Debt Will Collapse Global Economy... Will The U.S. Survive?

[Subscribe to The Morgan Report today]( for the full report and portfolio. The Knowledge You Need to Build and Preserve Your Wealth Week ending January 12, 2024 Debt Will Collapse Global Economy... Will The U.S. Survive? In a recent video by Sachs Realty, a compelling discussion unfolds about the looming threat of a global economic collapse, spearheaded by the insights of Brent Johnson, CEO of Santiago Capital and the author of the Dollar Milkshake Theory. The video, titled "Debt Will Collapse Global Economy... Will The U.S. Survive?" delves into the intricate web of global finance, debt, and the potential repercussions on the U.S. economy. The crux of the conversation revolves around the U.S. Federal Reserve's monetary system, which Johnson points out, notably lacks a mechanism to reverse its course. This aspect is critical, as the current strength of the U.S. economy plays a pivotal role in global prosperity. However, Johnson warns of the fragility of this system, highlighting that a U.S. recession or depression could trigger a catastrophic chain reaction. He draws attention to the artificially inflated economic bubbles, such as the housing market, which could collapse in the absence of government intervention, echoing the financial crises of the past. Johnson's Dollar Milkshake Theory takes center stage in this narrative. He predicts a scenario where, despite the looming threat of a currency collapse, the U.S. dollar will significantly strengthen against other global currencies before any collapse occurs. This theory suggests a paradoxical strengthening of the U.S. dollar in the face of global economic turmoil. The video also touches upon the timelines of these potential economic shifts and the strategies that Americans might adopt to brace for a possible collapse of the middle class. Johnson's insights provide a macroeconomic perspective, not just on domestic issues but on global financial dynamics as well. Host Todd Sachs, a Maryland Real Estate Broker, underscores that the content of the video is meant for entertainment and should not be taken as professional financial advice. Sachs Realty, through the video, extends its services in real estate, offering assistance to buyers, sellers, landlords, and tenants both in Maryland and nationwide. With over 505,000 views, the video has struck a chord with a wide audience, reflecting the growing concern over the stability of the global economy and the role of the U.S. dollar within it. As the world grapples with economic uncertainties, the insights offered by Brent Johnson provide a thought-provoking perspective on the potential challenges and strategies in navigating a future marked by economic volatility. [Watch the Full Video Here]( Unraveling the Layers of “The Great Taking”: A Journey Through Personal and Societal Challenges David Morgan engages in an insightful conversation with David Webb, the author of the book The Great Taking. In “The Great Taking,” Webb delves into the complexities of financial systems and economic history, weaving together personal experiences with an analysis of global economic forces. The narrative begins with a reflection on his family’s history and its intersection with major events like the JFK assassination and economic downturns in the United States. Throughout the book, he explores the influence of central banks, the intricacies of financial markets, and the impact of economic policies on individuals and society. [Watch the video here]( [Subscribe to The Morgan Report today]( for the full report and portfolio. The Knowledge You Need to Build and Preserve Your Wealth Where Does The Money Go? The annual federal budget of the United States typically exceeds $4 trillion. However, in 2020, this figure soared to $7 trillion due to the extensive measures undertaken by the government in response to the COVID-19 pandemic. To put the enormity of a trillion into perspective, consider this: a trillion seconds is approximately 31,000 years. To illustrate, the disappearance of Ice Age creatures such as wooly mammoths and saber-toothed tigers occurred around 13,000 years ago, which is less than half of a trillion seconds. This raises the question: how is such a vast amount of money allocated? The U.S. Treasury divides all federal spending into three groups: mandatory spending, discretionary spending and interest on debt. Together, mandatory and discretionary spending account for more than ninety percent of all federal spending, and pay for all of the government services and programs on which we rely. Interest payments on the national debt account for a much smaller amount than the other two categories. The chart below gives you an idea where your federal money goes. Currently, with a robust economy that fosters opportunities and boosts wages, people are seemingly living the American Dream. But is this truly the situation? As we discussed last week, each citizen bears the burden of more than $100,000 in federal debt alone. This figure doesn't even account for state taxes, personal debts like mortgages, car loans, or credit card balances. Can you afford your share? With this reality, the American dream is looking more like a nightmare. The economic outlook is grim: rising unemployment, reduced salaries for those retaining their jobs, and significant tax hikes for the average American. For numerous households, this could translate into stricter budgeting, diminished funds for essentials like food and clothing, and dwindling chances for leisure activities such as family vacations or opportunities to enhance their financial status. This situation may necessitate longer working hours, securing a second job, or delaying retirement to manage escalating expenses. The aspiration to provide a better life for one's children than one's own might seem increasingly unattainable. This scenario isn't a fiction from a dystopian novel. It's a reality unless we insist on our leaders in Washington curbing their excessive spending habits. Are you awake yet? What Will Gold and Silver Do in 2024? Last year was a year that, for some precious metals owners, may have been disappointing. Gold did reasonably well, rising 13% over the course of the year. Silver, on the other hand, lost about 10 cents on the year. But what was perhaps most disappointing is that neither precious metal showed the breakout growth that many people were expecting. Gold showed some flashes of brilliance, particularly late in the year as it set an all-time high price, while silver continued to lag. So how will gold and silver fare in 2024? [Read rest of the article here]( Advertisement "The Silver Manifesto" is a comprehensive book that provides an in-depth exploration of the multifaceted aspects of investing in silver, one of the world's oldest and most versatile precious metals. Written with a focus on educating readers about the potential benefits of including silver in their investment portfolios, the book delves into various dimensions of silver's historical significance, industrial applications, economic relevance, and its role as a store of value. One of the central themes of the book revolves around the historical use of silver as a form of currency. Throughout history, silver has been utilized as a medium of exchange, reflecting its intrinsic value and widespread recognition. The book highlights how silver coins and bars were historically used for trade and commerce, and how this legacy contributes to the metal's enduring value as a tangible and universally accepted form of wealth. Furthermore, the book delves into the contemporary industrial applications of silver, emphasizing its vital role in various sectors such as electronics, solar energy, medicine, and more. This discussion underscores the inherent demand for silver across diverse industries, contributing to its value beyond its monetary aspects. The unique combination of industrial demand and investment appeal sets silver apart from other precious metals. Economic factors are also explored in "The Silver Manifesto." The authors discuss how economic conditions, such as inflation and currency devaluation, can impact the price of silver. Silver's historical role as a hedge against inflation is elucidated, showcasing how it has historically preserved wealth during periods of economic instability. The book explains how fluctuations in supply and demand, geopolitical events, and shifts in monetary policies can influence silver prices. In addition to these analyses, "The Silver Manifesto" underscores the advantages of diversification within an investment portfolio. By incorporating silver alongside other assets like stocks, bonds, and real estate, investors can potentially mitigate risk and enhance their chances of achieving long-term financial stability. [Learn more and grab your copy today!]( [Subscribe today]( for the full report and portfolio. The Knowledge You Need to Build and Preserve Your Wealth "Monetary Meltdown: The Far-Reaching Consequences of Inflation, Government Overspending, and Massive Bank Failures" "Zeroing in right now on just 3 things... Money, Metals, and Mining will lead to EXPLOSIVE profits." IMPORTANT: If you think you missed the early opportunities to profit from precious metals and other hard assets, you would be wrong! The significant gains in precious metals are still to come. In fact, the biggest move in history is coming, but you have to be in now! Seize the opportunity and don't miss out! There's No Denying... The World Economy Experienced A Major Shift The Last Few Years The Future of the Economy May Be On Tilt... Your Financial Future Doesn't Have to Be It's Time To Take Action And Take Back Control Of Your Wealth & Prosperity! Banks across the United States have been failing at an alarming rate. When Silicon Valley Bank, First Republic Bank and Signature Bank failed, they suffered one of the largest bank failures in U.S. history. Who is next? The scale of these failures is unlike anything we've seen since the 2008 financial crisis - and it's raising questions about the stability of the entire banking system. The world is experiencing massive catastrophic events that has impacted us all on multiple fronts. These events are creating a tsunami of economic destruction include the deterioration of your wealth. The Morgan Report is an exclusive membership-based publication that provides in-depth analysis and expert insight on the global economy and the financial markets. With a focus on precious metals and resource investments, the Morgan Report offers a unique perspective on the complex and ever-changing world of finance. Led by David Morgan, a renowned economist, and financial commentator, the Morgan Report is your ultimate guide to surviving and thriving in a world of financial uncertainty. You'll gain access to exclusive reports, video updates, and real-time alerts on the latest market developments and investment opportunities. Plus, you'll be part of a community of like-minded individuals who are all working to build a more secure financial future. Don't miss out on this incredible opportunity to join the Morgan Report and start taking control of your financial future. With a special offer just for new members, now is the time to act. Don't wait - join the Morgan Report today and start on the path to financial freedom! [Discover What The Morgan Report Can Do For You!]( STAY CONNECTED WITH US [Twitter]( [Linkedin]( [Youtube]( [Website]( [Email](mailto:support@themorganreport.com) Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader. 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