The Fed Is Worried About The Economy Crashing...Again

Minority Mindset
•August 28th, 2020
DESCRIPTION
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The Fed says there are two things that could cause an entire financial failure - a banking failure or a government debt failure. So they're doing what they can to avoid a financial collapse.
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The Fed Is Worried About The Financial System Crumbling
0:31 - The fed is freaking out about the economy
1:54 - Jerome Powell is pushing for more stimulus checks
3:02 - Why the Fed is worried about banks potentially running out of money
4:09 - What could cause a potential banking failure
4:52 - How government debt could hurt the economic system
5:53 - Why the national deficit is an issue and why we need to look at how fast our national debt is growing
8:45 - In 2020 our national debt is growing quickly and our economy is growing slowly
9:29 - How is our stock market affected by market conditions
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Video host: Jaspreet Singh
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DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

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