Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin save U.S. from its rising national debt?
by
1Referee
on 16/12/2019, 20:22:57 UTC

The US national debt for the first time passed $22 trillion a big scary number but still under control.

It's not under control, lol. It's not even possible to slow down the debt ticker any time soon. The very fact that people have somewhat accepted that the US debt keeps growing is quite concerning, mainly so with how little they do to hedge the negative consequences as result of that. This irresponsible behavior is why the so called poor stay poor and the rich get richer.

I have last year seen an interview with an economist saying that as long as the US prints money there is nothing to worry about, which is retarded. The more money is being printed the bigger the impact of an implosion will be. It's only a matter of time before that happens. Yes, that implosion could be 5-10 years away, but that doesn't change the outcome. It will drag down the entire world economy.  Undecided