Quote from: cabron on December 28, 2018, 12:27:24 PM

Printing more usd will make it even crash deeper.
This is reason why those market can be so bad and so the 2008 crash will probably happen again. Once they go into Blockchain its going to gradual to head to the adoption. This is where it should be going, the paperless and crypto adoption.

They've been able to push a new 2008 farther and farther into the future by printing more money and generating debt for future generations.

It's a ponzi.

Quote from: rodalutor on December 28, 2018, 12:15:48 PM

Quote from: coolcoinz on December 28, 2018, 12:54:30 AM

They won't be able to keep saving it. At some point the USD will reach the point of no return when people actually wake up and start dumping it to buy goods, metals, crypto, whatever they can just to get rid of the dollar. At this point it will be too late for you to do anything if you are still a dolar holder at that point. Market crashes come suddenly and hit fast. One day it's all fine the next it's people standing in lines in front of their banks, and all ATMs are empty. You wake up, watch the news, and it's all in chaos.

It won't be people that trigger it, it will be countries or banks, the US owes so much in debt to many countries, mostly they're just allowed to renew it for some more time and pay a fee but if this starts to change then the US will have to print more money just to pay their debts and hyper-inflation will ensue.

Notice how they're desperate about profits and corporate growth? If exponential growth stops, the whole system collapses.

World debt is sitting at over 200 trillion dollars right now. The truth is nobody will ever pay this debt.

The FED is cutting a few trillion U$ in its balance sheet, that won't make a dent. World debt is over 10 times multiple of USA's GDP.

Either they'll start a war or cause some other calamity in order to be able to "forget" this debt under some new Bretton Woods agreement.