GM PV

frens.

Have a great day.

In the news:

Druckenmiller estimates the true debt is more like $200T once entitlements are taken into account.

So, Social Security is more like Social Insecurity.

These amounts will never be paid.

https://finance.yahoo.com/news/billionaire-investor-stanley-druckenmiller-says-005710706.html

#Bitcoin

#btc

Stack sats frens

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MorningπŸ˜Šβ˜•

They will either not get paid (hard default) or they are fully paid with weaker dollars (soft default)

In either case the outcome is far less purchasing power than expected