Predictions from this Video

Total: 3
Correct: 2
Incorrect: 1
Pending: 0
Prediction
Topic
Status
US government interest payments on debt will exceed $1 trillion annually starting August 2024 for the next 12 months.
"as of August 2024 the government will spend over $1 trillion a year on interest payments over the next 12 months"
US Government Debt
Incorrect
US government will continue to overspend, increasing national debt and interest payments, regardless of who wins the upcoming election (Trump or Harris).
"the government will continue to overspend that's not surprising and guess what last week the government passed their CR the government funding bill there were no spending cuts same old same old so listen the situation is just going to get worse that is a given and it doesn't matter who wins office Trump or Harris makes no difference Trump is going to overspend like crazy Trump added a record amount of national debts more than Obama and look at the Biden Harris combo they're going to do the same thing they're going to spend like crazy they added a record amount of national debts more than Trump so the national debt it doesn't matter who wins it's going to increase and the interest payments will increase as well"
US Government Spending
Correct
Inflation will re-accelerate hard, likely by 2026 or sooner, as the government chooses inflation to manage debt.
"the best bad option that we have right now is to inflate and that's going to be the favored route because two reasons so the first reason is because inflation makes it easier to keep up with the interest payments and two inflation gives the Elite Class an advantage the advantage is first access to money okay so what's the lesson here the lesson is that you must invest in financial assets this is not to get rich this is for your protection this is just to keep up with inflation so I'm telling you inflation is going to re accelerate hard probably 2026 could be sooner"
Inflation
Correct