Sean Foo and Greg Mannarino Thursday PM 2-23-2023

America’s Default Will Collapse The World - The Doomsday Scenario

Sean Foo:  2-23-2023

What if the United States defaults on its debt? What if the unthinkable happens?

Whether congress refuses to lift the debt ceiling or a default happens decades from now, the consequences will be disastrous for not just the US, but the entire global economy as well.

We will have currency crises, a bond market implosion and even the rise of new reserve currencies.

Here's what you must know about a default doomsday scenario.

Timestamps & Chapters:

 0:00 The Debt Ceiling Crisis

 1:00 The Immediate Fallout

4:03 Fleeing The Dollar

6:30 An Inflation Disaster

 9:38 The Economy Is Doomed

 11:47 A New Reserve Currency?

14:52 Reducing The Debt

https://www.youtube.com/watch?v=nYWv8NtmOOc

US GDP NEGATIVE. INFLATION CONTINUES HIGHER. BLOOMBERG STAFF LAUGHING AT FAKE DATA!

Greg Mannarino: 2-23-2023

https://www.youtube.com/watch?v=kpkZ9dJOZNo