ilmscore | This Clash Could Shape the Next Decade of Wealth

This Clash Could Shape the Next Decade of Wealth

Predictions from this Video

Total: 20
Correct: 0
Incorrect: 0
Pending: 20
Unrated: 0
Prediction
Topic
Status
The speaker believes the US is close to a recession and potentially something worse.
"Right now, we are at a decision-making point and very close to a recession. And I'm worried about something worse than a recession."
US Economy
Pending
US GDP was $29.1 trillion in 2024 and is projected to be $30 trillion by the end of 2025.
"In 2024, the United States economy was $29.1 trillion large... It is estimated that the United States economy is going to be $30 trillion by the end of 2025."
US Economy
Pending
In 2024, the US government spent $1.8 trillion more than its tax revenue, necessitating deficit spending.
"And then the United States government went out and spent all $4.9 trillion plus an additional $1.8 trillion. This deficit spending is spending that the United States government did which they did not have tax dollars to pay for."
US Government Deficit
Pending
For 2025, US government tax revenue is estimated at $5.2 trillion, with projected deficit spending between $1.7 to $1.9 trillion.
"It is estimated that the United States government is going to generate about 5.2 trillion in taxes. And then it's estimated the United States government is going to spend an additional 1.7 to 1.9 trillion in deficit spending."
US Government Deficit
Pending
The 2024 US deficit spending of $1.8 trillion represented approximately 6% of the $29.1 trillion GDP.
"meaning this $1.8 trillion is about 6% of the $29.1 trillion economy."
US Government Deficit
Pending
The estimated US deficit spending for 2025 will be between 5.7% and 6.3% of GDP.
"meaning that our deficit spending is somewhere between 5.7 to 6.3% of our GDP."
US Government Deficit
Pending
Inflation is explained as the dilution of dollar value due to increased money supply, leading to higher prices.
"when you keep creating this money out of thin air from the Federal Reserve Bank, this money now dilutes the value of every dollar you have in your savings, it dilutes the value of the earnings that you get from your job, which means the prices of things go up because the value of the dollar and the buying power of the dollar goes down. That's what inflation is."
Inflation
Pending
The US government consistently spends more than it generates from taxes and does not aim for a balanced budget.
"The United States government is spending more than they're generating from taxes. They don't believe in a balanced budget."
US Government Spending vs. Revenue
Pending
The US national debt is stated to be approximately $37 trillion.
"The United States government owes 37 some trillion dollars in national debt"
US National Debt
Pending
Sustained high deficit spending by the US government could lead to a debt crisis, devalue the dollar, and result in a situation worse than a recession.
"if you keep racking up this extremely high deficit spending, it could create a debt crisis which could hurt the value of the dollar. It could lead to like what Ray Dalio says, something worse than a recession."
US Government Debt Crisis
Pending
Ray Dalio's '3% rule' suggests the national deficit should not exceed 3% of GDP to avoid a debt crisis.
"the national deficit that you have should not exceed 3% of our GDP."
US Government Debt
Pending
The current US national deficit is approximately 6% of GDP.
"Right now, we are seeing our national deficit at around 6% of our GDP."
US Government Deficit vs. GDP
Pending
Lower interest rates incentivize more borrowing, not just for individuals but also for the US government.
"lower interest rates lead to more borrowing. And yes, it could lead to more people borrowing money on a mortgage and more money for your car and all that other stuff, but we're talking specifically about the United States government."
Interest Rates and Borrowing
Pending
Net interest expenses are identified as the second largest expenditure for the US government.
"the second largest expense for the United States government was what? Net interest expenses."
US Government Interest Expenses
Pending
President Trump predicts that the US is the best location for investment, specifically in its economies and stock market.
"President Trump says that the United States is the best place to be investing your money into United States economies, into the United States stock market."
US Economic Outlook
Pending
Not investing your money will lead to losses regardless of economic conditions.
"Because if you're just working a job and you're not investing, if you're just saving your money and you're not investing, you are going to lose no matter what happens."
Investment Strategy
Pending
Inflation is presented as an inevitable certainty.
"we know that inflation is going to happen. Period. That's not a question. It is a fact."
Inflation
Pending
The US economy is predicted to undergo significant changes within the next 5 to 10 years.
"We know that our economy is going to go through a lot of changes in the next 5 and 10 years."
Economic Changes
Pending
The speaker claims the US is entering a 'debt death spiral'.
"America is entering a debt death spiral."
US Debt
Pending
Annual interest payments for the US government are approaching $1 trillion.
"right now for the US government, it's almost a trillion dollars a year that goes to interest payments."
US Government Interest Payments
Pending