
Top Economist: U.S. Debt Bomb Is About to Wreck the Stock Market
Professor Steve Keen... · 8:18 · 8,949 plays
From the album Rebel Economics with Professor Steve Keen
Description
👉 Download my 3-Book Rebel Economist Bundle (Free this week here): https://www.stevekeen.comThe US national debt death spiral is growing by $6 billion every single day, now totaling nearly $38 trillion. Learn why this matters for you.This breakdown covers the mechanics behind our current debt trajectory and the economic concept of secular stagnation. If you are trying to understand how excessive global savings and a consistent decline in corporate investment are reshaping the financial landscape, this analysis provides the necessary context.We examine the relationship between the US national debt and broader economic trends, moving past headlines to look at the structural issues at play. By analyzing the current US economy, you will gain clarity on why traditional growth models are shifting and what the massive scale of the national debt crisis implies for the future of investment.Subscribe for weekly economic breakdowns, and comment below with your thoughts on how secular stagnation impacts your financial planning.✅ The global economy was built on a theory that never worked mainstream economics ignores the role of credit and debt in driving economic performance✅ Steve Keen predicted the 2008 crash years before it happened by modeling private debt levels that mainstream economists refused to examine✅ The United States currently owes almost $40 trillion and is increasing at $6 billion every single day on pace to reach $50 trillion by 2030✅ Economies fall into two categories: "Walking Debt" (US, Spain, UK, Ireland) still carrying 2008 crisis debt anchors, and "Zombies to Be" (Canada, Australia, South Korea, China) that avoided 2008 by borrowing even more✅ The next global crisis is predicted within 1-3 years, with Canada and Australia as the standout nominations for where it will hit hardest✅ Australia doubled and trebled first-home buyer grants to restart a housing bubble delaying the inevitable crash by pushing debt to its ceiling✅ The US economy is "moderately strong" but fragile — private debt only reduced from
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