The US debt is now projected to be larger than the US economy
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The US debt is now projected to be larger than the US economy
epeakin
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Wait for they implemented negative interest rates.
It doesn’t mean that there is about to be a crash. The Japanese economy has been functioning for decades with debts to GDP levels above 200%.
This is good for bitcoin.
Stonks?
We will be fine as long as price for the ink stays low.
Kindof a false comparison.. overall debt accumulated since inception of the US against GDP of a single year.
I’d wager gross value of the entire economy is still much much larger than debt.
Oh look another “fiat will crumble” shitpost.
Could I take a giant loan and buy crypto with it?
It’s pretty scary how careless so many people are…. it’s like they’ve completely forgotten what happened when the world started printing money left and right before. The human races lack of ability to look at history and not repeat it will be our downfall
Something tells me it’s not gonna work but I’m
not an economist
If the USD crashes, what happens to high paying jobs? Do they get paid more or is it still by USD?
Clickbait, misleading title
It’s hilarious that people think the unraveling of the world’s biggest economies will be beneficial for crypto. It will devastate all asset classes. When the market was tanking, crypto dropped by double the DJIA. Nothing has changed in that regard.
Crypto is still a volatile multiplier of market movements. It hasn’t really been shown to be a safe haven or a hedge yet.
Most countries are also in that same category now, I know mine is
Can someone please explain what this will cause in terms of the markets when the treasury announces this in the final quarter?
We need to raise interest rates and simultaneously implement UBI
Economics. Very epic and fun
By design
Printer goes BRRRRRTTTTT!
A reset of global economy is coming. That’s why no one in the world is concerned about fiat printing.
Lets have a hard reboot, tell all our creditors to f off, and make moons new u.s currency.
C R A S H !
This ends so badly for so many. Mostly for those who had nothing to do with it.
brrrrrrrrrrrrrr….
POWELL: “What?”
Brrrrrrrrrrrrrrrrrrr….
POWELL: “What did you say about the Mets?”
BRRRRRRRRRRRRRRRRRRR….
POWELL: “I can’t hear you?! Have to go. Very busy now…buh bye!!!”
Hold on tight.
So… Puts on what?
Welcome to europe group usa
What could go wrong…..