🔥 Register for in-demand workshops for FREE:
👉 100% Discount for FIRST 1000 Thinkschool Leaners 🎁
🤯LEARN Data Analytics, Data Engineering, Management Consulting, and Product Management, Growth Hacking, Linkedin Personal Branding and more.
👆CHECKOUT THE LINK ABOVE 👆
➡️Communication Masterclass:
VIDEO INTRODUCTION: On 1 st of June of 2023, the United States of America was expected to default on its debt!!! and after a long debate of whether they will or they will not, finally the United States has now suspended its debt ceiling and prevented default!! and while most people might think the US default problem is over, what we fail to see is that this is a very very big indicator of the US dollar weakening, and the fact that the US economy is not far from breaking down!!
in fact, if you look at their debt to GDP ratio, while 77% of Debt of GDP is considered to be the limit of safety for Debt to GDP ratio, India stands at 83%, UK stands 99% and US stands at 134%
and if you look at this graph, this is the highest debt to GDP ratio US has ever touched in the past 150 years and today its more than the times of great depression, both the world wars and even covid!! and every time they reached the debt ceiling they have increased it further!!!
and they have increased the debt ceiling not once not twice for the 78 times since the 1960s!!
So even though the US got away again, with Russian aggression, Chineese power and the India’s fast-growing influence, one day United states will default!! and when they do, it will not just shake the world economy but will also be a pivotal moment in the world history which might result in a shift of power!!
So as students of business, it is very very important to study this macroeconomic situation, because this moment will affect everything starting from, world powers to the stock market to every single commodity in the international market!!!
So in this episode, let’s try to understand,
What the hell is a debt ceiling?
Why is so important in the context of US?
What happens when a country violates its debt ceiling?
and in the next 10 years, if the US defaults, how will affect the world economy?
Think School is a Digital School that we all deserved, but never had
►►Check out Think School’s Online courses:
⬇️Our Top 2022 Playlist
Geopolitics:
India is Trapping China -
Oil Giants Crushing Europe -
Israel’s Secret Strategies -
China vs India Military Strategy in Ladakh -
Upcoming US Recession Affects Indian Economy -
Best of Business:
1. Asian paints -
2. Amul -
3. Haldiram -
4. Malboro -
5. Lijjat Papad -
►Books Everyone should read:
1. Sapiens:
Jab Jab Right Hook:
:
with why:
5. Culture code:
6. Hooked:
7. I will teach you to be rich:
8. From Third world to First:
9. This is Marketing:
🎧 Want to buy the equipment we use?
1. Our Laptop:
2. Our Mic:
3. Camera Stand:
4. Mobile holder for stand:
5. Laptop:
✅Study Materials: Study Materials
✅To support our work you can donate here: @thinkschool
#USA #USDebtcrisis #UsAisFalling
#thinkschool #businesscasestudy #geopolitics
1 view
296
109
2 weeks ago 00:14:30 1
Argentina Heads To China For Economic RESCUE As Farm Outbreaks Devastate Export Revenues
2 weeks ago 00:45:15 1
Причины замедления советской экономики в 1960-е – 1970-е гг. // Алексей Сафронов. План А
2 weeks ago 00:06:43 1
What happens when you lose your home at 72 in Amesbury, Massachusetts?
3 weeks ago 00:21:04 15
Ukraine Has Become the European Capital of Illicit Sex Tourism (2010)
3 weeks ago 00:00:57 1
Klaus Schwab: Cyberattack Worse than COVID-19 Crisis - Power Grid Down, Banking Offline
3 weeks ago 00:45:19 1
The Shift Begins: Global Recession and the Rise of a New World Order - Brian Rose & Jim Rickards
3 weeks ago 00:18:31 1
How America Destroyed the German Economy
3 weeks ago 00:40:29 1
Deep State Crimes and the Path of Most Resistance | Kevin Ryan
3 weeks ago 00:52:14 1
The Working Poor | The Price of the American Dream | ENDEVR Documentary
3 weeks ago 00:14:30 1
The Unseen Battle: America’s Middle Class Rent Crisis
3 weeks ago 00:17:14 1
Математика с “Аллиам“/Вопиющая ложь/Пояснения юриста/Сайерет Маткаль/
3 weeks ago 00:13:50 1
Russia Smashes Major Power System & Gas Storages, Iran Brink Of War, Global Trade Is Collapsing
3 weeks ago 00:02:48 1
Save the Rich (Official Video) by Garfunkel and Oates
4 weeks ago 00:20:47 1
What is QFS?!
4 weeks ago 00:15:56 1
Southern US NOW! Floods, Tornadoes, and Devastation | Emergency Rescues and Extreme Weather Chaos
4 weeks ago 00:11:26 1
Scott Ritter Exposes: Behind Israel’s Economic Collapse & Regional Standoff
4 weeks ago 00:13:50 1
Bangladesh NOW! Deadly Storm Claims Lives of 13, Leaves 7,000 Homeless! | Severe Weather
4 weeks ago 00:25:15 1
Why California Has So Many Problems
4 weeks ago 00:11:08 1
Why is it Impossible for LONDON to Save Its Economy? 🌆💰 | Worldview Analysis 🌍🏦
4 weeks ago 00:16:55 1
NEW EVIDENCE Could END Fani Willis’ Career says Alan Dershowitz!
4 weeks ago 00:28:25 1
The Brexit effect: how leaving the EU hit the UK | FT Film
4 weeks ago 00:22:52 1
How Xi Jinping’s authoritarianism is killing China’s economy | Business Beyond
4 weeks ago 01:16:07 1
Veteran Federal Reserve Exec Thomas Hoenig Warns We’re On A Trajectory For Crisis
4 weeks ago 00:14:03 1
“Next Crisis Bigger than COVID“ - Power Grid/Finance Down - WEF Cyber Polygon