World is in trouble that's why

[Mrbuck]

The japan holding up with lower rates whole world but question is for how long more ?
The inflation are high so the fed,ecb,boe cant do much rate cuts.
even If they cut rates that has little or no impact over the economic growth.
Everything is bubble all ready so to move asset prices more higher from here it takes 3 times more money printing then it was 2021 "biden fed wild brr"
A lot people give up paying debt because they can't afford to pay it fiat currency has decent stable value if there is no inflation or deflation (deflation is something like a lot debtors will default ) but If there is too much defaults than currency value fall also.
When people don't serve their debt anymore then money losing value fast.
What choises we have left? I think bitcoin and cryptocurrency.
Im afraid to develope any business or build up anything now the situation not scary only for people who are in poverty but it's also for rich ones.
The evidence of this show's exacly the fact that countries wich use to have reputation of good life only few cities or areas in the city doing well If you move out you see harsh poverty.
The dollar will do good If they can get crypto Under their influence that's the main thing for USA.
What the UK canada or au doing to make their country and currency to stand out in this world ? They do absaloutely nothing instead of UK close borders now they should just think how to tax people the way like car insurance works.
Not just UK but i guess all the countries should make like you pay some money per year If you want to stay in country.
(Some fixed fee ticket kind of payment it will including taxes allready If person don't declare taxes himself )
I see leaders only talking and meeting but everything is just on stand by.
Country leaders like dubai Monaco have figured out fast that they have to do things different ways If they want to build up wealthy society.
I guess it's time start treat the countries and societies more like business not just some social structure system where incomes and out comes not in check.
It's time to get your book keeping correct that's the only way to get this things together.
Otherwise Western countries will crash and people with money from asia middle east will come and buy everything and everybody.

[pooya87]

The world is on the brink of another 2008 like catastrophe which is why for the past 2 years the deglobalization, deamericanisation and dedollarisation has been speeding up.
The amount of debt generated is one of the main reasons for all the troubles, the money printed out of thin air with nothing to back it up.
Unfortunately the only solution seems to be a "reset" which is the catastrophe...

The dollar will do good If they can get crypto Under their influence that's the main thing for USA.

What does that even mean?

[davis196]

Japan has tons of debt and very low interest rates, but somehow they have more deflation rather than inflation in the last 30 years.
Contrary of what many people are thinking, I don't believe that there will be a "hard reset" or the USA going bankrupt. The US dollar will slowly lose value and the US debt will get devalued. The people in the USA will become poorer than before, but the devalued US dollar will lead to lower trade deficit and a lower budget deficit in the USA, which is something good. I also don't believe that crypto is the solution to this problem. Maybe the Bitcoin investors will preserve their wealth, but there won't be any major global shift from fiat money to cryptocurrencies.

[WillyAp]

Those numbers only scare people without any (money).
Its only a number, there is no end to it. The people of Japan trust their Government. Thus they can afford to borrow and borrow some more.
The US Dollar is national currency of 11 countries, the printer need to run every day just to replace old and torn bills.

Inflation is a build in feature of the system. People educated in wanting more is good should not complain about it.
As the game works you need to add and not to reduce.


The dollar mount grows daily, still the dollar is more stable than 10 years ago.
Those secondary currencies lost more value than the $.