This shit is exactly what Greek politicians told us. I understand America is different because of the dollar being the global reserve currency but still..... @thefinn @Paleface

RT: https://nicecrew.digital/objects/e7039095-baab-4115-aff4-2c6648edeaee
@Kalogerosstilitis2RevengeoftheJunta @Oven_Operators_LU_88 @thefinn @Paleface every time the dollar loses velocity or other currencies are used for global trade it sends entropy ripping back through the fake and gay american economy, one that needs other countries to take the brunt of our money printer, if the petrodollar reverse tribute system dies you will probably see some of the worst hyperinflation in human history
@multiversal_gangstalker @Kalogerosstilitis2RevengeoftheJunta @Oven_Operators_LU_88 @Paleface I think the past 12-24 months has started that process.

Idk if it'll accelerate, or what the outcomes really are - we've never seen this kind of system fail before, let alone in this way - but it'll be devastating once the reality of the dollar is exposed.
@thefinn @multiversal_gangstalker @Oven_Operators_LU_88 @Paleface My finbro buddy agrees with Bessent because of the upcoming digitization/tokenazation. I asked him if the blockchain can generate fertilizer and tungsten or rare earth magnets. He insists that tokenazation will save the economy and that the world will rush to trade that way, especially china and reopen the trading routes. I asked him if china wants us digital tokens, why are they buying gold every single day no matter the price since covid non stop. He said its for diversifying its normal and it will be tokenized as well, which is true but when i asked why should china accept your digital and not push BRICSpay backed by all that gold he said that because America is too big to fail and nobody will risk it. Maybe he's right. America does constantly suprises. Look at them defeating the ussr after abolishing the gold standard something that should have ended the west but didn't. But i suspect this time it will be different. I think America losing the 2 wars will push a good 1/3 to 1/2 of the world to go with china and not America. I guess we'll see. ​
@Oven_Operators_LU_88 @Paleface @multiversal_gangstalker @thefinn Not really. He's just a believer. He has to be. He's fairly high up in one of the big 3. THE big 3.​
He may be intelligent enough to do his job, but practically speak he cannot deal with the abstract. In this case, we cannot grow out of this crisis, it’s final. No amount of third world shitskins imported into this country can push “muh gdp” up enough through consumerism to close the mandatory spending gap and interest on the debt. Especially not when we have zero actual gdp outputs beyond financial services and AI tech pyramid schemes.
@Oven_Operators_LU_88 @Paleface @multiversal_gangstalker @thefinn That's the thing. They believe tokenization will explode the gdp because everyone will want to be part of it.
By tokenization he doesn't mean turning normal money into bitcoin, he probably means what farmers are doing in Brazil by tokenizing their cows - they turn them into financial assets even though they're still cows in their fields. It's what the Parmigiano Reggiano banks have done for a long time in Italy, but without the need to move the cows around.
@Paleface @Oven_Operators_LU_88 @multiversal_gangstalker @thefinn This is worse than the tulip bubble isn't it? Tokenization of "everything" is a bubble. Probably the biggest on earth. Imagine an outbreak of anthrax on those cows. Oh boy... ​
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@Kalogerosstilitis2RevengeoftheJunta @Oven_Operators_LU_88 @Paleface @multiversal_gangstalker @thefinn
Yes, it's worse because, in the tulip mania, at least you actually owned the flower!

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