BREAKING: World debt just reached $225 TRILLION! WTF happened in 1997?

173x #Bitcoin ’s current market cap.

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more political corruption? 🤷‍♂️

Bill Clinton?

could also be Internet adoption. people were going online by the late 1990s.

could also be more social programs/left leaning policies requiring more borrowing

... it's probably multiple factors

We all know what happened in 1971 🤝. But this is insane. What happened in 1997 ?? 🫡

Nothing special, if you look at the line it's just the tail of 1971

The world is fucked!

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We split into a different timeline

Asian financial crisis? Russian default & LTCM blowup?

The Internet becoming mainstream?

Up 10x since I was born 🤯

Was that the moment when the Matrix found out that countries like Russia, Thailand, Indonesia and others aren't actually theirs for taking? Or did the Matrix not realize it yet, but was forced to respond with also printing money en mass after Asia and Russia started it? Was this actually an economic assault from Asia and Russia, and the rest is response to it?

"Matrix" doesn't really apply. A better word is Cathedral, as in the concept of a Cathedral by Mencious Molbug. The Matrix doesn't need to print money or issue debt.

Yes, but Cathedral sort of steals the word from christians. Whatever christianity as a whole represents, I just do not want to offend the few genuinely well wishing and naive christians that there do exist.

And I assume more people in the world know what is the Matrix than what is a cathedral :)

1997, the year I met my wife, although it probably has nothing to do with it... I say it just in case...