Are We Facing the END of the US Dollar? Must Watch!

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[@stratcaptain66]

They won’t “default” they will turn on the money printer, and allow hyperinflation to set in. They will force the world to drop the dollar and with it the reserve status. So make sure that you keep a minimum amount of “shit tickets” we refer to as dollars and trade them in for real assets. 😉

[@stratcaptain66]

They won’t default, they dont have the balls for that, instead they will turn on the printer and issue more depreciating shit tickets. Hyperinflation will do the rest, kill the dollar and its reserve status. So trade in your dollars for real assets.

[@starsn7974]

Under Trump this will only get worse. People forgot that he had the largest deficit spending of any president in history and increased the money supply by 55% over his presidency. Our children might not be able to eat because I didn’t have enough time to accumulate wealth in the form of btc. Thanks America

[@mydressmemos]

Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?

[@winifred-k9e]

Personally, I would say have a mentor. Not sure where you will get an experience one, but if your knowledge of the market is limited, it seems like a good bet.

[@tatianastarcic]

I’m closing in on retirement, and I have benefitted much from using a financial advisor. I didn’t really start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in over 80% profit than some of my peers who have been investing for many years. Maybe you should consider this too

[@JacobsErick-u8r]

I've been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.

[@tatianastarcic]

My CFA Melissa Terri Swayne , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@LUCIASMITH-d1z]

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@louisahernandez]

The U.S. debt crisis is a topic that stirs up a lot of questions-and for good reason. If the United States were to default on its debt, the impact would be felt globally, not just within America. The U.S. Treasury securities are considered one of the safest assets, so a default would shake confidence in the entire financial system.

[@Liamphotos]

In situations like these, it’s important to take measured steps rather than reacting to market rumors. Adjusting your portfolio now can create a more resilient foundation, so you’re less affected by external shocks. Whether through bonds, equities, or cash reserves, strategic allocation can provide some insulation against market volatility.

[@Kattyol1]

The key takeaway is this: while the prospect of a U.S. default is alarming, there are actionable steps you can take. With proper planning, even if markets get turbulent, you can minimize your exposure and protect your financial future.

[@Theodore-tu5zg]

If you're concerned about the potential impact of a debt crisis on your portfolio, this is a good time to reassess your financial strategy

[@Franky-j6e]

Working with a financial advisor like Joseph Nick Cahill-who has experience guiding clients through market turbulence-could help you navigate these uncertain times. Cahill has helped investors protect their assets during challenging periods by focusing on diversification, risk management, and careful asset allocation.

[@Larry1-pl2wq]

Joseph Nick Cahill has helped investors protect their assets during challenging periods by focusing on diversification, risk management, and careful asset allocation.

[@tammystut]

Our debt load is rapidly growing. The government can either default, pay it back through massive austerity/reduction in annual deficit spending, or inflate it away. I bet it will inflate by printing more US dollars to service it. So buckle up, retirees!

[@patrickjones1392]

The debt is high because we are trying to run a government that doesn’t tax the rich which simply won’t work. We need to get back to 1960s tax rates so we can start running surpluses again. Certainly we can save on the spending side too but it’s the lack of revenue that’s the biggest part of the problem.

[@sheldongardner3150]

Over 50% of tax filers pay little to no federal income tax, and this number doesn't even account for those who don't file taxes at all. This is the highest percentage in recent history. However, taking away this tax break from most Americans would be extremely challenging politically.

[@clementdan9417]

As an investor, I'm concerned about the impact of this debt on the market. it would most likely lead to volatility. To mitigate these risks, I've partnered with a top ranked financial advisor and a hot topic even among financial elitist in lower Manhattan. who has helped me diversify my portfolio and invest in 'real' assets. Our partnership has yielded impressive growth, positioning me to weather economic storms. she helped me rebalance my portfolio for rising interest rates, invest in dividend-paying stocks and REITs, and explore alternative investments like gold and precious metals. This proactive approach has protected my investments, ensuring long-term financial success. I encourage others to consult an expert and create a tailored plan to navigate today's market challenges.

[@richarddamien4654]

​ @clementdan can i get a recommendation?

[@clementdan9417]

Monica Mary Strigle is the licensed advsr I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@jw8968-z6g]

I believe the US has defaulted on it's debt before. More than once. They just don't like to call it that... removal of the convertibility of dollars for gold was a defacto default.

[@markwilson5262]

all governments of the world will be forgiven of debt and TOLD to accept the new system same as the polulation . THEY HAVE YOU ALL BY THE BALLS ENJOY.

[@AnetaMihaylova-d6f]

Very true

[@Helen_white1]

The US economy cannot survive without continuous credit and debt creation. The FED will print more money and the average American will go just that much further in debt. Meanwhile, foreigners lust for the greenback. Their economies are in worse condition than the US... if that's even possible. Someone is going to be left holding the bag...

[@Agatha.wayne0]

Gold might crash in a liquidity crunch, but many precious metal holders are prepared for this and unlikely to be forced sellers. The paper market would tank and possibly collapse. Hearing from an experienced investor who has overcome adversity is motivating. It can be scary when your portfolio turns red, but if you've invested in strong companies, stick to your goals and continue growing them

[@Kin-28-8]

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

[@Theodorebarba]

impressive gains! how can I get your advisor please, if you don’t mind me asking? I could really use a help as of now

[@Kin-28-8]

My fiduciary is Stacy Lynn Staples. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@Thompson-e7h]

Thanks a lot for this recommendation. I just looked her up, and I have sent her an email. I hope she gets back to me soon.

[@davidwebb4904]

Government spending is the problem. Too many $10,000 hammers, $20,000 toilets seats being bought…

[@russellgillick7938]

@@davidwebb4904 Revenue is the priblem. The wealthy aren't paying enough tax if any at all.

[@hanelyp1]

Too much spending to buy favors.

[@Mybwain]

$20,000 on a hammer, $30,000 on a toilet seat,

[@Jack-_-H]

Too many carbon capture projects. How about planting trees?

[@davidwebb4904]

@@Mybwain inflation…..

[@oneillbilder]

The U.S. economy relies on ongoing credit and debt generation for sustenance. The Federal Reserve is expected to increase the money supply, leading to further debt accumulation for the average American. Meanwhile, foreign nations continue to desire the U.S. dollar, despite their own economies facing significant challenges, some even worse than that of the U.S. This situation raises concerns about who will ultimately bear the consequences of these economic dynamics.

[@DavidRiggs-dc7jk]

They do say gold will crash in a liquidity crunch However, many of those holding precious metals are preparing for such an event. So they are unlikely to be forced sellers. The paper market would tank and hopefully collapse.

[@HarrietBemish]

I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.5 million dollars working with an investment coach for more than two years.

[@philipr1759]

How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?

[@HarrietBemish]

My CFA Vivian Jean Wilhelm, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@philipr1759]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@darrenwho]

History tells us how this ends. We all know its coming. The question is when.

[@Psalm144verse1]

Thats their plan all digital money

[@HarryHound]

Brilliant analysis, ThanQ

[@FireTheHoker]

The u.s. has defaulted on it's debt before, in the 70s when they moved away from the gold standard and their currency became worthless.

[@andyirons7162]

Yes, correct. I see that as the first default. The US-Petro dollar agreement was their get-of-jail card in that instance. This time there's NO get-out-of-jail card. IMO, I doubt they'll ever truly/technically default, because its instant suicide and game over. How they'll default is right in front of our eyes ---> inflation and price of gold. They'll print and print and print and print and print and inflation will EAT up the country. Gold will get to $10k+.

[@TheMoney_Blueprint]

Exactly, from the 1971 on they won’t default, they will just devalue the dollar

[@markwilson5262]

all governments of the world will be forgiven of debt and TOLD to accept the new system same as the polulation . THEY HAVE YOU ALL BY THE BALLS ENJOY.

[@daithomas9859]

Bitcoin will be backed by th US dollar.

[@jermainemyrn19]

An issuer of currency will never default

[@Bolero_Son]

Only if that currency is valued by the people who produce and supply the goods to the USA we could say that.

[@alanread4763]

It isn't currency, it's just PAPER and DIGITAL NUMBERS. Just saying!!!!!!

[@ANTREU96]

TRy and explain it to all these "experts"

[@ckdub1888]

@@Bolero_Sonit would be rough for a while. Especially on important goods. The USA has plenty of reserves and resources to get through this

[@trukxelf]

yep when will people understand NOT to compare US system to other nations whose debt is not denominated in their own currency

[@theSTUNTHAMSTER]

Your wrong Guy, taxes do not pay for anything. Spending comes before taxing not the other way around. The main use for taxes is to remove the money that is spent into existence by the government thus controlling inflation.

[@312_Girl]

Hello Guy, Thank you for all you do. I enjoy and appreciate you and Nick :)

[@casienwhey]

Guy, just to clarify one item. The US has defaulted before. We defaulted in 1971 when Nixon closed the gold window. That was absolutely a default because the US had made a commitment under the Bretton Woods Agreement to make dollars convertible into gold upon request from foreign countries. When too many of them wanted the gold and not the dollars, Nixon bailed on the commitment.

[@DonaldStokes-p]

Since the debt crisis could unleash carnage on the stock market leading to economic downturns. We need to be prepared for potential market volatility. how can I secure my $80K stock portfolio against declining?

[@Tonyrobs2]

It may be a good idea to speak with a financial advisor who can help you develop a portfolio based on your individual goals and risk tolerance.

[@viviancarolgioao]

Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.

[@PASCALDAB]

This is definitely considerable! think you could suggest any professional/advisors I can connect with? I'm in dire need of proper portfolio allocation

[@viviancarolgioao]

My CFA ’’ Sharon Ann Meny, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

[@PASCALDAB]

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@ecologitex]

You guys at the Bureau have truly improved my understanding and enjoyment! I love how you explained perennial inflation, emphasizing the erosion of the buying power of money in the context of the world reserve currency and bonds, rather than focusing solely on domestic perspectives of inflation.

[@brad180564]

Good show, a broader outlook.

[@SquidofCubes]

One correction, you mentioned a default would result in a cut in military spending (among other cuts), ha! You can bet that would be the only budget that would increase!

[@KEISENBERG69]

Ceilings can get much, much higher yet 😂 An endless ceiling, until they're all living in a wobbly skyscraper of debt 😂

[@ohiou_2kbobcat494]

While the ceiling matters, who owns your debt determines who a country is beholden to. When your enemies own your debt, you are no longer a government by and for the people.

[@Iburn247]

​@@ohiou_2kbobcat494 thats an American ideology. "Govt for and by the people" isnt every country's mission.

[@geoms6263]

“When goods don't cross borders, soldiers will”

[@thomasarchambault9463]

36 Trillion Dollars now. It’s like jumping off the tallest building in the world, believing that you can pull off a survivable landing.

[@FranticRock]

Anyone who says America can default on its debt doesn’t understand the simple fact that they issue the currency which that debt is denominated in. They can issue more of that currency. Can we have hyperinflation? Yes…. But the default happens through inflation not through any single default event…..

[@AnetaMihaylova-d6f]

It can happen many ways but yes inflation is the obvious one

[@agoogleuser6576]

That's why USD is worthless

[@xyz-pg3zd]

No u

[@Eskeeter03]

Imagine the USD is worthless yet is the world reserve currency. That It would make any country holding US Treasury bonds worthless. The top five countries in the world hold the most US debt

[@xyz-pg3zd]

@@Eskeeter03 how do I profit off this

[@danmur2797]

​​​@@Eskeeter03The problem is that at the same time the currency reserve status of the dollar is being challenged by other countries, mainly the BRICS and global south countries. The dollar has gone from being used in over 70% of global trade transactions in value 50 years ago, to less than 50% today--and falling. Countries like China, India, Brazil, Saudi Arabia, Mexico, Argentina, (largest non European economies) among other countries are already trading things like grains and oil/gasoline in alternative currencies. And even major European economies (that are faltering) like Germany, the UK, and France are not happy with the U.S. with some like France making overtures to the BRICS. That puts the value of U.S. Treasuries at risk. And if countries like China and Japan--the largest foreign holders of U.S. Treasuries aka debt--start selling them off, that will cause inflation in the U.S. We got a preview of this when Japan sold off U.S. Treasuries at a loss a few months ago to stabilize the yen. The U.S. dollar briefly lost value causing a mild spike in moderate inflation. But that was just a few Treasuries compared to the huge amounts they hold. The U.S. can ill afford any crisis right now, even an external one. Its only a matter of time...

It's worthless because Republicans have spent $32 trillion more than we have in taxes . It's worthless because Democrats had to use another $8 trillion to get the economy fixed three times, after Republicans crashed it.

[@theCombinator]

Printing is hidden taxation.

[@STEVEHITTER5909]

Pretty sure the sneeze at around 5:47 had a "dca into qnt" hidden somewhere in there🤧 bless you....

[@cali4916]

Raising retirement age is no solution. Just ask professionals who get laid off after age 50 or so... Ageism is very real.

[@SchmozzleGTO]

"Pale, male and stale" 😢

[@killzoomer]

Thx Guy! Keep up the great work in this channel! 💯

[@brownmunde0072]

There is a huge potential in US govt spending... You have masters of finding those efficiencies in charge

[@_the_one_1]

AMAZING VIDEO!

[@Knife_Collector]

They will just keep printing, so no default will happen. Granted you may need a wheelbarrow to carry your money to buy a loaf of bread, but no default in sight.

[@AnetaMihaylova-d6f]

It is inflation through inflation you smart guy

[@Kranskinator1]

Thanks

[@jburt56]

Debt monetization is ongoing hence inflation which elides the default.

[@JohnDoe-cr6ot]

Guy, you don't need to have some extra expressions. We who knew your work, will click on all of your videos. You are the Boss! 👍

[@Appleloucious]

One Love! Always forward, never ever backward!! ☀☀☀ 💚💛❤ 🙏🏿🙏🙏🏼

[@mikescarborough9196]

So basically, “default” is the moment that the world realizes that the US dollar isn’t worth the paper it’s printed on. So can BTCUSD make it to $1 million? Sure, you can buy a lot of toilet paper with BTC right now!

[@alialameri9912]

Excellent Video ❤

[@Joe-ip9ov]

If the congress can make 10s of millions in thier portfolio on thier salaries why can't the do anything about national debt? You would think. .......

[@hakanatesler]

thank you very much. love from turkey

[@boodgiek8146]

I WOULD FIND OUT HOW MUCH GOLD IS REALLY HELD IN THE USA FIRST.

[@Stonechippa]

The Fed is a building site , empty ! If we owe them money , if they gone so is the debt

[@sdrc92126]

Money is debt. If there was no debt, all cash and dollars would be gone

[@Stonechippa]

@ they are gone . Petro dollar ended 9 th june .

[@DontuseGoogleorWiki]

@Stonechippa interesting - I've just listened to Janine the tarot card reader and she said it's possible that the FED has already been taken down. November 24th Beyond Mystic on Rumble

[@tmoo2251]

Guy, you omitted the possibility of a financial reset by the US government. CBDC's for all followed by a series of currency devaluations. Not the total answer, but could certainly be a part of it. Then, the ease of currency confiscation would be very tempting for government. Imagine waking up one morning to find that the government had implemented a 25% surtax overnight and had taken a quarter of your bank accounts.

[@arnoudvandaveren8323]

It leads to just more quantative easing. And so more asset purchases

[@xumas1234]

4:25 force almost everyone to go bust because they themselves are in high debt... Businesses with little or no debt wont have this big of an issue especially because the ones in high debt will likely have to refinance some time soon in high interestrate environment which they likely cant affort

[@CryptoGent]

smart to cut the commercial in half to the one who edited the video^^

[@derekpalm4256]

Why not explain WHO the US is in debt too

[@hanelyp1]

The government defaults on debt and big banks with government bonds as a large part of their balance sheets break. Depositors are hit in turn.

[@sdrc92126]

SS holds treasury bonds. people won't get their monthly checks

[@nikkion2140]

The obvious elephant is the room is the size of the government that they want to avoid to acknowledge.

[@Seriksy]

Good points, but this will never happen

[@AIgirls365]

Taxes are also for funding UN.

[@SUPERPAIN]

As long it’s their own money, they rather to choose to print more than default.

[@ecologitex]

You guys should to a take on Gnosis and the gnosis pay card.

[@Guerrillaskin2012]

They won't let that happen

[@willjameshamilton6385]

I am not sure why you did not mention the possibility that the US government revalue its gold holdings to be aligned with current market prices.

[@DontuseGoogleorWiki]

There's a wholesale revaluation built into the cake already - HOWEVER IF the US instigate it they might be asked to prove they have 8.134 tons ..........that might be embarrassing. Now if the BRIC's revalue gold they might get away with faking it for another 20 years

[@DontuseGoogleorWiki]

Plus, the revaluation will equate to around $40.000 per ounce

[@fr0gsees]

USD is the "world reserve currency", with the majority of the world's debt denominated in USD (incl Eurodollar, which trumps the amount US issued dollars, by a fairly large magnitude), and is unique in that it can print and issue its own currency...THERE IS [NEAR] ZERO RISK OF US "DEFAULT"...There will however be an ever increasing amount of liquidity, chasing fewer and fewer goods. Government "debt" merely represents the net amount of private savings.

[@AnetaMihaylova-d6f]

You are dead wrong mate

[@abnormal_deformables5707]

We also have over 500 Trillion in assets. We only need about 0.25 return on those assets to cover our debt. Balance the damn budget

[@sdrc92126]

Not really. Student loan debt is the US's largest asset, but otherwise it's mostly bankrupt

[@oooChickenatorXooo]

13:20 Tell me you don't understand bonds without telling me.

[@eddylee3826]

Thats why the world needs a alternative currency ASAP, dollar is worthless

[@trukxelf]

omg why can't you ever show the other side of the balence sheet? Do you understand basic accounting? Wheres the assets? Who receives the interest? Where does this private sector income go?

[@SquidofCubes]

When giving your list of solutions, you didn't mention the options of cutting military spending or taxing the rich... hmm, oh yeah, in America those aren't options 🙄

[@stopper90004]

The rich already pay most of the tax. The top 1 % pay over 35%. The top 10% pay over 50%. The top 30% pay 80%. 50% of americans pay ZERO federal taxes!! The bottom 25 get actual negative taxation (they're given unearned "refunds"/tax subsidies+ a vast pool of welfare benefits for free, such as healthcare - Medicare/medicare - free housing vouchers and food credit cards. Taxation is theft.

[@markg.3171]

100k$ per person you can do an UBI in a smart contract released after 3 cycles locked giving each person 1400$ locked for 12 years in BTC and then after unlock getting 21% of taxes per person. This would pay each user tax 100k plus earning for each citizen 378k$.

[@markg.3171]

You can do this as a newborn stimulus paycheck.

[@lucaslovesyouiii]

How can you default to yourself though?

[@LCTesla]

it won't default. the US owes money in the currency it controls. inflation is the only risk of high debt.

[@tomasrothroth8605]

thanks MR G

[@mwint1982]

when a loaf of bread costs 5T then there is no debt, magic!

[@VikingMarketer]

The sales tax and increasing the retirement age is something a lot of countries have already done. But they could start by firing bureaucrats and possibly use BTC in their treasury to gain extra money and earn yield

[@dougyt_781]

Raising the retirement age only works when there are paths for businesses to employ the elderly. There are not. Agisim still exists in business, despite the benefits of the enormous life experience, work ethic, customer-first focus, and patience the elderly offer.

[@qwertykeyboardwarrior]

How about a popular vote. More than 3/5 of the population has to agree to raise the debt ceiling.

[@emonty62]

How come Argentina or Greece did not print more money before defaulting?

[@xyz-pg3zd]

Hence why they defaulted

[@outcast6187]

10:48 If that was actually the solution then why is it that the USA has the highest debt in the world with the highest amount of immigration in the already?😩

[@Bitcoin21M-z4g]

Buy Bitcoin ! The only HARD asset that can't be debased......Gold is next but you can always mine more gold....Bitcoin is the answer 😎

[@hypnocoachJuan]

Leave it to America to live on credit and be at risk of default...

[@zorangogic4184]

This figure the reviled, how much money really were mismanaged is to be revealed in the future.

[@euphegeniadoubtfire1364]

The US Empire defaults on its obligations? Nothing bad is going to happen to them because they can always rewrite the rules (that favor to them) for everyone else, under their sphere of influence to follow.

[@raymondtay3532]

Enough is Enough bye bye hahaha 😂😂😂😂😂

[@nico-yv9wi]

Debt is only all the externalities that are not priced in such as pollution, social impacts and environmental impacts. The more we include such costs, the more the economy is going to flat out near 0% GDP growth. The US can of course kick the can down the road with more debt but this, and natural disasters which is eroding capital at a growing rate will put the US eye to eye with reality. Bitcoin being closely related to energy (the base of everything in the market) will accelerate this transition because of the limit of 21 million limit. As of right now, markets are in for the huge growth potential it offers but get this, the more the adoption, the less interest in the US dollar. Gladly, satoshi found a money that is not infinite the same way natural ressources are. Just worried about the transition and how its going to affect us all as it could be a very bumpy ride.

[@CathiesWood]

So you're saying they print money, and they definitely borrow money. I don't understand. It seems completely clear to me.

[@DontuseGoogleorWiki]

YES. Your country got screwed December 23rd 1913 on Jekyll Island..... connected to that directly was the deliberate sinking of the Titanic. Learn your history

[@davidwebb4904]

Default on its debt to who? And Amerika has nukes, so not having to worry about the bailiffs knocking on their door.

[@josephkelley3035]

Must of the US debt is owed to it's own citizens

[@Bolero_Son]

. . . . . . to the suppliers of goods and computer chips. . . . .

[@ckdub1888]

@@Bolero_Sonyou do realize we are in process of moving our semi conductor production here. In fact it’s in my city. Phoenix az is building the biggest semi conductor production facility in the entire world. I drive past it all the time. Off the 303 and massive is an understatement. Bigger than some cities and towns

[@adam.wild.]

Stupid

[@bradfrazer4137]

Lol nukes are fake 🤦‍♂️

[@markg.3171]

They need to own 7.7% of the total BTC (1,5M BTC) to pay the 38T on 2041

[@amenlion88]

2028 is the end of financial cycle. That's when economy will crash or default. They just kicking can down the road with a bunch of fear hype for now assets go up and people miss out on huge opportunities because of the fear talk.

[@312_Girl]

The U.S. also helps many countries. :)

[@mughat]

Solution. US buyes 2M bitcoin over the next 3 years. Pushing up the bitcoin price 200x. 2M*200*77000 USD = 30 trillion

[@kbs7340]

Yes and I think Trump is smart enough to do this. Bitcoin is the world’s only hope. If only the people would be willing to go and learn about it. Once you do know, you will never go back.

[@ohiou_2kbobcat494]

Government has guns. Governments will regulate BTC and destroy it like they destroy everything else they touch. We are naive to think they won’t ruin crypto similarly.

[@andyirons7162]

I highly recommend people read the book 'The Mandibles', a fictionalized story about what's a happens when the US Govt defaults on its debt. I'll give you a hint ----> it ain't good. A great read (slow-going first few chapters) ...an eerie and prohpetic novel.

[@Azan_Hyder]

Printer go brrrrr

[@MRresievil310]

It’s going to happen next year.

[@mameafrane1725]

Guy, how r you doing. I think every coin has a lot of debt not just US. USA will never default on loans though. For context, China basically owns Africa as The continent pretty much borrows everything from China. I think Africa owes more than US.

[@ZambeziSentinel]

People need to wake up to this stupid system we born into.

[@hubreydavid7864]

America prints money like toilet paper 🧻 and it's starting to be worth the same value. 😢😢

[@Mybwain]

You can't default if you have a printer

[@jacobschnberg5382]

Very many countries have a debt that is dangerously large. Most EU countries have debt! --- And - Many countries with EUR spend more than decided as the maximum is exceeded

[@LeMeccerino]

broke: default woke: debt jubilee

I know where America can get a quick 900 billion.... Patriots would give it. It's all just sitting there in stocks and options. It will never be spent. That's just 5 billionaires. 5 of them can give us a years budget. And they would never miss a meal.

[@BradleyT2p2]

The US Treasury will be required to issue Bitcoin backed bonds. That means a $1B treasury bond buyer would receive $950M US Dollars and $50M Bitcoin. But the Bitcoin is priced today and proven to exist. So the buyer receives 656 Bitcoin.

[@BradleyT2p2]

That's the only way people will want US long term debt.

[@spaarbeleg]

Print that money baby......one day there wil be a mega mega market crashhh

[@xyz-pg3zd]

And then ?

[@sean-kb4wr]

The only way to pay off the debt is to invest in Bitcoin

[@otobotrecords]

The sack of 1$ bills animation gives the false impression. The dollar bills ought to be on top of one another, not laid flat 2-dimensionally. Do the math.

[@ESODaily]

No, governments don't make money from taxes 😂. Taxes are simply the redistribution of debt to sustain Infilstructure. Try again

[@max55well]

For as long as The US economy stays strong, there is no problem with debt. Debt keeps making money which pays the interest in perpetuity. Nothing to worry about.

[@wadeoliver71]

We have over 100 t in unfunded liabilities

[@jonasbauer3942]

US will never default. Inflation will do it for them and the rest of us will loose value, except BTC holders.

[@AnetaMihaylova-d6f]

Very stupid comment