Help! We are 400 Trillion in Debt!! Should I Allocate Money to Bitcoin?
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1 year ago
1.33K
stocks
investing
richmakesyourirch
rich birecki
richard birecki
Bitcoin
counterparty risk
sovereign debt
trillions in debt
trillions
death
With the world $400 trillion in debt, they will either monetize said debt, that's injecting massive inflation and liquidity into the system, which will be sucked up once again by scarce assets, or there will be a profound cascading of defaults amongst countries, and bitcoin as an asset without counter-party risk will skyrocket.
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