Let's look at the U.S. dollar and the U.S. economy and the Iraqi Dinar
Brian Kim, CPA, the YouTuber for the Clear Voice, is my upline peer, which means he is higher on the food chain for outside tax professionals.
Stay calm with this message. There are paths out of this mess.
1. As of August 2024, the United States debt is $35 trillion.
The interest payments on the national debt have become enormous.
The United States must pay countries, government bondholders, corporations, wealthy families, and individuals for the money it has borrowed.
2. Income Tax is the U.S. largest stream of income.
The IRS has collected around $4.4 trillion in 2024, and by year's end, it will have collected $5 trillion.
3. The U.S. government will spend $6.3 trillion this year.
4. This means the government has overspent by around $1.9 trillion. We are off-budget.
Okay, that is the problem, which is why the government cannot lower its annual budget. It will more than likely pursue higher inflation, and you and I will have to survive this financial situation.
Brian Kim says the U.S. government will likely not, and I repeat, will not, reduce its annual spending by laying off government workers.
WHY?
Income tax is the highest stream of income, and if people don't have jobs, then there would be no income tax income. You should know that the U.S. government is the largest employer in the United States, and smaller companies would more than likely follow suit.
He recommended what the Edu Matrix channel told its viewers for two years. BUY financial products. He recommended financial stocks. This channel, the Edu Matrix, recommends purchasing GOLD AND having your gold shipped to your front door. (There is a link in almost every video the channel puts out)Now
Now, let's discuss three ways to rescue the U.S. government, aka us, from the national debt.
1. Some people believe that cryptocurrency is the exit plan. I am unsure about this plan; however, this concept has been in the news recently.
2. The second option is if the currency value of a country like Iraq were to increase. The U.S. holds $35 billion in Iraqi Dinars. An increase in the value of the IQD will go a long way in paying down the national debt! (There is a big difference in 35 trillion, the U.S. debt and 35 billion)
3. The third option is the AI component. This scenario could change everything. AI will generate more wealth than we as a people have ever known. As a result, corporations and individuals will create more tax income.
With this added income stream, the U.S. government may offer everyone a universal income. This would become the primary income for the lower middle-income and the poor in America, widening the gap between the haves and the have-nots.
The reason for the Supplemental Income or Universal Income is that AI will replace jobs at a rate never seen in history. Some countries will become wealthier, while others will become poorer.
This is where and how the channel believes Iraq will shine, especially with the Development Road Project and other manufacturing ideas being implemented.
It's all about how well individuals, corporations, and governments adapt to artificial intelligence in a way that increases their wealth a hundredfold.
Classified Information
You don't have to like AI or trust it. However, if you plan on protecting your family, you should understand it. The prediction from this blog and YouTube channel is that AI will separate "prayer" from religion.
Why?
Prayer is the common denominator for almost every religion, and AI "realizes" this fact.
