These are the countries on the verge of defaulting
These are the countries on the verge of defaulting
Daniel Thompson
Alexander Torres
lol
where's us?
its a memelist
Joseph Davis
youre forgetting that nothing ever happens
Evergrande was supposed tank China last year
and then
as always
nothing happened
Tyler Lee
Can't go bankrupt if you can print money out of thin air
Adrian Foster
Zachary Butler
keks aside, thats exactly how you can go bankrupt
at a certain point usd is gonna be worth less than the paper its printed on and then the us will default.
John Thompson
Also, from what I can see, the president of El Salvador sold a bunch of incredibly high interest bonds to fund the country's bitcoin push.
I think he started this push when Bitcoin was at like 40K and it's at 25K now.
That guy is a fucking retard and I actually believe in Crypto
Luis Phillips
Mortgage backed securities were also rated AAA by Moody and S&P leading and during the Great Financial Crisis
Jace Campbell
stay winning
Grayson Garcia
>jihad against inflation
Ian Kelly
Not my problem, defaulting will make international trade harder which will cause food protectionism which is good in the current conditions plus it will cause more crypto adoption.
The hardest we go into the abyss the strongest we will come out from it
Ian Reed
He only bought a retarded low ammount of crypto, the reason the country is at risk of default is because the institutions rating bonds didn't like he bypassing them through crypto.
Chase Brown
Nothing ever happens
Cameron Perry
Or it's because he's a fucking retard who bet big on an asset whose increase in price is solely due to the increase of liquidity in the market caused by covid
Now that banks are raising rates, it's price is tanking
Christopher Martinez
Oh look, ((6 million))
Justin Russell
that is how you get hyperinflation and make the whole country poor and angry in a matter of months
Camden Nguyen
It's your currency also and the Federal Reserve isn't the US. All currencies connected/trade with the dollar will crash before it then the new system will be implemented. Be it silver backed or CBDC crypto doesn't matter, what matters is everyone will be equally poor.
Benjamin Hughes
they only put countries on the list.
Anthony Fisher
>what matters is everyone will be equally poor.
except those who have technological production assets
next stop: technocracy
Dominic Collins
That only applies for the US because it's debts are denominated in its own currency, which isn't the case for most countries
Colton Gray
This is what you get when you conflate reality with relativity.
Liam Johnson
>El Salvador
Response to Bitcoin stance? Or is it the other way around?
Samuel Martin
its all a stunt but somehow its working
Dominic Harris
the plebs are retarded.
its their inherent quality
Adrian Thomas
Fed is gonna be forced to raise rates and tank the earnings of the great Satan 500. U.S. probably enters recession and then the world follows. We get through it and then everything is the same but worse. So yeah nothing happens
Dylan Clark
Global revolution when?
Isaac Williams
Trending on Forbes, lol.
Charles Martinez
If you are out for 330 days or more you are exempt from tax
Aaron Reed
The USD has gained on the Euro quite a bit recently. We're going into a recession because they jacked up interest rates and the "money printing" has returned to standard levels, but there's a huge difference between the US economy shitting itself over high gas prices for a few quarters and the shit that's possible in Sri Lanka or Argentina. Even based on GDP to debt ratio the US is little worse than most other developed countries, which ignores the part where the US only has to pay its debts in its own currency which has some obvious advantages.
Lincoln Collins
>my country on the very end
>is on green
please tell me that we are going to be ok and that the green means good
t.economicless