ilmscore | The US Debt Collapse Just Started – Gold Is Sounding The Alarm

The US Debt Collapse Just Started – Gold Is Sounding The Alarm

Published: 2025-10-27
Status: Analyzed

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 2
Pending: 1
Prediction
Topic
Status
In 2025, the US government is projected to have $2 trillion in deficit spending, representing approximately 6.7% of the estimated $30 trillion GDP.
"And so in 2025, our GDP is expected to be around $30 trillion. ... the government is going to spend around $7 trillion in the year 2025, which is a big contributor to the GDP. And $2 trillion of that 7 trillion that the government's going to spend is deficit spending. Which means the deficit is about 2 trillion of the $30 trillion."
US Government Deficit Spending
Incorrect
A hypothetical cessation of US government deficit spending would lead to a 6% contraction in GDP, from $30 trillion to $28 trillion.
"Which means if the United States government were to hypothetically stop overspending and overpaying for things that they don't have money for, that would means that our GDP would fall in theory to $28 trillion because you just take out the $2 trillion of deficit spending, which means our GDP is now $28 trillion, which would mean that our economy would essentially shrink by 6%."
Economic Recession Risk
Incorrect
Reducing government spending could result in a recession 50% larger than the 2008 recession.
"if we were to cut back all this government spending, we would see a recession 50% bigger than 2008."
Economic Recession Comparison
Pending