I sure never faced any adversity in my life like being obese useless fuck majority of my life
Show me a chart of USA debt
Again. YOU ARE A SCARED LITTLE BITCH WHO BELIEVES ANY FEAR TACTIC THAT THE TIKTOK ALGORITHM PROVIDES YOU
DESPITE WHAT THE REPUBLICANS SAY, THE ECONOMY IS NOT ABOUT TO COLLAPSE. THEY SAY THAT BECAUSE IT MAKES SCARED LITTLE BABIES LIKE YOU SUPER SCARED BECAUASE YOU ARE A BABY
Stock prices dont reflect living conditions of general population
Sure can i show you the debt/gdp?
READ A BOOK YOU FUCKING MORON
I am not afraid of economical collapse but we ll see what will happen once USD is no longer the only curency accepted world wide.
ANOTHER TIKTOK DELUSION LMAO
Dollar backed up by air vs currency backed up by gold
GOD DAMN YOU ARE ACTUALLY SUCH A SCARED LITTLE BABY
What in any of my messages make you think I am scared of anything. I am just posting what is happening in the world around me
DOLLAR BACKED BY GOLD FAILS DUE TO HYPERINFLATION IN LESS THAN 100 YEARS ON AVERAGE
THIS IS WHY EVERY COUNTRY TOOK THEMSELF OFF THE GOLD STANDARD IN THE 1930S
WHY DID THE GREAT DEPRESSION LAST SO LONG? UNABLE TO PRINT MONEY TO BALANCE DEBT REDUCTION MEASURES BECAUSE OF THE GOLD STANDARD
YOU LITERALLY DONT KNOW A SINGLE THING ABOUT ANY OF THIS
A currency backed by some form of reserves is only necessary to establish initial confidence after some sort of hyper inflation event, usually occuring in countries with most of their debt denominated in a currency that they dont control.
In every other economy, a gold backed currency simply limits growth
Is a currency backed by air a giant ponzi? Yes
Get used to it.
A currency backed by gold is worse in most cases
Get off tik tok
Stop watching tik toks created by 50 year old men in trailer parks
Read an actual book
Reform your opinions
There were 25 people in the starbucks drivethru the other day - the economy is failing
I am still shocked it hasnt failed yet since we barely manufacture anything in the states. All we do have is service industries.
This is typical of developed nations and will only accelerate as artifical intelligence is integrated
People dont want to work especially sub 35 years of age crowd. Still live with their parents fucking off. All wanna be youtube/tiktok infuencers.
Turnover at my manufacturering site is like 75% since covid in manufacturing.
Majority of grinders here are immigrants or older people.
I coach multiple soccer teams and only 20-30% actually work their ass off. Others are fucking off and messing around. That shit never flew when I played sports in Russia or here.