indefinitely, let's get started. the that is simple. hang it off is not a national debt is created when countries spend more than they collect, which is true for most large countries around the globe. and fact, the global institute of finance estimates and global debt has already had $307.00 trillion dollars in 2023. now of course, you're countries with the largest amount of debt or the obvious spain, canada, india, germany, united kingdom, italy, france, china and japan. right? second derivative spot, but the united states easily secures number one spot by almost 20 trillion dollars . but you would have to wonder what lender would continue to lend money. the country, which obviously has no real plan to ever pay back,

enter the american taxpayer. and while foreign countries, ownership of the united states debt has almost doubled in the last 5 years to around 30 percent of the $33.00 trillion dollars with japan and china holding the largest amount. the over whelming majority is for both domestic and foreign private investors. but what are these investors expecting to receive and return what is even considered a good return on investment? well, let's ask our panel. we are joined here in studio by political strategist and radio host and the leak abdul, as well as steve gail, who is also a political commentator and radio host and from afar we have with us legal and media analyst line. oh, thank you so much for joining me gentlemen. steve. i want to start with you. is it even possible for a country the size of the united states to not carry a debt balance? well, and the problem is that the interest on that that is about to cripple the site,

you know, even worse than before, we're going to be paying the highest level of interest that we've ever paid in this country. because the debt keeps going up. interest rates keep going up, and that's going to make it impossible to spend on anything else but interest on our debt. so we're going to start feeling the pain in real direct ways for congress, which states to cut anything is going to have to cut just to pay. interest was interesting. you bring up the interest part because of a leak. do you think the amount of debt and even now the interest that's going to go on top of it actually affects a country's domestic and global policies? i think it does, and i think we're, we're now seeing now with what the republicans or what congress is wanting to do with sending money to israel. you're starting to have more conversations, even the ukraine conversation. you're starting to have more conversations. the american people are saying to ourselves, with their domestic power, there are domestic issues that are here at home that we're refusing to focus on. meanwhile, we're giving support to either israel or ukraine. so i think that people are starting to see how it impacts the global economy, but definitely here domestically and i think it's going to be an issue in the 2024

election cycle online. or does it seem like it's politically convenient then to bring it up? i mean it's when they're just spending money, they don't care. but when it goes, it gets something they don't necessarily agree with all of a sudden, oh no, we have to watch our pennies. the problem is, is that this is a fascinating subject. i love talking about it, and i'm so honored to be with you in my honored colleagues. but the average american has had a quote as of what we're talking about. there's an academic, this is completely and totally academic. this means nothing to them. whenever we have any kind of a need for whatever, whether it's a to uh to a ukraine or israel or whatever, we just pay it. or we put it to a 200000 the moment. the moment that we as the americans, it is a futile something specifically. that's wonderful. there's a significant political difference. but this is wonderful. it's true. it is certainly valid, but it is completely and totally academic to a notion population that we have who knows nothing about this and there's about

nothing so long as there's 10 talk is of the to divert their attention or maybe they need to get some tick tock going about $33000000.00 in debt lake. why is it you would think $3320.00 people would know. that would be over to somebody. why aren't people paying more attention to this number? it's a very scary number. look what's happening now with a conversation of israel. now we were facing up that was still facing a shut down. and after 3 weeks, the very 1st thing that republicans who were concerned about spending the very 1st thing that republicans did. they said, well, we need to actually bring a resolution to the floor and support of israel. okay, fine. well, how you're going to pay for that? we're going to pay for that by not cutting anything, even though they say we're going to cut the i r. s. know essentially what you're doing is you're moving money from the i r s into a priority that you actually prefer, which is the funding for israel. it doesn't cut the debt at all. it may flash funds from the r as, but you don't even see the american people. you don't see a ground swell of americans saying, well, wait

a minute here. we're not going to define domestic priorities because we're concerned about our foreign policy priorities. and i think that that is something, and i'm going to be uh, you know, a broken record on this. it will factor in the 2024 election cycle because economic anxiety will impact how people feel here domestically. but i look at it, steve, it international. why is it that the american politician, the 1st thing, even the republicans out of their mouth is secure about an international policy? rather than literally the laundry list we have here in the united states, which needs to be taken care of and desperately could use some funding. i think people are starting to wake up. they're starting to ask about the ukraine spending . where's the money gone? you know, i've got 2 boys that a little older than teenagers now, but when they were teenagers, i give them money on friday they'd ask for more on saturday. my 1st question is, what did you do with the money i gave you? we are asking that, and one of the most ridiculous things that i'll follow up on mine on the american people don't get it. are politicians don't get it. rick scott or kim scott wright

for president recently said, don't worry about the money we're giving to you. frank. it's alone. does anybody think we're gonna get paid that money faster than the friendship pages for the loans after world war 2? vinyl isn't really alone though. the state points out alone is something you're expecting to come back. zalinski comes out recently or just said he's saying this alone, just loaners this money. do these foreign countries actually look at this like a loan? so, no, no, no, no, no, no, no, no, this is. listen, i, i, i still think you know what, what will always talk about sometimes, you know, who is the smartest person, whoever me was an ice time, was a copernicus, it's the people who saw this story to was under still by just look. somebody said one time the federal reserve is, is federalist federal express to one of the greatest stories ever. when, when you ask somebody something, when you ask about elections, let me just say to my team, colleagues, i agree, 100 percent. and what i'm about to say is in no way meant to improving what you're

say, but to impute the collective integrity and, and, and mental wherever it's all of this country. but recently we've had an election depending upon where, where, where we're playing this, where i thought that would be an absolute trend g o p. my god, when i mean the, so now i'm really, i think you're not saying it, it meant nothing. and it was no stealing, no legal stealing. so after what we went through, you do not you collectively, but you rhetorically, you, royally, you think the american people are going to wake up when we just had an election where people said we weren't more of the same when joe biden could actually flat wide space down and not space for that, we would still be debating whether he's been enough to handle the job. listen, it comes down to this. america is in a coma, joe biden. we are. and for us to, if you think we're gonna go to the hardware and explain spending and who's going to

pay those back, this is like diabetes, diabetes, unfortunately like an $80.00 symptomatic problem. that when it hit you, it's too late. but that's what this is going to be when it hits us. it's gonna be too late. well, that's the thing, you know, stay the brains. a great point when you ask the american people, what's the number one thing that's the most important to you, the economy is always at the top. it's actually beating national security. and yet we're, why are they not connecting $33.00 trillion dollars to the economy? did they not think it has an effect on it? and why are we not doing the messaging? cuz once again, it's a messaging. why is there not an effective message about how you connect it and who to put the blame on? well, partly because we are economic imbeciles in this country is like the words, they're all like that. i mean the bustle, we're like the guy who says i can't be overdrawn at my bank are still have checked to my checkbook, and that's exactly where we are as a country. and unfortunately, that's where our congress is there not any smarter than the american people that

are looking at high gas prices, high food prices, all the economic issues that are bearing down on us and, and they're not focused on it. we just have elections that not recently in, in the us where abortion is the number one issue and, and that's not affecting anybody economically accepted portion providers on that side. well, that's it. so what is it going to take when we talk about what is an economic, as you know, i mean what it economically is going to make the american people wake up and go, you have no money, you are broke. i think the last iteration we had of something like this may have been the occupied wall street. maybe it was that sort of movement where you were really more concerned about what's happening in the economy. but i think that the american people to pick it back off of what sees that, you know, the american people gives these politicians a pass. and as we know, the politicians are in units. and when it comes to our military space, or the republican or democratic republicans, or a democrat, which is why $808.00 plus $800.00 plus $1000000000.00 budget. that the pin that the

d o d has 800000000000 and no one is saying, well wait a minute, maybe we should pull back on some of our military spending as we continue to see over and over again. the calls for more money, more money. but nobody just asked for a 100 and what 16 or so $1000000000.00, he's probably going to get a good portion of band. wow. how much of that military stuff is missing because even to account for what we've given them? yes. is this why we're seeing such a hesitation by send or type of bill out of alabama to actually approve some of the military sort of to say we need some accountability not only in the leadership ranks, but also in the spending. steve, are you saying is the more tit for tat with him? you know, he's, he's a little hacked off and he's trying to get, get some payback. yep. my favorite me is the little kid that's reading a story from school of jayden has $2.00 and he's got $0.35. and how much of it is nichols? how many pennies? and this concludes at the end is jayden broke. americans broke and nobody's paying any attention. but line a we've been pro for a long time. are other countries just printing their own currency now,

or is it backed up by something i mean, the british actually stopped using the gold standard and 1931. the us followed suit and 1933 and a bad at the goals that are completely by 1973 is this just happened in united states or other countries making this kind of i was a grave mistake. a line. oh, i'm sorry. are you? i see me, yes. oh, speaking of imbecile accepted, and i say you, i got to say something very quickly because when one of our colleagues said something, which is true, americans always say it's the economy. it's the economy with the economy. it's one of that gas price goes up, or when i'm back, but let me just say something. we're the same country still walks around without mans double mass in cars by themselves. don't understand because it is done. it's throw the spanish simply wanted to. and yeah, there was

a huge fraction of people who don't know this. as i asked the question again, and you expect them to understand the recondite and archangel watches of economic factors. it comes down to simply this america is in a coma. and when it's wakes up along with joe biden, it's going to be too late. believe me, you, we all know which true when did happened? that's the quite after the break, when the majority of a large countries are in debt to benefits, stick around the there's no end in sight over how you're going to continue to destroy the earth. is

the case for the madness of the people. i tried to go to the gym, but i'm certainly not ready to fight russia. this is also of soon. this is the 3rd world will receive re washing as for so the funder line likes to say, we have the tools while we just start with stability and business deals to living on line. we have very close propaganda. you know, a price here in new york. i think we don't know the aftermath any time that you're not allowed to ask questions, you should ask all of the questions. some more questions ask the better. the answer is, will be the with the discovery of the new world, at the end of the 15th century, there appeared atlantics, laved ray. the slave traders from european countries started building fords on the western coast of the african continent to transport the african inhabitants to

america to be forced into hard labor. until the middle of the 17th century, portugal had played the main role in the said process business. then great britain, france and the netherlands took the leadership for this fan of 400 years of legal and illegal slave trade. about 17000000 people were forcefully shipped across the atlantic. not including those who died on the way due to unbearable living conditions. modern historians estimate that for each slave ship to america, there were 5 who died while captured during transportation, and proved obliteration of rebellion. this roof was the old phrase practiced by the leading european countries, took away tens of millions of african lives. the organization of united nations class advised the trans atlantics to laved rate as one of the greatest human rights

abuses in the history of humanity. this is the biggest act of deep orientation of people ever seen by mankind. the welcome back on sky. now hughes, you are watching the 360 view we're discussing, the continued rise of national and international debt with our panel, political stripes and ready host malik abdul political commentator, radio host, steve gill, and from afar in new york city, media analyst, wine online. oh, i am going to hook, keep you on because i want you to finish your answer. i do want to ask you about the importance of being off the gold standard right now in united states have been off it for 30 years. is that not concerned? who am i the only one that is worried that there is nothing backing up the pay per dollar and my wallet? nothing but there is nothing practical. but let me let, let me give you

a statistic. this one kills me and, and this goes back to the notion of the loan, which is, which is a great question. you could go country space. this is a low logic going to the mafia and get loaning money. is it is this alone? yes, this is a little bit if you don't pay it back, we'll break your. you know that between 20202021. the small business administration gave about $790000000000.00 and p p. so p p, p alone. remember that 790000000000. ok. of that, how much do you think was forgive it? 757000000000. i mean for an yeah. then they just started it. it, they created it. they went right this to some data input. they created it out of somewhere due to the fed moved in vaults of gold. so and then they created to remember your friends. i remember all of us are old. and remember during your wrap for the tons, tons, and i'm not using this as the kids use it,

but actual times of $100.00 bills on pallets that were sent a distributed and large interact 304800 tons con. oh, ash we see this and here we are 4 of the brightest minds on the planet. discussing the minutia of gold standard, bretton woods weatherford, carmen c. a s t r's. the average american who by the way still runs the show not us. how does it a clue or a concern, and if they need to, by the way, but it, and i'm at that age this year, the 65 social security entitlement. where that how does that come from? i don't know, so long as i get it. that's your problem, young and we live in a world may please. what in g baby is when ready?

you say live on in the world, the monetary make believe it's in there for us. we just create it and, and, and how that, how that final moment is going to, to play out. i have no idea when we run out of stuff when there's no gas, there's no water, it's farm, but again, i don't know what up till now. american said, are we a body tissue? it bookkeeping us, hey, there is no tick, tock, game, or touch it. nobody is it's, it's not that they don't care to friends, is that i do think they are able to really grasp lives. that might be the best that to the ground. well, and we saw how crazy people went over toilet paper just in a crowbar so they couldn't get, i can only imagine when they can't get things like milk and water. but steve, what effect is of inflation to people even understand inflation? or they just say, well, it's gone up a few cents. oh, well, okay, i'll still pay it. is it really registering to him that everything is going up a few cents? and what effect is that having on not only national global,

that it doesn't even register at the bite and white house they've claim 1st that there was no inflation didn't, they could control it, then they had conquered it. and now they're claiming that by nomics is working, the white house this week claimed again the economy is booming with, with nobody else believing it when they see the gas prices and, and to live those point on the gas prices. one of the reasons gas prices do connect to americans is because of science on every corner tells you exactly the price. if it goes up 10 cents, 20 cents 40 cents goes down 30. we know if they had grocery prices that were on billboards, around town, people would have more of appreciation of what inflation is doing to their pocket book. and that's the question for you. is this having affect our, our average american seeing this affect their daily lives? or are they still able to hide it with credit cards and other forms of it's not really registering them, but there's actually less money in their bank account today than there was even a year ago. so there's a surprising thing or maybe not so surprising thing that's happening now. we're actually seeing voters. if you look at the polling numbers for jo bite,

and they're saying that republicans would be better on the economy of jo bite. and this is after joe biden's bite. and nomics, does anybody remember the bite and number? bided nomics that actually is now translates according to the administration by the nomics means that the defense industry, the weapons manufacturers are making a killing. and that is what they're using as a gauge for the economy. i think that the american people with those numbers show it because it's one thing, most of us don't understand inflation g, d p, consumer price index, nobody understands that. but they do understand and i was just having a conversation this morning. i understand when i go to the store, that the price that i pay for my very favorite chicken wings, they're up then what they were probably just a few months ago. it matters to me and i'm not, you know, i'm not in poverty or anything like that. but even i am concerned about the price that i am paying for meals for egg for um, you know, chicken, all of those type of things that we do. this is what people are feeling and we're

seeing there was an impact of that in the polling, which is why democrats are concerned about what's happening now with the joe binding. 2024 can't buy on the deception of when you go to the grocery store, the cereal boxes are smaller, but the prices are higher. so that everybody's it on the scale. and this up, my cool raise to read all the bad. you have little or so and do you agree with the bottom? is this just a part of it? this great one great big deception that's working not only between the government, but now we're saying private business. are they in on it together as well? you know, you, you said something right now, 1st of all, of the entire population. and there's wonderful world that we live in. how many people do you think even vote and of the people who vote how many people know what they're voting for? here we're in new york city, we think we had an early election and i thought, okay, fine, less than 2 percent of the people should have early election. by the way, let me explain something to a speaking of elections, and i don't know how to say there's, but, you know,

and i know that if worst comes of work at whatever is, well, i'm saying that progress, they're gonna steal this thing legally. now understand something, you're going to the average american and you're going to say, i want you to trust me a monetary policy. even though i can show you pictures of people stealing votes by lab bowers and, and i don't know what to do. i can have you show indoctrinated, stole drain or wash during cold, but that every night at 7 pm you'll open up the window like some barking, c o r r r, and your stake for your move something or whether you'll blow trumpets, you will stand 6 feet apart, i will deny you the chance to go to funerals and i can control you. i will scare you. i will freak you out. it doesn't matter. i can't control you. and the last thing i'm worried about is you ever come into the position of your wife?

will you understand monetary policy or better yet that you force us to do something to do you know how many times jim jordan has had? how and how many hearings he's had. one thing he's accomplish fasick. then one thing from the front, from the hunter, bite and laptop from hell that they have you ever see john? john? young kennedy has all these funny thing. we all so, but i have, you know, we know how many of those lousy judicial nominees were important upper end for joey . all of them. we leverage and this is n world where we think we know what's going on. we haven't a clue. and let me also see, so we very quickly after 17, forgetting 91112 with the 7. the great reset is here, you know, who's running the world m b s. has bola read? who sees the alex so brigade the drawers and not us? not it has changed. so oh, maybe we'll not now the,

we're not running the world anymore. we can figure out maybe about monetary policy . but the world pre october 7th is not the same world now. it's changed that fast and the average american had a close, but not a clue, but yes, i'm going to bring us back down because this is talking about national debt malik on this side of it is to your point. it's going to cost united states. we both to things we give a to these countries. what is the interplay you think between international 8 and national that, i mean, the united states gives the most a to most countries around the world. what exactly do we get for our investment? well, if you listen to, for instance, our treasury secretary, who said when we're talking about whether or not we'll be able to afford um, supporting both ukraine in the israel. what are, what are on treasury secretary said is, will be able to fund it. and definitely that is, that is the position of the united states, and we incur a lot of this debt. a lot of the conversation now that people are having about

china basic. oh china, you know, it's, china is like russia, you know, the big, the boogeyman in the room. so if you say china, china, china, but what politicians are actually talking about. um decoupling any of our in in will engage minutes website and no one is talking about divorcing our sales from china in any type of constructive way. china who holds a lot of our debt. no one is pushing for that at all. which is the point, is there a line, is there a red line when a country is considered to be cut off from occurring more debt from their borrowers? is there a time to china and japan? look the united states and say, nope, no more. are these private investors? why are we still loaning money, a sense of blowing we're going to do the india when and when they're doing a space program. i mean, they're not destitute and impoverished that they're sending rockets towards the middle. so is it our fault? our american stupid recalibrating, the bad decisions that i don't want to keep appear beating on tim scott. but he's also the one that tried to justify ukraine spending, not only because it was a loan, but also because it's really coming back us because all those weapons and munitions

are buying or being bought from us. so it's really good for us to give hundreds of billions of dollars that we borrow from the chinese to the ukrainians of idols. that how you see it. this is a good thing is, is that, are people actually buying that spin right there, that we should give aid to countries because it's ultimately going to come back to us. and is it really coming back to us? yes, but it's got a you, you, us the best question to lead all the question interest and you said is, is there a point where a child or somebody would say this on their, this isn't the way to, to, don't know they're, they're, they're not a good uh, a good up, a bargain or a good them, but as long as we have the most efficient tax collection system we're, we just announced the world $80.00 a $100.00 or new agents out there when we still have a lot of a real property. so we are, we are a read dead or people will always come to us. we've got stuff. however, what do we produce? let me just leave our, our friends with this. what, what do we produce? what is our collateral? what ideas? what uh, what do we produce?

we can do oil of co, uh, copper in timber. right. and a goal, the railroad. what do we do now? we produce great. we produce great conversation like this and i want to thank again my panel for joining us today. went by really quick little strategist and read your hosting. like i've built it or commentator and read it has steve gill and of course the very quiet and dom, your legal and media analyst line. all we hope to have all 3 of you back on with us in of running a country is that cheap and well, it would be nice to think of a government just like a business. it is almost impossible considering the amount of charity. one might say is larger than the amount produced, any business or even household which was run like a federal government would quickly find itself either divorced or in bankruptcy. sky, no use and this has been your 360 view. thanks for watching the

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the devastating is ready. asteroids kill at least 50 at the refugee comp. incense, and because i am a strong eunice in the south, according to revolt. it comes as the idea of says it's glen folders, have it listed as the idea of times the reports of the open fly in the ambulances. i'm a new, an agency. tense is where i ordered it to fill out to medical supply from cost me here for my spends. but i think the problem was how to prevent access to such a such warehouse. this is also an attack on health like it is to shoot that an ambulance or a to attack a hospital. no doubt that the us provides fuel for the war machines and all our

support furniture.