ilmscore | Government Debt Crisis!! Everything You Need To Know!!

Government Debt Crisis!! Everything You Need To Know!!

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
Emerging technologies like AI and Quantum Computing are predicted to offer a solution to the global debt trap.
"we can probably expect to see them continue to pile up as time goes on let's just hope that emerging Technologies such as Ai and Quantum Computing offer a way out of this debt trap the world has fallen into"
Global Economy
Pending
Japan's current economic strategy involving extensive quantitative easing is unsustainable and will eventually lead to the Bank of Japan raising interest rates to devalue the Yen.
"between 2016 and 2023 the boj even began yield curve control measures by buying enough debt to keep government borrowing costs below a certain level because any increase in debt servicing costs would add billions to the debt the only problem is this isn't sustainable at some point the Yen will lose too much of its value because of all the de facto money printing some would say this is already happening as the Yen has lost almost 50% of its value against the US dollar over the last few years at some point the boj will have to start raising rates to save the Yen and it looks like it has recently been making moves in that direction"
Japan Economy
Pending
A US default, even temporary, would cause global investors to seek alternatives, worsening the deficit and slowing the economy, given the central role of US debt in the financial system.
"if the US defaults even for a moment Global Investors will look for Alternatives this would only make the deficit even worse which would slow down the economy further never mind the fact that US Government debt is the primary form of collateral for the entire Financial system"
US Debt
Pending
Historical patterns suggest Italy's debt-to-GDP ratio may decrease. Prime Minister Giorgia Meloni plans tax cuts and increased spending to boost the economy.
"if we see history play out again then we could see Italy's debt to GDP ratio fall off for Cliff prime minister Georgia Maloney who came into power in October 2022 now has the difficult task of getting ital's economy back on track and plans to cut taxes and increase spending in the hopes that this will revive the economy"
Italy Economy
Pending
US interest rates reached 5.5%, a level not seen since 2001.
"in fact at the time of shooting interest rates in the United States are at 5.5% a level the US hasn't seen since 2001"
US Interest Rates
Pending