0 sats \ 1 reply \ @TomK OP 22 Aug \ parent \ on: Debt levels: irresponsible policies are sinking the world into debt econ
you are absolutely right. this will take many more years and I don't see a crash of the dollar in relation to other currencies. the way politics works is to force the debt on others, squeeze in funds, banks and other institutions and buy more time.
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68 sats \ 0 replies \ @didiplaywell 22 Aug
Yes. Exactly. You're at a negligible 1/100 ratio of devaluation of the dollar. Its non existent when compared to ratios as Argentina (1/ 10.000.000.000.000.000.000 - yes, it's a real number-) and look where we're. America can go 100 years in decadence still. That's why bureaucrats are unscathed and undeterred on this path.
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