ilmscore | "This is WORSE Than You Think" - China is BRACING for GIANT Impact.

"This is WORSE Than You Think" - China is BRACING for GIANT Impact.

Published: 2024-10-22
Status: Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Prediction
Topic
Status
Paul Tudor Jones predicts the US debt to GDP ratio will reach 200% in 30 years, extrapolating from CBO's projection of 98% to 122-124% over the next 10 years.
"CBO says that we go from 998 to 122 I think 124 that's very conservative over the next 10 years if you extrapolate that 30 years you get to 200% debt to GDP"
US National Debt
Pending
Paul Tudor Jones predicts that under Trump's plan, the US deficit will increase by $500 billion per year, and under Harris's plan, it will increase by an additional $600 billion per year.
"I think under Trump um the deficit goes up by 500 billion per year under Harris's plan it goes up by an additional 600 billion plan per year"
US Budget Deficit
Pending
US Debt to GDP ratio is predicted by the CBO to increase from 98% to 122-124% within the next 10 years (by 2034).
"CBO says that we go from 998 to 122 I think 124 that's very conservative over the next 10 years"
US Debt to GDP
Pending
Governments will resolve high national debts by inflating their way out, keeping interest rates below inflation, and nominal economic growth above inflation.
"The Playbook to get out of this is that you inflate your way out and and you have a small tax on the consumer and you run interest rates and nominal growth rate interest rates um below inflation and nominal growth growth uh above inflation and that's how you reduce your debt to GDP"
Debt Resolution Strategy
Pending
Inflation is the inevitable path for economies to reduce national debts, as has been historically observed in other civilizations.
"all roads lead to inflation that's historically the way every civilization has gotten out is they've inflated away their debts"
Inflation
Pending