Bitcoin is currently at $41,000 each. Something strange is going on with the crypto currency. Even gold and silver aren't that high up to where they had once been before.
It’s not gonna be good. We printed 65% of all money this year, our debt is 130% of our GDP. Things will be interesting. I think countries tend to go belly up around 132% historically.
At the rate we are going its not a question of if but when. Each party is now trying to up the other with giveaways and that cant last. We needed a balanced budget amendment 30 years ago.
It won't but crypto is good anyway because the RMB is definitely collapsing and their capital controls makes crypto the way to transfer money out of the CCP
Bitcoin is currently at $41,000 each. Something strange is going on with the crypto currency. Even gold and silver aren't that high up to where they had once been before.
I’ve got shit loads of artifacts and rare fossils....
Crypto won't put food on the table if the dollar collapses. Brass and lead will.
It’s not gonna be good. We printed 65% of all money this year, our debt is 130% of our GDP. Things will be interesting. I think countries tend to go belly up around 132% historically.
At the rate we are going its not a question of if but when. Each party is now trying to up the other with giveaways and that cant last. We needed a balanced budget amendment 30 years ago.
Why do you believe so? Wouldn't it just keep going higher to the point of inflation no return. There isn't a competing currency.
100%, just depends on what the next crisis is.
Crypto isn't foolproof either, though. Vary your assets for the best chance of preservation.
No, they will keep enriching themselves.
I mean they are printing money like crazy. That being said Crypto is highly volatile.
Do it for sure
It won't but crypto is good anyway because the RMB is definitely collapsing and their capital controls makes crypto the way to transfer money out of the CCP