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/biz/ - Business & Finance

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54063170 No.54063170 [Reply] [Original]

America is about to default on its debt and balkanize like Yugoslavia with a bloody civil war ensuing isnt it?

>> No.54063195
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54063195

well.... no, not at all.
this is financial advice.

>> No.54063232

>>54063170
No but its close to Argentina 2001 if the clowns don't manage this crisis and keep attacking stablecoins.

Banks are 20x more dangerous than stablecoins

>> No.54063233
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54063233

>>54063170
If there's something good on television and beer and pot are plentifully. the NPC's will never rise up.

>> No.54063234

>>54063170
They will monetize the debt.
A new, debt free USA will re-open the gold window, establishing a tangible link between paper/digital USD and gold at a certain fixed price/weight.
The USA will spend the gold reserves it has. So will France, so will Germany, so will Italy, India, China...

>> No.54063278

>>54063232
This anon gets it. There are two paths laid before us; an ultra deep recession (could call it a depression, but there is no legal definition for that in the United States) and we'll eventually get over it. The other option is a debt spiral that causes the fed to lose control of inflation and we end up like Argentina or Turkey. I’ll take the deep recession because at least there’s hope for the future, in the other scenario it’s nearly impossible to recover from it

>> No.54063304

>>54063232
>No but its close to Argentina 2001 if the clowns don't manage this crisis and keep attacking stablecoins.

lol its not about fucking crypto,

>> No.54063307

>>54063170
I can only hope. We deserve it for pushing all this perversion and woke gender bs on the world.