There is no end in sight. We are not going to stop spending. It's only going to get worse. There will be a point that people say, hey, America is not a good place to invest. It's not a safe place for my dollar. And we're also seeing the brics. These are other countries that are trying to pool their currencies, starting with China, Brazil, Russia. (05:44–05:52)
CLAIM
Asserts that continued U.S. financial practices may lead to a loss of investor confidence.
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