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‘It would take a lot to shake investor confidence in US Treasury debt as the ultimate safe asset. If it did evaporate, though, the erosion of the dollar’s standing would be a watershed moment, with the US losing not just access to cheap financing but also global power and prestige.’

https://archive.ph/2024.04.03-202555/https://www.bloomberg.com/news/articles/2024-04-01/us-government-debt-risk-a-million-simulations-show-danger-ahead

BitcoinSandy 1y ago

Why is there confidence in Never ending debt. The worst safe asset ever. Collapse is coming

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Discussion

Zac Reeves 1y ago

Theyl kick that can down the road as long as they can before everyone wakes the fuq up and rearlizes that there escape to this corruption is #bitcoin 🤷🏼‍♂️

BitcoinSandy 1y ago

They will do their utmost to fight Bitcoin’s rise. Attacks incoming

Zac Reeves 1y ago

Bring it!! What dont kill #bitcoin makes it stronger!!

Il ride #bitcoin all the way to ZERO if need be becasue without it we are all FUCKED anyway!! 🤷🏼‍♂️

BitcoinSandy 1y ago

Yep same

halalmoney 1y ago

1. Most people seem to have a very poor understanding of politics and economics.

2. Most people seem to numb their pain and bury their misgivings with good old bread and circuses.