0:20.4 | Now, I may have a little bit different view on this than most. So let's get right into this article and check out exactly what's going on, not just with the United States potentially defaulting on their debt, but all of the economic |
| 0:37.3 | data that is now flooding into the market that is pointing directly at a recession, |
| 0:44.9 | if not worse, in 2023, |
| 0:48.0 | maybe the beginning of 2024. |
| 0:50.7 | But before we check out these charts, I want to remind everyone to go to rebel capital slide.com. |
| 0:55.4 | Get your tickets to rebel capital slive ASAP. Boy, boy, boy, got some great speakers. |
| 1:01.0 | Got some celebrity VIP guests like Tracy Schuckart, |
| 1:05.6 | uneducated economists Steve Van Meter, |
| 1:09.6 | Robert Kiyasaki. |
| 1:11.4 | We got speakers like Mike Melanie Peter Schiff, Lynn Alden, Jeff Snyder, Brent Johnson, just name a few, and this guy. I don't know who let him in, but yours truly will be speaking there as well. So you got to get your tickets to rebel |
| 1:23.9 | capitalists live ASAP okay let's get into this article because this is just I mean |
| 1:30.3 | shocking to say the least so this is is credit default swaps. You guys know what these are from watching my channel. This is basically the price of insurance against something happening, right? |
| 1:42.7 | So the last time we were talking about this |
| 1:45.0 | was with Credit Suisse, when the CDS, |
| 1:48.4 | the insurance against their default |
| 1:51.0 | was skyrocketing in price. |
| 1:52.8 | In fact, the chart looked very similar to this. |
| 1:55.0 | Now we're seeing the exact same thing happen, |
| 1:57.6 | but not with a bank, but with the United States government. |
... |
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