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Investegate announcements from Webtel.mobi (Holdings) Limited, Webtel.mobi Describes Why the High Debt of G7 Countries is a Likely Barrier to Global CBDC and Digital Currency Adoption

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>> welcome to the rock and roll republican national -- >> i love the music in here. >> how to out there? are you ready for tonight? how long will the seats be? you could see there the bonding and the respect the congressman has, thats everything for me. >> you have to say this is far and away the most tepid recovery in modern times. so -- i dont think -- i think he seems like a pretty nice guy but his policies have failed. ♪ >> just getting started here at the democratic national convention. o...

Many months. >> merck short, when you ask him about the plan, he did not say it was going to be deficit neutral. he really deflected on that and i think that may be where this is headed. the republicans say we need growth and we will deal with deficits later. >> bret: long gone are the debt clocks behind anybody talking on the campaign trail. >> one of the things i think will be a test here is president trump continues to say its going to help middle-class people, not rich people. i think there ...

>> merck short, when you ask him about the plan, he did not say it was going to be deficit neutral. he really deflected on that and i think that may be where this is headed. the republicans say we need growth and we will deal with deficits later. >> bret: long gone are the debt clocks behind anybody talking on the campaign trail. >> one of the things i think will be a test here is president trump continues to say its going to help middle-class people, not rich people. i think there will be a big...

Government for the first time in over a generation ran surpluses. washington took in more money in those years than it spent. take a look at this chart. you see those years in which the deficit stopped being a deficit, and instead became a surplus in those were the jack lew years. those were the years that jack lew was in charge of the budget. those were also the years in which debt clocks had to be unplugged because they had never been programmed to run backwards. it was not jack lew alone who ...

In the final three years of his presidency. and it was during those final three years of the clinton presidency when the u.s. government for the first time in over a generation ran surpluses. washington took in more money in those years than it spent. take a look at this chart. you see those years in which the deficit stopped being a deficit, and instead became a surplus in those were the jack lew years. those were the years that jack lew was in charge of the budget. those were also the years in...

Jack lews job in the clinton administration is that he was bill clintons budget director in the final three years of his presidency. and it was during those final three years of the clinton presidency when the u.s. government for the first time in over a generation ran surpluses. washington took in more money in those years than it spent. take a look at this chart. you see those years in which the deficit stopped being a deficit, and instead became a surplus in those were the jack lew years. tho...

Have a great depression. theyll say if you dont raise the debt limit there is going to be a calamity. everything is fear, after 9/11, fear, fear, fear. >> reporter: the u.s. national debt stands at 14 plus trillion dollars. i went to the website that you showed at the beginning of this segment. its sensory overload, its like im going to have a seizure looking at all the running debt clocks. greg: you cant keep up with anything because its moving so quickly. >> reporter: dont even look at it. tur...