US Public Debt $27.2 trillion

AngelSeo said:
As always the amount of bullshit in those threads is amazing.
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just because you don't know what we're talking about doesn't means this thread is bullshit,and has no value
you should have a background in finance or economy to know what we're talking about
 
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sadsatan said:
invest in digital coins, buy physical gold and silver, secure your money in real estate
money has no value its just papers, gold and silver is the real money, all banks systems are scamming people.period
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Banks are highly regulated, how are they scamming people?
 
VSYNC said:
It's called fractional reserve banking, and conspiracy theorists have been talking about how utterly fucked the banking system is for years.

I'd guess there's going to be a collapse of the USD and it will have more impact than 10 global pandemics rolled into one.

If the mainstream financial industry collapses in a way much larger than the GFC, then cryptocurrencies will see a huge (HUGE) amount of investment.

Same thing happened in Cyprus in 2013 (leading to the March bull run in 2013) and also in Venezuela over the past years. Mainstream financial collapse = people massively diverted their money into Bitcoin both times.

It will happen the same way when the USD collapses. All the unrest in the US is the catalyst, it will be too much for the US economy to take and will spark an enormous financial collapse. GFC was just based on years of inflating the economy with shitty house loans and look at the global impact that had. This is based on the fundamental value of the USD, or lack thereof.
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I am not sure if in the case of a worldwide economy collapse people would worried about crypto or altcoins, they would worry about how to get food and water and the chances of everything collapsing are high.
 
This is the time when crypto is going to become mainstream, its the perfect time
 
U. S. Is a colony, at the end somebody else will buy it :D
P. S. Joking, the entire world is a colony now, not just U.S.
 
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