So what will happen exactly when the debt market collapses?

So what will happen exactly when the debt market collapses?

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Shmita year proceed accordingly

Debt collector jobs will be the new programing.

It ends in september

Nothing. Can will be kicked, some will die, some will become filthy rich, most will suffer for a while.

He say Gold/Silver will moon and Crypto marketcap will explode higher

Greg breaks his nofap fast

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I understand his sentiment that commodities will moon, but I don't get why he thinks crypto marketcap will balloon when the debt market collapses. Crypto is essentially mirroring the stock market and why would anyone want to hold that shit when they need to pay for utilities, food, housing, etc. I don't see how crypto has any value in that scenario where it's obvious that commodities would have it.

This.

Who is this guy?

>he doesn’t know what assets are
>he doesn’t know assets determine credit
>large cap companies like ms, v, Amex have to pay human bureaucracies
>>crypto doesn’t require bloated bureaucracy because it’s automated


Check mate.

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if we're assuming a case where commodities moon people will still be looking for a way to exchange, and commodities won't be it.

shit as they are cryptos afford something like commodities, that can be transferred electronically.

crypto has no value, except to government. The system is an IRS wet dream.

The debt market simply will not collapse.

I think he is referring to before the Fed buys out the existing holders.
A free market debt market disapearing, in other words. Right op?

Because we are schizophrenic and weak VC’s and babies leaving the market will have to fomo back in once they see relentless DCA’ing at work even through -50% months on end until we create our momentum that breaks the shorts causing upwards momentum

You're thinking too deep.
>muh debt market collapse
>THE BIG ONE
is just a made up doomsday scenario of The Mannarino to keep his fan base on edge and make his own life more exciting.
It's an antidote to the dullness of everyday life.

Because The Mannarino likes crypto and wants to become a billionaire off it so he fantasizes about it in this fashion.

>I'm talking myself into it
>people will still be looking for a way to exchange
That would be "legal tender" (ie fiat money) that you are forced to use at gunpoint. Just like today.

but his biggest hold is Dash...

Interest rates will go back to zero, QE starts all over again, next bull market run, continue until the public starts noticing inflation, and we'll back to where we are now but worse

Liquidity will freeze and institutions will fail, people will lose trust in existing systems, and that is when a new system will be implemented based on trust minimized solutions. Link will moon, other cryptos not needed.