IS AMERICA BROKE?! We Investigate the National Debt Crisis (And Maybe Give Away a Car)

Wait What's a Deficit?

Alright Beast Crew! MrBeast here and today we're tackling something a little different than giving away islands or burying ourselves alive. We're talking about... the national debt! CNBC dropped a report that basically says America's been spending more than it's making. It's like when Chandler tries to buy everything on the menu at a restaurant except instead of a massive food coma we might get... well you'll see. But hey if this gets bad enough maybe I'll just buy the whole country and rename it Beastland! First thing is first. The deficit. The U.S. deficit is exceeding 6% of the gross domestic product a level roughly 63% higher than the average in the past five decades. I know you are thinking GDP? Let's just say that it means it ain't looking good.

Markets Be Trippin'

So apparently big shot investors are sweating. Ray Dalio says there's a 50% chance of 'trauma' in the next three years. Trauma! That sounds worse than trying to eat a Carolina Reaper. Some folks are even selling off their U.S. bonds. It's like when I try to sell Chris on the idea of wrestling a bear – nobody wants to buy that! But the bond vigilantes are here and they are ready to start policing. In short there are too many signs that tell us that it may get bumpy.

Economic Disaster? (Probably Not But Maybe)

Okay so what happens if we just keep spending money like I give it away? Inflation! Interest rates go up and then nobody can afford to buy stuff. It's like trying to sell a t shirt for $1 million – cool design but who's buying it? Also future generations might not get any social services. One Gen Zer interviewed by CNBC is already scared. That's like telling a kid there's no more chocolate! That's a tough one. Not only that but our government may be hindered to respond in the event of an emergency!

National Security? More Like National Insecurity!

Here's the kicker: Apparently our national debt is a threat to national security. I know it sounds crazy right? It's like saying giving away Lamborghinis is a threat to my bank account... oh wait. Anyway a former Chairman of the Joint Chiefs of Staff says that the national debt is the 'greatest threat to national security.' Basically if we spend all our money on interest payments we can't afford to defend ourselves. Plus we owe money to other countries like China and Japan. If they start doubting us things could get messy. It's like owing Karl a million bucks – I'd never hear the end of it!

The Clock is Ticking (Faster Than My Subscribers Grow)

The experts are saying we have less than 20 years to fix this mess. 20 YEARS! That's like five more Chandler videos! After that we might not be able to fix it even with tax hikes or spending cuts. We could just print more money but that could cause even more problems. It's like trying to put out a fire with gasoline! According to Rubin we may be entering uncharted territory. It's time to prepare before the markets force our hand. What are we going to do?

So What's Next? (More Videos Obviously!)

Look I'm not an economist but even I know that spending more than you make is a bad idea. It's like when I tried to give away a private island and almost went bankrupt (don't tell Chris). So what can we do? I don't know maybe we should all subscribe to MrBeast and donate our ad revenue to the government? Just kidding... unless...? Anyway I'm sure we'll figure it out. In the meantime keep watching the videos and remember: 'Anything is possible!' Now if you'll excuse me I have to go give away a car or something. Peace!