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21 sats \ 3 replies \ @TomK OP 27 Oct 2024 \ parent \ on: UK Shows Dangerous Signs Of Socialism Infection Politics_And_Law
Yes. But this cycle debt will be spiraling out of control. That will lead to institutional damage
We always say the next debt cycle will spiral out of control.
But they always seem to manage it.
Not that l am saying l believe in that system.
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It was established 1944 innBretton Woods and is clearly showing growing weekness. The rise of the BRICS should tell You that the new is on the horizon and a big crisis is brewing.
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If they ever get brics off the ground.
Russia pulled out half way on the reserve currency idea.
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