“A bigger issue that Americans pay no attention to is that most of the government debt isn’t on balance sheet,” says Rick Rule, President and CEO of Rule Investment Media. In our 2025 Outlook Series with Daniela Cambone, he calls the debt ceiling “fraudulent” because it is routinely bypassed through procedural maneuvers. “We’ve never observed a debt ceiling. If we actually were going to have a debt ceiling that they observed, that would be a good thing,” Rule states. He also stresses his concerns over the $100 trillion in unfunded liabilities like entitlements and how the U.S. might address them by devaluing the dollar enough to remove the net present value of these obligations. However, if that happens, he argues, millions of Americans will bear the consequences of diminished purchasing power.
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📞 ACT NOW, BEFORE IT’S TOO LATE: Rick Rule warns of rising global tensions, a collapsing middle class, and the fall of the dollar. Gold is your best safeguard in uncertain times. Protect your future with physical gold and silver today: https://calendly.com/itmtrading/500?utm_content=DC12202024 or call 866-706-9061
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📖 CHAPTERS:
00:00 Donald Trump debt ceiling
5:58 U.S. economy
8:40 People being affected by the loss of
10:11 Flat tax
12:41 Default
14:52 Foreign aid
19:35 Legacy media
20:23 Gold
23:05 Bitcoin/crypto
29:47 Concluding words
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