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Home»Analysis»As U.S. Deficit Tops $1.8 Trillion, It’s Proof of the End of the American Experiment: Dave Collum
Analysis

As U.S. Deficit Tops $1.8 Trillion, It’s Proof of the End of the American Experiment: Dave Collum

By ITM TRADING, INC.July 18, 202644 Comments2 Mins Read
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Learn How to Safeguard Your Wealth – 📞 866-706-9061

“I see 2008 without recovery,” warns renowned Cornell University professor Dave Collum. In an interview with Daniela Cambone, he shares a sobering prediction for the U.S. equity market, comparing the potential fallout to Japan’s “lost decade” from 1967 to 1981. Collum explains that the $30 trillion spent to stabilize the system last time won’t be available again. “Losing 70% over 14 years is brutal,” he cautions, adding that we’re already “getting gutted by inflation.” How close are we to the breaking point? Collum outlines why inflation and rising debt are pushing us toward a financial reckoning.

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“ITM did a great job of educating me on the history of the dollar, the financial markets, the banks, gold, and the laws so that I had a better understanding of things.” – Kristen W.

📖 FREE DOWNLOAD: YOUR ULTIMATE DECISION-MAKING GUIDE ON GOLD AND SILVER:

📖 CHAPTERS:
00:00 Inflation
5:30 Gold
9:49 Fake bull market
13:45 Fed and the financial system
21:55 Biggest threat facing the U.S.
25:06 Trump’s tariffs threat
26:43 Banking sector
30:00 Conflict of interests
31:50 Simulation
34:40 Parenting

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    44 Comments

    1. @duanesheets5484 on July 18, 2026 4:38 am

      Eternity's a long time. Better get that religion thing right.

      Reply
    2. @La-Diesi on July 18, 2026 4:38 am

      2008 -2010 was insanely brutal in some industries (like construction, for example). If we're heading into the same kind of situation and without any relief, we're going to see some dark ages for sure. A massive drop in the living standards is inevitable in such a case. I think we're going to see more segmentation of the society with more gated communities, more private security, and basically more segregation everywhere. Some quiet voices are also talking about the upcoming energy crisis, but they're getting laughed at … Staying fit, healthy, and having some handyman type skills could be useful. Great info as always.

      Reply
    3. @troyblackford-dowell1178 on July 18, 2026 4:38 am

      it can be traced back to Modern Monetary Theory and umbrage.

      Reply
    4. @Al.Fer1234 on July 18, 2026 4:38 am

      😊👍👍

      Reply
    5. @filternet.in.1 on July 18, 2026 4:38 am

      31:00 ❤ the whole purpose of life circus, is to humble soul enough that it turns away from world towards God.
      😊
      The origin and destination of journey.

      Reply
    6. @SpaceCowboy1812 on July 18, 2026 4:38 am

      It was Warren Zevon who said "Enjoy Every Sandwich." https://www.youtube.com/watch?v=giTi8KWSZl4

      Reply
    7. @nathanisenhour4420 on July 18, 2026 4:38 am

      False front. Lying to propagate their policies. Ridiculous monopolies.

      Reply
    8. @dbanks128 on July 18, 2026 4:38 am

      If America is done, it's because it was intentionally destroyed by traitors in the white house

      Reply
    9. @CraftsmanJack9950 on July 18, 2026 4:38 am

      Dave Collum is 100% correct, think Japan 1990. Thank you Daniela.

      Reply
    10. @gordongecko8912 on July 18, 2026 4:38 am

      AWESOME!!!! Maybe the only college professor in America telling TRUTH!!!

      Reply
    11. @weeklybullion on July 18, 2026 4:38 am

      This interview is kinda weird. A lot of innuendo. A lot of hearsay. Why not bring on someone from BRK and ask them their opinion, or bring on someone from Dalia’s team and ask them their opinion?

      Reply
    12. @tmangeles7575 on July 18, 2026 4:38 am

      If it declines 20% and goes back up 25% (Dave said 20% but I think he meant get whole, so you are at the same point), plus some inflation so a real loss, you've corrected *something*, no?

      Reply
    13. @SleepDebt-w3u on July 18, 2026 4:38 am

      If America is an experiment, then good riddance looking at its history

      Reply
    14. @sharonfarrelly7146 on July 18, 2026 4:38 am

      This conversation is Spot on…

      Reply
    15. @StuartMB on July 18, 2026 4:38 am

      "Is anything real of which the physical senses are cognizant?

      Everything is as real as you make it, and no more so. What you see, hear, feel, is a mode of consciousness, and can have no other reality than the sense you entertain of it…Jesus taught us to walk over, not into or with, the currents of matter, or mortal mind. His teachings beard the lions in their dens. He turned the water into wine, he commanded the winds, he healed the sick, — all in direct opposition to human philosophy and so-called natural science. He annulled the laws of matter, showing them to be laws of mortal mind, not of God." – Mary Baker Eddy

      Reply
    16. @Bryan-dy4ln on July 18, 2026 4:38 am

      What did he say at the end where they had to cut it

      Reply
    17. @worldtravelerslovers on July 18, 2026 4:38 am

      Daniela and Dave I enjoyed the talk very much!. I ask you to please read the 4 Gospels Books of Jesus Christ (Matthew, Mark, Luke, and John). There is more than enough evidence to understand who God is. The reason why the world has a problem with Christ; and not any other God is because he is the true God.

      Reply
    18. @loft27ss on July 18, 2026 4:38 am

      Right before the election- of course Economy is doing good, that is what you need to hear! Can’t you see mass homeless , outdated infrastructure , crime and zombi-lands ? How dare you to t believe your own eyes but TV😅

      Reply
    19. @cstrebor983 on July 18, 2026 4:38 am

      Thank You Daniela & Dr. Dave !!! Always enjoy Dave's candid out-spoken analysis of finance & geopolitics. On reality vs simulation, a great read from 1991, is the "Holographic Universe" by Michael Talbot, which makes an interesting case that the universe is a "hologram". Great read !!! Unfortunately, Michael Talbot prematurely passed away in 1992, one-year after writing the book.

      Reply
    20. @CSanderson on July 18, 2026 4:38 am

      Damn good interview. Collum is just wicked smart on so many fronts. I just love the way his brain works.

      Reply
    21. @preciousmetals7114 on July 18, 2026 4:38 am

      13:30 FACT!! all those 401's 🔥pension funds.🧨🎆. Social Security 🔥… ouch!!! crooks pirates and drunken sailors 🏴‍☠ ..KINGS PRIESTS & THIEVES in any order ..their all the same …. GOLD SILVER GOLD and more GOLD 👍

      Reply
    22. @cal48koho on July 18, 2026 4:38 am

      another great interview D. It must be a gas to be married to you!

      Reply
    23. @LeishaTedfordDoherty on July 18, 2026 4:38 am

      Jesus is the Way, the Truth and the Life. He offers salvation and eternal life. Opinions don't matter. Reading God's Word fills you with living water and Truth. I love this as an economic channel but to say we are just on average 80 years of simulation is not true. Once you die its too late to be right with the LORD. Believe the Gospel.

      Reply
    24. @WarringHostMakinSatanToast on July 18, 2026 4:38 am

      Way to go, Daniela. Protect your children's souls–it is your responsibility. God raises His children with #1: LOVE; #2: INSTRUCTION; and #3: CORRECTION (yes, a$$ whoopings). If you leave out one of these foundations, your child will not fully operate as a functioning adult in society. This earth is full of the *NO SPANK GENERATIONS. And we're paying the price.

      Reply
    25. @WarringHostMakinSatanToast on July 18, 2026 4:38 am

      "Religion" is harmful because it is man-created. "Relationship" with God, Jesus & Holy Spirit IS GOD'S INTENT. There will be many "religious" souls that will plead with God, "I've prayed, I've cast out demons, I've done many religious things for You, Lord," and He will say, "DEPART FROM ME YOU WORKERS OF INIQUITY…" They will be cast into outer darkness where there will be extreme, extravagant, excruciating torment. Trash religion; TREASURE RELATIONSHIP.

      Reply
    26. @HouseofTheRisingFunk on July 18, 2026 4:38 am

      Dave nails it 100%.

      Reply
    27. @Teresa-w2e on July 18, 2026 4:38 am

      I like this man.

      Reply
    28. @WarringHostMakinSatanToast on July 18, 2026 4:38 am

      Daniela (and all) …do you not see that satan's absolutely corrupted, sick & twisted FINANCIAL SYSTEM IS DEAD. It is so dangerous when you are not listening to God's plans & purposes.

      Reply
    29. @lelocle4262 on July 18, 2026 4:38 am

      I love this guy!

      Reply
    30. @cappstreet1601 on July 18, 2026 4:38 am

      Kissinger said that to be our enemy is dangerous but to be our Allie is fatal

      Reply
    31. @cappstreet1601 on July 18, 2026 4:38 am

      Buffett sold half of his Berkshire stock

      Reply
    32. @WarringHostMakinSatanToast on July 18, 2026 4:38 am

      "Gold, gold, gold…" is BEING OUTPERFORMED BY SILVER.

      Reply
    33. @cappstreet1601 on July 18, 2026 4:38 am

      BofA ceo soldb2.5 million shares

      Reply
    34. @JohnSmith-lf5xm on July 18, 2026 4:38 am

      Had to stop at the simulation BS

      Reply
    35. @brianb6957 on July 18, 2026 4:38 am

      Find the puppet masters.

      Reply
    36. @tenplus1025 on July 18, 2026 4:38 am

      His view of Christianity and mine are similar. Very eloquent man!

      Reply
    37. @chriskirby9408 on July 18, 2026 4:38 am

      "Enjoy every sandwich" – Warren Zevon

      Reply
    38. @rolenrodes1371 on July 18, 2026 4:38 am

      You lost me when you started putting down Ray……

      Reply
    39. @ksquish16 on July 18, 2026 4:38 am

      I would love to see longer interviews. Up to an hour would be just perfect for many of these guests, you can get better depth from them. Bravo and thanks again

      Reply
    40. @ksquish16 on July 18, 2026 4:38 am

      Wonderful interview, bravo to both. Honest, refreshing, clear, with a slightly different perspective in some areas. This is really the best of youtube right now

      Reply
    41. @ksquish16 on July 18, 2026 4:38 am

      We are far more than a simlulation or a statistic, or just a piece of the geological record. You have a soul that is eternal, and part of God within you.

      Reply
    42. @revpgesqredux on July 18, 2026 4:38 am

      Jesus is God ✝️ shroud and sudarium prove it , scientist

      Reply
    43. @revpgesqredux on July 18, 2026 4:38 am

      The attempts to denounce and scapegoat Christianity… Old as the days Jesus walked the Earth… Remember when the post French Revolutionist trying to change the calendar away from the one that acknowledges Jesus… The one that has a 7-Day week etc.
      Arrogant idolatrous hubristic absolutely stupid and Evil clown show failure.. you look at Schwab and you look at Harari and Soros and Gates et al… These guys are even more degraded versions of the Jacobins..

      Reply
    44. @pk70305 on July 18, 2026 4:38 am

      hes my fave on your show……besides you of course!!!!!

      Reply
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