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techfeudalist /
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2024-11-08 04:32:47

techfeudalist on Nostr: Interesting to see how the 4th turning is coming together. We have the simmering wars ...

Interesting to see how the 4th turning is coming together. We have the simmering wars and the escalating debt crisis to resolve.

If I were Trump, I would trigger the debt crisis immediately upon taking office. No more measures to kick the can down the road. Better to have the crisis at the beginning so that they have the full four years to fix. If the crisis comes later, Trump will own it and it could affect his legacy.

The global reserve system based on treasuries is dying, for the reasons we all know. The future system is either gold or bitcoin with massive price increases to back the debt. There is no other choice. The US has significant influence and could push the dominos towards one or the other.

If it’s gold, the BRICS countries, including Russia and China, disproportionately benefit. They have been building up their gold reserves. If it’s bitcoin, then US citizens disproportionately benefit because most of the coins are held by Americans.

What will it be? Which one will the US start buying and pushing on other countries?

And Trump has so many bitcoiners on his team… 🚀
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