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9538944 No.9538944 [Reply] [Original]

And that is baseline scenario, presuming things will stay the same and no recession, which is impossible. Deficit will be -9% and interest rates on bonds will continue to rise.

Looks like Peter "collapse anyday now" Schiff and his kind are finally right about something.

https://www.zerohedge.com/news/2018-05-20/outlook-not-good-goldman-sees-us-dire-fiscal-straits-deficit-hits-2-trillion-10

>> No.9538954

>>9538944
Not really, technology will save it.

>> No.9538988

>>9538944
What if the dollar crashes and is barely worth anything?

>> No.9539004

>>9538944
>sec treasury says he can pay all us debts with a single coin marked at 20 trillion
>bitcoin arrives a few years later
>inflate digital crypto to price of deficit plus debts
>pay deficits and debt with crypto

What’s the problem anon?

>> No.9539491
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9539491

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>> No.9539511
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9539511

>>9538944
>USA deficit 2 trillion $ by 2028
The big banks (and anyone with a BRAIN) have known about this for at least the past 5 years. The fact that GS is publicly stating this is a sign that they are in BTC as a massive hedge. Most of the big banks are or will be. They are going to short BTC down to $1,000 and then buy it and all the best tokens from you for pennies on the dollar. Then they will announce everything and ride the wave to $100,000 and beyond leaving the rest of us in tatters.

>> No.9539530

>>9538944
>

There's no escaping the inevitable.

>> No.9539558

>>9538944
Lloyd blankfein is out by December. Smart man. I'd get the fuck out asap too.

>> No.9539563

>>9539511
the absolute state of crypto kiddies