Is the U.S. Debt Ceiling a Scam? What Happens if it is Abolished? - Rick Rule Lays it Out
Rick Rule pulls no punches in his latest interview, dismantling the illusion of the U.S. debt ceiling as anything more than political theater. "Fraud, absolute fraud," Rule declares, pointing to $100 trillion in off-balance-sheet liabilities that no one dares discuss. “The bill is coming due, and millions of Americans will be blindsided.”
He also warns of devalued dollars, inflation that erodes savings, and a grim future where “Social Security becomes an overt transfer scheme, not an insurance program.”
Watch the full interview below to hear his full breakdown and what’s next for gold, Bitcoin, and the global economy.