YOU'RE PAYING $34 TRILLION IN DEBT | Wallstreet Trapper (Trappin Tuesday's)
Trappin Tuesday's
Wallstreet Looks Like Us Now Network
4.9 β’ 2K Ratings
ποΈ 7 January 2024
β±οΈ 15 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
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| 0:00.0 | We're going to feel this, y'all. Today the United States has hit a $34 trillion debt. |
| 0:07.0 | There's a lot that got to happen now, y'all. There's a lot that got to happen now, y'all. |
| 0:10.0 | There's a lot that got to happen. I wrote some stuff down. |
| 0:12.0 | With the debt ceiling hitting $34 trillion, |
| 0:14.3 | the government now is in another battle for funding, Jose. |
| 0:19.2 | Right, which means in June we had it the first time, |
| 0:22.4 | they temporarily lifted the debt ceiling. |
| 0:26.0 | And since then, America has now went into more debt, which is expected, right? |
| 0:31.0 | Anytime you give somebody an opportunity to print money with no disregard. |
| 0:40.0 | With no disregard. So even today, but not today, I think Bitcoin |
| 0:45.1 | has something coming up called the halving, the halving, |
| 0:49.0 | right? And what they're going to do is they're going to cut the Bitcoin that's out in half. |
| 0:55.0 | So they only want you to have about the only want to have about 28 |
| 1:01.0 | million Bitcoin's 28 million bitcoins for purchase at all time. So what that does is it keeps it |
| 1:09.8 | from being manipulated. So that's going to hurt the miners and they'd be trying to create it like |
| 1:15.3 | no 28 million anything outside of that gone. Right? So that's what keeps it under |
| 1:22.1 | control right all my Bitcoin people, I gave you all a shout out just now. |
| 1:27.3 | Right, I gave y'all, that's the alley you. |
| 1:31.4 | Also, up for debate on a 19th is the Kathy Woods, Bitcoin E. T. F. The art E. F. |
| 1:43.4 | of Bitcoin. Which is going to track the price of |
| 1:45.5 | Bitcoin. Another alley you. |
| 1:47.8 | Bitcoin hit $45,000 a day. |
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