stansberryresearch next big collapse?

I watched 10-15 minutes of it, but haven't been able to finish it yet. It is certainly something that could happen. The USA has gotten way too far off track and we are very quickly losing our place as the top world power.
 
I keep hearing of places like China trying to cut down their deficit, but you don't hear or see much of the US trying to do the same
 
Its a pretty good video reguardless if you are a rep or dem, I watched with an open mind and its pretty scary stuff that sounds very likely
 
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