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Former BlackRock exec Edward Dowd: “Global debt is at its peak… and it’s apparent we are at the end”

Former BlackRock exec Edward Dowd: “Global debt is at its peak… and it’s apparent we are at the end”

Former BlackRock exec Edward Dowd: “Global debt is at its peak… and it’s apparent we are at the end” from Bitcoin




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27 Comments

  1. I believe there is something to this. People are going to lose it when they can no longer buy the things they want. I’m old enough to remember when you needed to have money to buy things.

  2. My question is who does the world owe? Aliens 👾? Cuz if it’s other humans then I wonder where they got the money to loan the world. Where is all the money coming from and where is it headed and where does it stop?

  3. I still don’t understand how this is good for btc? Just because the entire thing falls apart doesnt mean btc skyrockets. Perhaps on a relative basis. dollar is worthless so ppl flood into bitcoin for some hope of safety. (which i think is the general idea).

    what if the fiat onramps just increase their fees or create an inflated price of btc to new people looking to purchase during those times?

  4. Probably shouldn’t have taken all the money from the working class, given trillions to Billionaires, then taken out massive debt to enrich the wealthiest even more…

  5. A technological store of value community, that has been historically highly skeptical of fiat and predictions – is trusting this guy… Wtf, why?

    Bitcoin is great but it’s not a solution to money, namely because you gotta buy BTC with *checks notes* money. Or buy really pricey hardware then the accompanying electricity, to hopefully break even after a few years.

    Finance is like cards, easy to play hard to master. Calling a financial system at its end due to debt is at best, hyperbole or at its worse horribly dishonest and fucking dumb.

What do you think?

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