most, if not all, have a debt financing market base
Discussion
and Japan is doubly extra, being a cheap funding nation to the US
when you have this level of debt
we've got 45 years now under the belt
we are DONE in the existing system
it's foundational to FIAT
we have a contagion in the bond market
it affects everything
the stock market doesn't go up
there are equities that have borrowed to pay dividends
there are real estate collapses
there are bank base collapses
this is a real contagion across the world
and that will be very problematic
famous quote Ernest Hemingway:
“How did you go bankrupt?”
slowly at first and then suddenly
you are here
rate hiking
we’re in a global depression
BITCOIN BANK fixes it