Governments owe an unprecedented $91 trillion, an amount almost equal to the size of the global economy and one that will ultimately exact a heavy toll on their populations.
IMO the problem is that governments control the money and can make alternatives illegal. E.g. the U.S. government can and will declare the use of an alternative money "money laundering".
Agree that government money is the problem, and they can declare alternatives illegal/criminal. But they can’t prosecute everybody, and it’s hard to prosecute what they can’t see. Use privacy-centric crypto’s like monero and pirate chain (ARRR), use precious metals as cash, and stop reporting private, personal financial info to the govt criminals who are using that info to attack us.
I believe the debt burden in the West, which has been magnified by COVID, the Wars, et al. are all part of a strategy by the DeepCapitalists to severely limit the runaway growth of capital. See
But it's all fiction! How about we start using another currency, local currencies and other currencies. We don't just need one currency.
It is and isn't a fiction... you are right that we need to begin diversifying but a dollar collapse would have real world consequences..
IMO the problem is that governments control the money and can make alternatives illegal. E.g. the U.S. government can and will declare the use of an alternative money "money laundering".
Agree that government money is the problem, and they can declare alternatives illegal/criminal. But they can’t prosecute everybody, and it’s hard to prosecute what they can’t see. Use privacy-centric crypto’s like monero and pirate chain (ARRR), use precious metals as cash, and stop reporting private, personal financial info to the govt criminals who are using that info to attack us.
"Debt burdens"
I believe the debt burden in the West, which has been magnified by COVID, the Wars, et al. are all part of a strategy by the DeepCapitalists to severely limit the runaway growth of capital. See
https://peterwebster.substack.com/p/the-1-may-have-a-plan
The <1% May Have a Plan - But it is not good news
The debt burned started due to entitlements the "anti-capitalists" insisted on. The wars are a negligible part.
Waste, fraud and abuse is a nice chunk as well..
True.