Larry Flink (Black Rock):> Interest on the US debt is ultimately what's predicted to destroy the US economy. That debt payments will eventually grow out of control, and the dollar will be abandoned because it essentially turns into monopoly money. A fair amount of folks believe the US debt is already out of control, which is why they're swapping to actual long-term assets like precious metals, nuclear goods, or refinement.
>>61665647Does Finklestein own any precious metals? Or just digital 1s and 0s?
>>61665647>Refinement>This is code for Chainlink (Ticker: Link) btw
>>61665647>doesnt mention cryptoBuy signal.
>>61665647The interest payments as a percent of GDP is still lower than it was in the 80s. They are trying to cause a panic on purpose. Need to ask why.
>>61665647this is the joo that banned white people from working through ESG
>>61669176>as a percent of GDPAll GDP measures is how much money people are spending. As shit gets more expensive, GDP goes up. Great success, economy is booming. Never mind the fact that people are buying the same shit, they're just spending 2x more
>>61665647The Jew is NORWOOD'D! He's BALDING!
>>61665665most of PMs open interest are paper contractsso PMs are essentially 1s and 0s too
>>61670102>PMs are essentially 1s and 0s tooYou don't hold it, you don't own it.
>>61669760U just wanna bitch. You provide nothing productive. No alternative, just repost of a comic seen a million times. Its a comic a joke , not an argument.
>>61665694cope baggie
>>61669176We're running 2 trillion dollar deficits and avg 120% debt to gdp for 5 years now like do people not understand how percents and large numbers work, theyre issuing 80+% treasuries in tbill form so interest payments are piling in and compounding faster like wheres the inflation coming from I dont know, its all the feds fault fucking pieces of shit retards
>>61665647nothing will ever cure our deficit. face facts, american exceptionalism is a lie and the best years were several decades ago. just look at the state of our economy, where the strongest and probably only growth is limited to online ad sales, cloud computing, and trillion dollar data centers for LLM chat bots that can't do shit. it's over.
>>61665647>Buy the top goy
>>61669176Why is no one asking Larry or Jamie Dimon why they both expressed this exact same opinion at the same time? I find that highly curious.
>>61669176Absolutely true. It's because they no longer want to support democratic solutions to global finance and want to go full mask off corporate takeover of world governments probably. >>61672815And yet every time you say this I feel obligated to point out our average maturity is still near highs
