How America's Debt Spiral Could Spark The Next Crisis

youtube
How America's Debt Spiral Could Spark The Next Crisis Independent analyses, ranging from Yale University to the Wharton School to the Congressional Budget Office, have each said that President Trump’s Big Beautiful Bill will add trillions of dollars to the U.S. deficit over the next 10 years. Yet, this year, the U.S. deficit is already exceeding 6 percent of GDP, a level roughly 63 percent higher than the average in the past five decades. And unlike past spikes, the current one isn’t driven by war or economic crisis, leading many to worry. In this documentary, through dozens of interviews with experts including Former Treasury Secretary Robert Rubin, macro investor Ray Dalio and Former Chairman of the Joint Chiefs of Staff Mike Mullen, CNBC's Leslie Picker explores what will happen if the deficit is not reined in. Chapters: 0:00 Introduction 1:27 How we got here 4:17 Market fallout 9:45 Economic ripple effects 13:48 International implications Reported by: Leslie Picker Produced by: Ritika Shah Edited by: Erin Black Senior Managing Producer: Tala Hadavi Camera: Magdalena Petrova, Carlos Waters, Natalie Rice, David Soltis, Leroy Jackson, Alex Bedoya, Mark Aster, Michael Luciano, Tyler Roth, Jordan Smith, Miles Ross, Tara McCurrie, Vincent Castaldo, Marco Mastrorilli, Erin Black Animations: Jason Reginato, Emily Park, Virginia Davies Production Support: Kathy Mavrikakis, Darren Geeter Managing Editor: Lacy O’Toole Senior Director of Video: Jeniece Pettitt » Subscribe to CNBC: » Subscribe to CNBC TV: » Watch CNBC on the go wi
  2025/07/07      youtube

latest news

Equities Hold Gains Ahead Close | Closing Bell

Comprehensive cross-platform coverage of...

  2025/07/09

Salesforce's Head of AI Sees Digital Labor Revolution

Salesforce

"The moment of the digital labor revolut...

  2025/07/09

Goldman asks analysts to swear they won’t line up private equity jobs

Goldman Sachs plans to ask junior banker...

  2025/07/09

Tesla bull Dan Ives responds to Elon Musk’s viral tweet

Tesla

Elon Musk told Wedbush Analyst Daniel Iv...

  2025/07/09

Broken Dreams and Millions Lost: The IM Academy Story

IM Academy sold a dream of financial fre...

  2025/07/09

Trump Says Very Good Chance of Gaza Agreement This Week

President Donald Trump tells reporters t...

  2025/07/09

Hugging Face's open-sourced robots are now yours to own

ロボット

This cute robot is now waiting for your ...

  2025/07/09

House Swept Away in New Mexico Floodwaters

Thunderstorms and the threat of more flo...

  2025/07/09

How On Makes Spray-On Sneakers In Minutes

Can running shoes be made by a spray-gun...

  2025/07/09

Anne Walsh’s Passion Is to Bring More Women to Finance

Anne Walsh, CIO of Guggenheim Partners I...

  2025/07/09

How A24's 'Warfare' Got the Sound of War Right I How It Hits

Warfare skips the soundtrack and drops v...

  2025/07/09

askARK What Would Be The Biggest Catalyst For Bitcoin Adoption?

暗号通貨

The biggest catalyst for individual bitc...

  2025/07/09

Broken Dreams and Millions Lost: The IM Academy Story | Bloomberg Inve

IM Academy sold a dream of financial fre...

  2025/07/09

メドピア株式会社(東証プライム市場/6095)株式公開買付(TOB)お申し込み方法

動画

この動画では現在申し込み受付中の「メドピア株式会社(東証プライム市場/6095)...

  2025/07/09

【SBI証券】「10年に1度」?意外な猛暑関連(7/9)

証券

レポートはこちら WEBリクエスト募集中!(ログインが必要です) ----...

  2025/07/09