ilmscore | This Could Be The Last Big Wealth Opportunity For A Decade

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Prediction
Topic
Status
The US economy is entering a 'debt death spiral' due to national debt growing faster than the economy.
"America's entering a debt death spiral. And according to him, this is going to come with economic pain because of three reasons. Reason number one is our national debt here in the United States is growing faster than the economy."
US Economy
Pending
The US is approaching a 'debt death spiral' where it needs to borrow money to pay interest on existing debt, leading to a loss of confidence in holding US debt.
"The debt death spiral is that part of the cycle when you when the uh debtor needs to borrow money in order to pay debt service and it accelerates and then everybody sees that they don't want to hold the debt. That's where we're approaching."
US Economy
Pending
Another recession is inevitable, the question is only when it will occur.
"Recessions are a part of our economic system. Over the last 100 years, we have seen 16 recessions. So, it's not a matter of if we're going to see another recession. The question is when."
Recession
Pending
The United States is predicted to enter a 'debt death spiral'.
"America's entering a debt death spiral."
US Economy
Pending
Economic pain is predicted due to three specific reasons related to US debt.
"This is going to come with economic pain because of three reasons."
US Economy
Pending
The Federal Reserve will continue printing money to lend to the US due to insufficient lenders.
"This is why the Federal Reserve Bank has to keep printing more money to lend money to the United States because there's not enough lenders out there."
Federal Reserve
Pending
The US may need to borrow money solely to pay interest on existing debt.
"Sorry to all of you dentists, but this is where Ray Dalio says we're going to be entering a time where the United States may need to borrow money in order to pay back the interest on all the debt that we have."
US Economy
Pending