Post
Topic
Board Economics
Re: World debt hits new record: good for BTC
by
bohr
on 20/04/2018, 01:49:12 UTC

https://www.bloomberg.com/news/articles/2018-04-18/world-debt-hits-record-164-trillion-as-crisis-hangover-lingers

$164 trillion! That is an awfully big pile of money, but governments think it's not big enough. They keep on borrowing more every year. If there's no crash, it will be a miracle.

Pray God.
Or buy BTC!
Grin

All the world economy is based on debt so I'm not really surprised to see that number, the governments of the world think that they can keep borrowing money without any kind of backlash, but that is simply impossible in fact if you remember bitcoin was created just a few weeks after an economic crash and when a economic crash happens again bitcoin popularity will go up exponentially.