Will the U.S. Government Shut Down and Default on the National Debt? The Debt Ceiling Crisis

How the potential U.S. government shutdown differs from the debt ceiling crisis. Why Congress is refusing to pass a debt ceiling increase. How big is the national debt, who owns it and when will it be too big.
What could cause an even more serious debt crisis down the road if people lose trust in the Federal Reserve and the U.S. government.

Money For the Rest of Us is a personal finance channel on money, investing and the economy with new videos released every week.

0:00 Start
0:36 Debt ceiling vs government shutdown
3:30 How large is the national debt?
4:23 Who owns the national debt?
5:47 The debt ceiling crisis and current interest rates
6:10 How big is Japan's national debt?
6:52 How the Federal Reserve monetized the national debt
7:13 How debt monetization leads to inflation and dollar weakness

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Видео Will the U.S. Government Shut Down and Default on the National Debt? The Debt Ceiling Crisis канала Money For the Rest of Us