Debt Ceiling Crisis | What If The U.S. Defaults?

The debt ceiling crisis is taking us closer to the "X Date," the date the U.S. would start to default on its obligations. Many have asked me what would happen if the unthinkable occurred and the U.S. did in fact default. In this video I'll share four things: 1. A brief history of the debt ceiling 2. Ramifications of a debt ceiling crisis that gets resolved 3. Ramifications if the U.S. actually defaults 4. What, if anything, we should do to prepare Join the newsletter: https://robberger.com/newsletter/?utm... ———————————— Video Resources ———————————— Debt Ceiling Chart: https://ichef.bbci.co.uk/news/976/cps... Gov't Bond Yields: https://home.treasury.gov/resource-ce... Treasury Report: https://oig.treasury.gov/sites/oig/fi... FOMC Report: https://www.federalreserve.gov/moneta... Cost of Debit Ceiling Crisis: https://www.pgpf.org/sites/default/fi... CRFB Report: https://www.crfb.org/papers/qa-everyt... ———————————— Investing Tools ———————————— My Book (Retire Before Mom and Dad): https://amzn.to/2MsRJ9B Personal Capital (Investment Tracking, Retirement Planning): https://robberger.com/personal-capital New Retirement (Retirement Planner): https://robberger.com/new-retirement Stock Rover: https://robberger.com/stock-rover M1 Finance $30 Bonus (IRA & Taxable Accounts): https://robberger.com/m1finance-bonus ———————————— Credit Cards & Banks ———————————— My Favorite Credit Cards: https://www.allcards.com/best-credit-... My Favorite Online Banks: https://www.allcards.com/best-online-... ———————————— Popular Videos ———————————— 1️⃣ How to Create a 3-Fund Portfolio:    • How to Create a 3 Fund Portfolio | A Begin...   2️⃣ How I Manage 28 Accounts in One App:    • How I Manage 28 Financial Accounts in One ...   3️⃣ 7-Step Financial Checkup:    • A 7-Step Annual Financial Checklist for 2021   #debtceiling #default #robberger ABOUT ME While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money. I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE) LET'S CONNECT Youtube:    / @rob_berger   Facebook:   / financialfreedomguy   Twitter:   / robert_a_berger   DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mom.