WEBVTT - Cliff Notes: The U.S. is $31 Trillion in Debt

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

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<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

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<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

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<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

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<v Speaker 1>crossings are at the lowest levels ever recorded, and over

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<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

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<v Speaker 1>are here illegally, your next you will be fined nearly

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<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

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<v Speaker 1>never return. But if you register using our CBP home

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<v Speaker 1>app and leave now, you could be allowed to return legally.

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<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

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<v Speaker 1>border and families will be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security. Let's

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<v Speaker 2>talk about the death ceiling. So the death ceiling was raised,

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<v Speaker 2>and then are good. I'll be crying, y'all.

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<v Speaker 3>Bill Old Jannet Yellen has said that the ceiling is

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<v Speaker 3>probably going to run out first.

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<v Speaker 2>That was pretty quick.

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<v Speaker 3>What's the deal with this?

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<v Speaker 4>This usually happens and at the last minute they end

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<v Speaker 4>up raising it. But I am really concerned about our

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<v Speaker 4>country right now, how much that we have. Let me

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<v Speaker 4>go to the school real quick. If I go to

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<v Speaker 4>America's death clock, we are currently at one seven thirty

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<v Speaker 4>one point seven trillion. I mean, it's ninety four thousand

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<v Speaker 4>dollars per citizen, two hundred and forty thousand per taxpayer.

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<v Speaker 2>And I don't have the answer to how to fix this.

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<v Speaker 2>I don't.

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<v Speaker 4>I'm sure as always they'll raise the ceiling because of course,

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<v Speaker 4>going into an election, you can't have that kind of

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<v Speaker 4>debt looming over you.

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<v Speaker 2>It's not good for any candidate.

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<v Speaker 4>But I'm just when I look at the overall macro

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<v Speaker 4>picture for US, I mean, like the money the US

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<v Speaker 4>money supplies to like a thirteen week low. So like

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<v Speaker 4>even when I'm going to places now, they're not taking cash.

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<v Speaker 2>They have no coins available? Why coin shortage?

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<v Speaker 3>What?

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<v Speaker 2>Or are the coin stars?

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<v Speaker 3>Like?

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<v Speaker 4>It's amazing to see a transformation from just even three

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<v Speaker 4>years ago, prior to COVID, how much cash was available

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<v Speaker 4>versus how much is not available now. And then we

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<v Speaker 4>keep going to the debt while being a war and

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<v Speaker 4>we need new leadership across the board very fast. But

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<v Speaker 4>I do feel like this is a as everyone will

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<v Speaker 4>call it, like a great reset in real time, and

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<v Speaker 4>I don't think we'll be.

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<v Speaker 2>Able to go back from here.

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<v Speaker 3>Yeah, I feel like that always happens, right, It's a

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<v Speaker 3>continuous steam. The debt tailing is approach, and the debt

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<v Speaker 3>tails approaching, and we gotta raise it. It's uproar until like

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<v Speaker 3>the last minute, last raise, and it's like, oh it's

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<v Speaker 3>not enough. It's like the same theme over over and

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<v Speaker 3>over again. Yeah, nothing really changes though. Yeah, I guess

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<v Speaker 3>we shall mount into the situation. We shall, But the

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<v Speaker 3>real raise is silling.

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<v Speaker 4>I mean, the debt's going to continue to get hired

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<v Speaker 4>no matter what are and I.

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<v Speaker 2>Talked about this earlier with FRC.

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<v Speaker 4>So their debt alone ratio was one hundred and eleven percent,

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<v Speaker 4>so they had more loans out than.

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<v Speaker 2>They did ridiculous.

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<v Speaker 3>This episode is brought to you by P and C Bank.

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<v Speaker 2>Erners What's up?

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<v Speaker 3>You ever walk into a small business and everything just

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<v Speaker 3>works like The checkout is fast, the receipts are digital,

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<v Speaker 3>tipping is a breeze, and you're out the door before

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:05:17.360 --> 0:05:21.160
<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:05:21.400 --> 0:05:25.520
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:05:25.600 --> 0:05:29.520
<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. I'm Christy Noman, the United States

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<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:05:41.839 --> 0:05:45.360
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:05:45.440 --> 0:05:48.640
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:05:48.720 --> 0:05:52.559
<v Speaker 1>are here illegally, your next you will be fined nearly

0:05:52.680 --> 0:05:56.680
<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

0:05:56.720 --> 0:06:00.400
<v Speaker 1>never return but if you register using our CBP home

0:06:00.440 --> 0:06:03.760
<v Speaker 1>app and leave now, you could be allowed to return legally.

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<v Speaker 1>Do what's right. Leave now. Under President Trump America's laws,

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<v Speaker 1>border and families will.

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<v Speaker 2>Be protected sponsored by the United States Department of Homeland Security.

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<v Speaker 4>Say capital coming in our debt ratio. Federal debt to

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<v Speaker 4>GDP ratio in two thousand was fifty eight percent. Now

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<v Speaker 4>it's one hundred and twenty. So our country's debt ratio

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<v Speaker 4>is worse than First then FCR, first Republic Bank. But everyone,

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<v Speaker 4>you conspiracy theorist Deontae, shut up, my boy, you do

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<v Speaker 4>not know this is my thoughts Ian red panded rebellion.

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<v Speaker 4>Oh you know what you talk about. I will be

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<v Speaker 4>at Citadel and JP Morgan later this week and Meta,

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<v Speaker 4>I'm telling you to us the answer to continue to

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<v Speaker 4>invest because even if let's say we come off the

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<v Speaker 4>American dollar, you will still have assets that you will

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<v Speaker 4>be able to use in another currency. But this is

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<v Speaker 4>scary for our debt ratio to be at in nineteen

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<v Speaker 4>sixty was at fifty two point nine, nineteen eighties at

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<v Speaker 4>thirty four percent, where at one hundred and twenty zero

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<v Speaker 4>point three five percent debt to GDP ratio, So how

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<v Speaker 4>much debt we have versus how much the country is making.

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<v Speaker 2>We're upside down. America's a mean stock might clip that.

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<v Speaker 3>Up, and nobody's coming to save us at all. In fact,

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<v Speaker 3>there was and we'll talk about this money next week,

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<v Speaker 3>there was more countries that are urging their citizens not.

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<v Speaker 2>To use the US dollars.

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<v Speaker 3>Yeah, well we'll add that to the to the segment

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<v Speaker 3>last week.

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<v Speaker 2>This is a big week. Though.

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<v Speaker 3>It's a big week, and we kind of spoke about

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<v Speaker 3>it before the show started. But the thread is going

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<v Speaker 3>to potentially raise rates. What's your thoughts on it's let's

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<v Speaker 3>give our number and we'll see what happens. I think

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<v Speaker 3>a quarter you think.

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<v Speaker 2>I'm with you. I think a quarter a quarter percent raised.

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<v Speaker 3>What are the impacts of that on the market, Let's

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<v Speaker 3>say this week, Oh.

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<v Speaker 2>Some stocks a slide down.

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<v Speaker 4>I mean, we'll talk about Apple lator, but I think

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<v Speaker 4>stocks are slides just a little bit. They keep saying

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<v Speaker 4>that they want to destroy the job market, and we

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<v Speaker 4>haven't gotten to where we need to be.

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<v Speaker 2>I wish they would just rip the band aid off

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<v Speaker 2>and at one time get to the number one we

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<v Speaker 2>need to get. I know that's not the best face policy.

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<v Speaker 2>I don't think.

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<v Speaker 4>Jerome's doing what he needs to do in order to

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<v Speaker 4>get us there. I know it's a tough place because

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<v Speaker 4>you're in between the rock and a hard place. But

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<v Speaker 4>I would rather have Brook the band aid off and

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<v Speaker 4>we recover from the numbers upposedly, like gradually, like die

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<v Speaker 4>from a thousand cards. My graduates from my school being

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<v Speaker 4>force back drop drop, Mike drop backdrop.

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:08:39.360 --> 0:08:43.120
<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:08:43.400 --> 0:08:47.520
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:08:47.600 --> 0:08:51.480
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:08:51.600 --> 0:08:55.360
<v Speaker 1>some of the heinous migrant criminals caught because of President

0:08:55.360 --> 0:08:58.959
<v Speaker 1>Donald J. Trump's leadership. I'm Christine Noman, the United States

0:08:58.960 --> 0:09:03.760
<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:09:03.800 --> 0:09:07.360
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:09:07.400 --> 0:09:10.640
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:09:10.720 --> 0:09:14.560
<v Speaker 1>are here illegally, your next you will be fine nearly

0:09:14.640 --> 0:09:18.680
<v Speaker 1>one thousand dollars a day, imprisoned and deported, you will

0:09:18.679 --> 0:09:22.360
<v Speaker 1>never return. But if you register using our CBP Home

0:09:22.400 --> 0:09:25.760
<v Speaker 1>app and leave now. You could be allowed to return legally.

0:09:26.120 --> 0:09:30.880
<v Speaker 1>Do what's right. Leave now. Under President Trump America's laws,

0:09:31.040 --> 0:09:33.480
<v Speaker 1>border and families will be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security,