{"id":16036,"date":"2025-05-22T09:00:00","date_gmt":"2025-05-22T13:00:00","guid":{"rendered":"https:\/\/grumblingsmedia.com\/newgmweb\/?p=16036"},"modified":"2025-05-24T16:06:13","modified_gmt":"2025-05-24T20:06:13","slug":"u-s-debt-crisis-will-it-end-democracy","status":"publish","type":"post","link":"https:\/\/grumblingsmedia.com\/newgmweb\/u-s-debt-crisis-will-it-end-democracy\/","title":{"rendered":"U.S. Debt Crisis: Will It End Democracy?"},"content":{"rendered":"\n<p>In this episode of Liberty Lens, hosts Big John and Mike ter Maat explore the escalating U.S. national debt, now at 122% of GDP, and its potential to destabilize the economy and democracy. They discuss the recent Moody&#8217;s downgrade of U.S. credit, the implications for Treasury securities, and rising interest rates. The conversation covers the risk of financial collapse, the impact on the U.S. dollar as a reserve currency, and the global economic contagion that could follow. They also examine the lack of political will to address spending, the role of entitlements, and the philosophical threat to democracy if authoritarianism rises due to economic failure. Tune in for a critical look at America&#8217;s fiscal future.<br><br>Join 2024 LP Vice Presidential candidate <strong><a href=\"https:\/\/x.com\/miketermaat_\" target=\"_blank\" rel=\"noopener\" title=\"\">Mike Ter Maat<\/a><\/strong> and <strong><a href=\"https:\/\/grumblingsmedia.com\/newgmweb\/sports-grumblings-founder-john-t-georgopoulos\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Big John<\/a><\/strong> as they discuss the week&#8217;s major news from a libertarian perspective on <strong><a href=\"https:\/\/grumblingsmedia.com\/newgmweb\/category\/clips\/liberty-lens\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Liberty Lens<\/a><\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"ast-oembed-container \" style=\"height: 100%;\"><iframe title=\"US Debt Crisis: Will It End Democracy?\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/eC5XPdaWdeQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div><\/figure>\n\n\n\n<p><img decoding=\"async\" width=\"20\" height=\"20\" class=\"wp-image-877\" style=\"width: 20px;\" src=\"https:\/\/grumblingsmedia.com\/newgmweb\/wp-content\/uploads\/2022\/03\/Mobile-Smartphone-icon.png\" alt=\"Trump\u2019s Tariffs: Liberation Day or Economic Disaster? | Liberty Lens 13 mobile video link\" srcset=\"https:\/\/grumblingsmedia.com\/newgmweb\/wp-content\/uploads\/2022\/03\/Mobile-Smartphone-icon-300x300.png 300w, https:\/\/grumblingsmedia.com\/newgmweb\/wp-content\/uploads\/2022\/03\/Mobile-Smartphone-icon-150x150.png 150w, https:\/\/grumblingsmedia.com\/newgmweb\/wp-content\/uploads\/2022\/03\/Mobile-Smartphone-icon.png 512w\" sizes=\"(max-width: 20px) 100vw, 20px\" \/> Rumble and Mobile users: <strong><a href=\"https:\/\/rumble.com\/v6tramz-libertarian-partys-path-forward-drama-censures-and-growth.html?mref=z1oss&amp;mc=3h1f6\" target=\"_blank\" rel=\"noopener\" title=\"\">click here to view video<\/a><\/strong><\/p>\n\n\n\n<p><strong>Chapters:<\/strong><br>00:01:18 National Debt Overview<br>00:02:16 Budget Reconciliation and Policy Impacts<br>00:04:16 Moody&#8217;s Downgrade and Credit Worthiness<br>00:06:00 Implications of Credit Downgrade<br>00:09:32 Treasury Secretary&#8217;s Response Critique<br>00:13:31 Debt and U.S. Dollar as Reserve Currency<br>00:15:23 Political Dishonesty and Debt Management<br>00:20:35 Debt Servicing and Investor Confidence<br>00:23:46 Debt-to-GDP Ratio and Economic Strain<br>00:29:00 Entitlements and Budget Constraints<br>00:32:19 Political Will and Spending Issues<br>00:34:31 Debunking &#8220;Debt Doesn&#8217;t Matter&#8221; Claims<br>00:40:40 Spending Cuts vs. Tax Solutions<br>00:44:06 Economic Collapse and Global Contagion<br>00:47:33 U.S. Dollar and Global Economy<br>00:48:48 Philosophical Implications for Democracy<br>00:56:47 Debt as a Threat to Liberty<br>00:57:09 Major Threats to Government Stability<br>00:58:09 Closing Thoughts<\/p>\n\n\n\n<table id=\"tablepress-1\" class=\"tablepress tablepress-id-1 podcasttable\">\n<thead>\n<tr class=\"row-1\">\n\t<th colspan=\"4\" class=\"column-1\"><center><font size=\"4\"><b>CHECK OUT ALL OF OUR GREAT PODCASTS<\/b><\/font><\/center><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr class=\"row-2\">\n\t<td class=\"column-1\"><center><a href=\"https:\/\/grumblingsmedia.com\/newgmweb\/podcast-sub-category-listing\/?category=the-big-questions-with-big-john\" rel=\"noopener\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/grumblingsmedia.com\/newgmweb\/wp-content\/uploads\/2022\/08\/BQwBJ_thumb-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" class=\"alignnone size-thumbnail wp-image-1748\" 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-->\n","protected":false},"excerpt":{"rendered":"<p>In this episode of Liberty Lens, hosts Big John and Mike ter Maat explore the escalating U.S. national debt, now [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":16038,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/grumblingsmedia.com\/newgmweb\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n"},"authors":[{"term_id":2132,"user_id":6,"is_guest":0,"slug":"jgeorgopoulos","display_name":"John T. Georgopoulos","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/8ab2df20e24158312c3acf7a2343e195ce4867c8a6b46e4281578908513d8e07?s=96&d=mm&r=g","author_category":"","user_url":"","last_name":"Georgopoulos","first_name":"John T.","job_title":"","description":"As the founder of the original Sports Grumblings brand (1995), FSWA award-winning writer \"Big John\" delivered on his promise of \"All the ATTITUDE you can handle!\" while remaining a staunchly independent voice in the burgeoning fantasy sports industry. After selling the business to fellow fantasy sports OG (and good friend) William Del Pilar in 2012, Big John pursued his interests in comedic entertainment.\r\n\r\nFast forward 10 years, and Big John finds himself back home at Grumblings Media, where he belongs, still bringing all the attitude you can handle!"}],"_links":{"self":[{"href":"https:\/\/grumblingsmedia.com\/newgmweb\/wp-json\/wp\/v2\/posts\/16036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/grumblingsmedia.com\/newgmweb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/grumblingsmedia.com\/newgmweb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/grumblingsmedia.com\/newgmweb\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/grumblingsmedia.com\/newgmweb\/wp-json\/wp\/v2\/comments?post=16036"}],"version-history":[{"count":2,"href":"https:\/\/grumblingsmedia.com\/newgmweb\/wp-json\/wp\/v2\/posts\/16036\/revisions"}],"predecessor-version":[{"id":16068,"href":"https:\/\/grumblingsmedia.com\/newgmweb\/wp-json\/wp\/v2\/posts\/16036\/revisions\/16068"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/grumblingsmedia.com\/newgmweb\/wp-json\/wp\/v2\/media\/16038"}],"wp:attachment":[{"href":"https:\/\/grumblingsmedia.com\/newgmweb\/wp-json\/wp\/v2\/media?parent=16036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/grumblingsmedia.com\/newgmweb\/wp-json\/wp\/v2\/categories?post=16036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/grumblingsmedia.com\/newgmweb\/wp-json\/wp\/v2\/tags?post=16036"},{"taxonomy":"series","embeddable":true,"href":"https:\/\/grumblingsmedia.com\/newgmweb\/wp-json\/wp\/v2\/series?post=16036"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/grumblingsmedia.com\/newgmweb\/wp-json\/wp\/v2\/ppma_author?post=16036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}