Global Debt Hits $184 Trillion and 11.4% of it is From the US: Big Bubble?

[andika2018]

Many economic expert predicting that 2019 will be not good for global economic because recession will come. Global debt always increasing because central banks or The Fed always print money to boost growth and it causing higher inflation. If crisis happen, i am believe cryptocurrency will be a good investment

[magneto]

That's why I don't place any trust in the fiat system. It's solely based on debt, and people's willingness to take out loans.

I don't think this marks a healthy economy even if it appears to be growing, because most of the time, it is just fueled by cheap credit that is available at any bank. It's also why financial crises happen so easily, a default can trigger many others.

Correct me if I'm wrong, but I don't think that this figure even covers all debt (only national debt). That just shows how crazy things are.

Bitcoin offers a safe haven which is decentralised, and completely independent from this debt based system, which is the reason why I do believe in it for the long run. You just can't borrow more bitcoins into existence.

[St4yInTh3D4rk]

This is how the fiat system suck our money by giving loans,make us in debts and causing inflation and again loans this cycle will continue forever if we are still trusting this fiat system in our life.We already have the opportunity to prevent us from any other future damage like crypto currencies but still people stick to the corrupted fiat system.

[cetald]

Due to the fall of the US stock market, a huge number of pension funds may have problems with the payment of pensions. Because pension funds are actively investing in the stock market. And this is a global problem. And the number one threat.

[South Park]

I always like how final Bitcoin total supply is 21 million and US debt is around $21 trillion, I almost want it to stop at there so when BTC is $1 million a coin it will match, but at this rate we are going to hit $22 in no time.

Bond market will probably crash during next decade and I expect a lot of wealth to go towards neutral assets like gold and Bitcoin, and Bitcoin will hit huge valuations by then due how small it is right now.

Debt just cannot be paid back ever, we hit a point of no return, it's just a game of presidents kicking can down the road passing the hot potato to the next guy hoping it doesn't explode during their term.

What can Trump or anyone else do realistically to start shrinking the debt at a rate that can make investors think that it's unironically going to steadily go down?

I agree with the idea that the current debt levels cannot be sustained which means that during the next decades we will probably see the birth of a new economic system and when that happens there is a huge opportunity for those that are prepared to take advantage of it, and I really believe that all of those that are holding bitcoin at that time are going to be in a great position to do it, but what bothers me is that many people that did everything the right way are going to suffer because of the incompetence of politicians.