woodland creature :pleroma_fox_tan: on Nostr: you guys realize that the USA willl be defaulting on our national debt soon, and ...
you guys realize that the USA willl be defaulting on our national debt soon, and subsequently the value of the US dollar will crash. prepare your butts accordingly
people who follow me know i do not generally make predictions like this. there are plenty of people out there who have been saying "financial collapse in 2 weeks" for decades.
no, we have really reached a tipping point. we can no longer maintain the debt. we've reached a doubling of the money supply at least every year now. it will continue to accelerate.
combined with other clearly unsustainable policies, i would say we have about 1 year left. if trump gets in and reverses course, maybe we can save it, but i am still doubtful
people who follow me know i do not generally make predictions like this. there are plenty of people out there who have been saying "financial collapse in 2 weeks" for decades.
no, we have really reached a tipping point. we can no longer maintain the debt. we've reached a doubling of the money supply at least every year now. it will continue to accelerate.
combined with other clearly unsustainable policies, i would say we have about 1 year left. if trump gets in and reverses course, maybe we can save it, but i am still doubtful