ilmscore | The Brutal Truth About Our Economy In 2026

The Brutal Truth About Our Economy In 2026

Published: 2025-10-13
Status: Available | Analyzed

Predictions from this Video

Total: 13
Correct: 3
Incorrect: 4
Pending: 6
Unrated: 0
Prediction
Topic
Status
The Trump administration predicts an improvement in job numbers in 2026.
"according to the Trump administration, we're going to start seeing better job numbers come 2026."
Job Market Forecast
Incorrect
US government spending is projected to reach $7.1 trillion in 2025.
"in 2025, it is expected the government spending is going to reach around $7.1 trillion."
Government Spending
Pending
Tariffs in 2025 are expected to contribute to increased prices in 2026.
"the tariffs that we are seeing in 2025 are going to contribute to higher prices in 2026."
Inflation Concerns
Pending
The Federal Reserve began cutting interest rates in 2025 and further cuts are anticipated in late 2025 and 2026.
"the Federal Reserve Bank began cutting interest rates in 2025. And there's talks about the Federal Reserve Bank cutting interest rates even more later in 2025 and again into 2026."
Federal Reserve Interest Rates
Correct
A cessation of US government deficit spending in 2025 could trigger a recession 50% larger than the 2008 recession.
"if the United States government stopped their deficit spending in 2025, we would see a recession 50% larger than what we saw in 2008."
Recession Likelihood
Incorrect
The speaker's company was projected to be bankrupt by 2035, but a revised projection due to AI indicates bankruptcy by 2030 without changes.
"if my company, Briefs Media, was going to continue doing what we did, we were going to be bankrupt by the year 2035. ... we're going to be bankrupt in 2030."
AI Impact on Business
Pending
While individuals might not be directly replaced by AI in the next five years, companies are likely to replace employees with those who have better AI skills.
"You might not be replaced by AI in the next five years, but there's a very high probability that your company might replace you with somebody that understands AI better than you."
AI Impact on Job Market
Pending
The company that leads in the AI race will gain control of the economy.
"the company that can dominate the AI race is going to control the economy"
AI Investment
Pending
The nation that masters the AI race will lead in the next era.
"the country that figures out the AI race is going to then be the leader of the next generation of time"
AI Investment
Pending
The cost to develop an app has been significantly reduced to approximately $25,000-$50,000 due to AI.
"Today that same app is going to cost roughly $25 to $50,000 to develop because of AI"
AI Impact on Development Costs
Incorrect
The current inflation trend is expected to persist.
"This inflation that we're seeing is not going to go away."
Inflation Persistence
Correct
The US national debt has surpassed $37 trillion.
"The United States government owes more than $37 trillion."
US National Debt
Correct
President Trump has proposed a plan to address the national debt that includes gold and cryptocurrency.
"President Trump has been proposing a new plan to help pay off this debt involving gold and involving crypto."
Trump's Debt Reduction Plan
Incorrect