85: How Debt Could Collapse the Economy
Update: 2023-05-12
Description
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It has been corrected time and time again…but what if the debt ceiling WASN’T raised? What would happen? This week the Trill boys discover the nuances of our complex debt structure, how we might circumvent a disaster, and who is responsible for holding it all up. What is UP with all these old folks in Congress? Plus, a return to Theranos and Elizabeth Holmes’ “rebranding” by our pals at the New York Times.
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It has been corrected time and time again…but what if the debt ceiling WASN’T raised? What would happen? This week the Trill boys discover the nuances of our complex debt structure, how we might circumvent a disaster, and who is responsible for holding it all up. What is UP with all these old folks in Congress? Plus, a return to Theranos and Elizabeth Holmes’ “rebranding” by our pals at the New York Times.
Get the only digital wallets with real cash access, activated by MoneyGram.
Learn more at https://moneygram.com/stellarwallets
Check out our channel page on Apple Podcasts, go to: https://apple.co/trillionaire
SUBSCRIBE to Trillionaire Mindset at https://www.youtube.com/trillionairemindset
Want to subscribe to our newsletter? http://bit.ly/3k4Nfar
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*DISCLOSURE: THE OPINIONS EXPRESSED IN THIS VIDEO ARE SOLELY THOSE OF THE PARTICIPANTS INVOLVED. THESE OPINIONS DO NOT REFLECT THE OPINIONS OF ANYONE ELSE. THIS IS NOT INVESTMENT ADVICE. THE VIEWER OF THE VIDEO IS RESPONSIBLE FOR CONSIDERING ANY INFORMATION CAREFULLY AND MAKING THEIR OWN DECISIONS TO BUY OR SELL OR HOLD ANY INVESTMENT. SOME OF THE CONTENT OF THIS VIDEO IS CONSIDERED TO BE SATIRE AND MAY NOT BE CONSIDERED FACTUAL AND SHOULD BE TAKEN IN SUCH LIGHT. THE COMMENTS MADE IN THIS VIDEO ARE FOR ENTERTAINMENT PURPOSES ONLY AND ARE NOT MEANT TO BE TAKEN LITERALLY.*
Chapters:
0:00 This Week!
0:56 Book Worms
2:14 Personal Development
3:32 Disclaimer and Housekeeping!
5:38 Trill Awards!
7:10 Dianne Feinstein Returns
9:20 Tucker Carlson’s New Show
10:57 Thanks to Money-gram!
11:45 Google I/O’s AI
13:26 US Debt Ceiling Stand-off
16:12 Will We Default?
18:00 Janet Yellen & Extraordinary Measures
21:54 14th Amendment Loophole?
22:50 Ben’s Debt Take
24:13 Yellen Gets The Act Together
27:28 Pressure on the GOP
28:16 RFK Jr
30:41 Election Twister
32:27 The RedHead Kennedy
35:10 Berkshire Hathaway Meeting
38:37 Acquiring and Investing Strategy
42:06 Warren Buffet on AI
43:22 Charlie Munger’s OLD
43:38 Ben’s Big Breakfast
44:16 What to do with Berkshire Cash?
45:16 Elizabeth Holmes New Life
47:18 Holmes Demeanor
51:18 Liz’s Fake It Til You Make It
54:32 Elizabeth “Dazzled”
56:58 Mr. Evans “Jobs”
59:02 Good Bedside Manner
59:32 Emil’s FAVORITE Part
1:02:55 Balto the Dog…
1:04:25 Wrapping up
Chapters:
0:00 This Week!
0:56 Book Worms
2:14 Personal Development
3:32 Disclaimer and Housekeeping!
5:38 Trill Awards!
7:10 Dianne Feinstein Returns
9:20 Tucker Carlson’s New Show
10:57 Thanks to Money-gram!
11:45 Google I/O’s AI
13:26 US Debt Ceiling Stand-off
16:12 Will We Default?
18:00 Janet Yellen & Extraordinary Measures
21:54 14th Amendment Loophole?
22:50 Ben’s Debt Take
24:13 Yellen Gets The Act Together
27:28 Pressure on the GOP
28:16 RFK Jr
30:41 Election Twister
32:27 The RedHead Kennedy
35:10 Berkshire Hathaway Meeting
38:37 Acquiring and Investing Strategy
42:06 Warren Buffet on AI
43:22 Charlie Munger’s OLD
43:38 Ben’s Big Breakfast
44:16 What to do with Berkshire Cash?
45:16 Elizabeth Holmes New Life
47:18 Holmes Demeanor
51:18 Liz’s Fake It Til You Make It
54:32 Elizabeth “Dazzled”
56:58 Mr. Evans “Jobs”
59:02 Good Bedside Manner
59:32 Emil’s FAVORITE Part
1:02:55 Balto the Dog…
1:04:25 Wrapping up
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