USD will crash before BTC

[Wilhelm]

Nobody is going to pay this debt, EVER. It's never going to get paid. They will roll over, print more money, throw this to the next generation (it's a ponzi, new people need to keep coming in).

By the time our grandsons read this they will be working most their lives just to pay the FED balance sheet.

The whole system was created on debt and designed to allow for infinite debt (print more and more money).
There is more debt than there was ever money so paying off the debt is impossible.

Watch this...

The biggest scam in the history of mankind.
https://www.youtube.com/watch?v=iFDe5kUUyT0

[Kevin77]

News on economic crash downs are looming out in faster pace in recent rimes, I read in another article about developing countries like India also may face such crashes. Indian reserve bank former president himself had predicted about bankruptcy of Indian economy if they are not regulating themselves. India kind of developing countries are having all enough resources to cope up any economy slowdown and as far as I have concerned India not heavily impacted by the recession in 2008.

Coming back to the topic, USA is having all their enough reserves and a recently I came to know about their gold reserve which is more than sum of world top five economically stronger countries. I do not think US economic will crash down if anything that will be happen then that might be worst scenario than what we had in 2008 (I hope no one could forget collapses of major giants like AIG and USA government's plans of mammoth $700 billion bail out to restore their economy in 2008).

[jademaxxiss012]

News on economic crash downs are looming out in faster pace in recent rimes, I read in another article about developing countries like India also may face such crashes. Indian reserve bank former president himself had predicted about bankruptcy of Indian economy if they are not regulating themselves. India kind of developing countries are having all enough resources to cope up any economy slowdown and as far as I have concerned India not heavily impacted by the recession in 2008.

Coming back to the topic, USA is having all their enough reserves and a recently I came to know about their gold reserve which is more than sum of world top five economically stronger countries. I do not think US economic will crash down if anything that will be happen then that might be worst scenario than what we had in 2008 (I hope no one could forget collapses of major giants like AIG and USA government's plans of mammoth $700 billion bail out to restore their economy in 2008).

This is indeed really true nowadays, USA has somehow shows some initiative by developing and becoming industrialized nowadays as it has been implemented a lot improvements for the betterment of the country. I have seen major increase of fiat currency equivalency meaning the US dollars has gotten stronger lately and it was being felt by most of the countries around the world. The value of US dollars was rapidly growing as it made or possibly one of the factors that contribute inflation rate to other countries as well. But, the stronger US dollar is not really that huge factor of the influence of inflation rate. Well just say 5% factor influence inflation rate of that certain country against US dollar equivalency.

[reactorjuno]

News on economic crash downs are looming out in faster pace in recent rimes, I read in another article about developing countries like India also may face such crashes. Indian reserve bank former president himself had predicted about bankruptcy of Indian economy if they are not regulating themselves. India kind of developing countries are having all enough resources to cope up any economy slowdown and as far as I have concerned India not heavily impacted by the recession in 2008.

Coming back to the topic, USA is having all their enough reserves and a recently I came to know about their gold reserve which is more than sum of world top five economically stronger countries. I do not think US economic will crash down if anything that will be happen then that might be worst scenario than what we had in 2008 (I hope no one could forget collapses of major giants like AIG and USA government's plans of mammoth $700 billion bail out to restore their economy in 2008).

There are some crazy things happening right now in the world. Frankly, the relations between the US and China are getting really bad. Trump is now moving a big part of the manufacturing in Cambodia and Vietnam.
Unrelated to this topic, but please read this about China > https://www.standardmedia.co.ke/article/2001306837/auditor-kenya-risks-losing-port-to-china some concerning stuff going on. Don't know how the world will look if China "takes over" but for sure it could get even uglier than with the US.

[Naida_BR]

The world debt is going to be paid only if new wealth is going to be created. Right now this option is limited. I can't think how we can find new ways of creating wealth (maybe go to another planet and start a business with lower costs(?) I really don't know). What I know is that Bitcoin will never crash, but I can't say the same for USD and fiat currencies. Bankers will create another currency even if USD will crash that is going to cover the already debt that is created and again... the vicious cycle continues.

[jjjfff]

The whole system was created on debt and designed to allow for infinite debt (print more and more money).
There is more debt than there was ever money so paying off the debt is impossible.

Watch this...

The biggest scam in the history of mankind.
https://www.youtube.com/watch?v=iFDe5kUUyT0

That's right.

Debt in a fractional reserve system is the same as printing money.

Create debt, the money to back it up does not even exist, the debt is never paid.

Most people refuse to accept the fact that our economy is one big banking ponzi scheme.

News on economic crash downs are looming out in faster pace in recent rimes, I read in another article about developing countries like India also may face such crashes. Indian reserve bank former president himself had predicted about bankruptcy of Indian economy if they are not regulating themselves. India kind of developing countries are having all enough resources to cope up any economy slowdown and as far as I have concerned India not heavily impacted by the recession in 2008.

Coming back to the topic, USA is having all their enough reserves and a recently I came to know about their gold reserve which is more than sum of world top five economically stronger countries. I do not think US economic will crash down if anything that will be happen then that might be worst scenario than what we had in 2008 (I hope no one could forget collapses of major giants like AIG and USA government's plans of mammoth $700 billion bail out to restore their economy in 2008).

Only the average citizens still haven't noticed the immense fraud we're all living in. Bankers and other financial experts all know what's up and are preparing for another worldwide crash.

Increasing volatility in world markets is a strong indicator of the problem.

Bankers themselves know that at some point they'll have to sell their equities. With every hiccup they start selling like mad and cause flash crashes. Nobody knows when the big one will come, but it's only a matter of time.

Unrelated to this topic, but please read this about China > https://www.standardmedia.co.ke/article/2001306837/auditor-kenya-risks-losing-port-to-china some concerning stuff going on. Don't know how the world will look if China "takes over" but for sure it could get even uglier than with the US.

China is also printing money like mad. The only way they can compete with the West is to play by the same rules. If BoJ,ECB and FED can print debt at will then why can't China? When the debt bomb goes off, China will be in the same boat.

The world debt is going to be paid only if new wealth is going to be created.

That's right.

It's a ponzi scheme. They need more and more young people working their asses off 10x more than in the 1980's to keep the system afloat.

The system requires exponential growth. Growth upon growth, year over year. When this exponential growth stops prepare for the biggest crash in history.

The world is sitting on U$ 250 trillion debt. It's impossible to pay.

They'll either start a major war or find some other way to avoid this debt. Bankers never lose, we do. They'll do something nasty soon.

The financial system is a ponzi scheme.

[Ranly123]

Read this very carefully https://www.marketwatch.com/story/stock-market-investors-its-time-to-hear-the-ugly-truth-2019-01-05

For years critics of U.S. central-bank policy have been dismissed as Negative Nellies, but the ugly truth is staring us in the face: Stock-market advances remain a game of artificial liquidity and central-bank jawboning, not organic growth. And now the jig is up.


It's a ponzi scheme, stupid!

They can't keep printing money forever. The markets are pumped by the FED.

World debt sits at U$ 250 trillion (!!!) right now:

https://www.cnbc.com/2018/07/11/global-debt-hits-a-new-record-at-247-trillion.html

https://www.bloomberg.com/graphics/2018-lehman-debt/?srnd=premium

Nobody is going to pay this debt, EVER. It's never going to get paid. They will roll over, print more money, throw this to the next generation (it's a ponzi, new people need to keep coming in).

By the time our grandsons read this they will be working most their lives just to pay the FED balance sheet.

Let's just face the reality dude. Every nation has their own debt so it is no surprise. The economy of a country will not prospher if they don't as for credit to other country.

[reactorjuno]

The world debt is going to be paid only if new wealth is going to be created. Right now this option is limited. I can't think how we can find new ways of creating wealth (maybe go to another planet and start a business with lower costs(?) I really don't know). What I know is that Bitcoin will never crash, but I can't say the same for USD and fiat currencies. Bankers will create another currency even if USD will crash that is going to cover the already debt that is created and again... the vicious cycle continues.

Do you guys remember this staggering picture?



Or I'll just post the URL link here > https://www.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

Global debt is insane.

[Kakmakr]

They rely on debt being the controlling mechanism over people, because if you own the Banks money, they effectively own your ass and they can control your assets. The wealthy elite make their money off the backs of a debt ridden middle class and the poor people that cannot pay the debt, will just be forced out of the financial system.

They need debt to control you. 

[mriansa]

it seems that it is still not right because usd and bitcoin have a higher demand and have influence is usd, if usd collapses then surely the price of bitcoin will also collapse because many traders will secure their assets by selling bitcoin and withdrawing assets from the place exchange.

[beerlover]

I never understood the sentence "world debt", who does world owe money to? Mars? What does world debt comes down to? Does that mean some countries owe money to other countries, if that is the case does that mean there are countries in the world who combined owed 250 trillion dollars ?

Those countries must be insanely rich right now considering they are owed 250 trillion dollars but whenever I check worlds finance data I do not see any country that much ahead of everyone else, most of the time everyone owes money to each other and there are very few countries that are owed money and certainly not 250 trillion dollars. It just feels like world is printing money more than it can collect and creates a financial instability which creates a broken system that makes everyone owe something to each other until someone can't pay.

[mersal]

Read this very carefully https://www.marketwatch.com/story/stock-market-investors-its-time-to-hear-the-ugly-truth-2019-01-05

For years critics of U.S. central-bank policy have been dismissed as Negative Nellies, but the ugly truth is staring us in the face: Stock-market advances remain a game of artificial liquidity and central-bank jawboning, not organic growth. And now the jig is up.


It's a ponzi scheme, stupid!

They can't keep printing money forever. The markets are pumped by the FED.

World debt sits at U$ 250 trillion (!!!) right now:

https://www.cnbc.com/2018/07/11/global-debt-hits-a-new-record-at-247-trillion.html

https://www.bloomberg.com/graphics/2018-lehman-debt/?srnd=premium

Nobody is going to pay this debt, EVER. It's never going to get paid. They will roll over, print more money, throw this to the next generation (it's a ponzi, new people need to keep coming in).

By the time our grandsons read this they will be working most their lives just to pay the FED balance sheet.

Let's just face the reality dude. Every nation has their own debt so it is no surprise. The economy of a country will not prospher if they don't as for credit to other country.

Yes it is always happen for some time but never ending period will be the answer for this and the when tha value and the reasons for this will be same while it is become normal we can definitely attract and accept that if you do that then it will clear.

[jjjfff]

I never understood the sentence "world debt", who does world owe money to? Mars?

I owe U$ 2500 to my credit card.

Credit card owes U$ 1.5 million to bank.

Bank owes U$ 50 billion to other bank.

Add all this debt up, for all people in the world, for every nation, for every company, for every bank and you get world debt.

Right now this number is over U$ 250 trillion.

Which means even if the USA became 10x larger and USA did nothing but pay debt and not a single other thing, then this debt is impossible to be paid.

How did this debt become a thing?

You guessed it : the banking system lent this money in various ways.

But if the banks lent the money, surely that money exists, right? Right?

Well, no.

Banks are free to lend money that does not exist. Sounds weird, right? But that's how fractional reserve works.

This is how our financial system works: The FED prints magic money for banks who take this money and magically multiply it by lending more than they have.

What happens if everyone had to return this magical nonexistent money to the origins in full? The system would collapse.

That's what's happening. Nobody will ever pay this debt. It's a ponzi scheme.

[1Referee]

it seems that it is still not right because usd and bitcoin have a higher demand and have influence is usd, if usd collapses then surely the price of bitcoin will also collapse because many traders will secure their assets by selling bitcoin and withdrawing assets from the place exchange.

When the US dollar implodes, the rest of the fiat currencies will follow, so people will basically be forced to add value to Bitcoin similarly to how people add value to Gold. I'm certain that people will not even think a second about getting rid of their Bitcoins, because that's the only thing they have allowing them to transact conveniently without having to revert to Gold that's not allowing you to transact conveniently.

Even if people do not believe in Bitcoin, just for the sake of preparing for the worst case scenario, it makes sense to hold at least a chunk of it. It's better to own Bitcoin without needing to use it as worst case scenario money, than to not have it and late figure out that you need it.

[rose9696]

 I think it is normal for countries to have a large debt. We should not overdo this. Currently developed countries such as China and the US are in debt to some countries. But that seems to be their development fee. No one can claim that debt because the US and China have helped many other countries grow. That is the opportunity cost. Do not be too important it.

[creeps]

Nobody is going to pay this debt, EVER. It's never going to get paid. They will roll over, print more money, throw this to the next generation (it's a ponzi, new people need to keep coming in).

Yeah, it will never become zero balance because government will continue to borrow money for some reason and it will doubled the debt, until the next generation. They can print more money and yet the Debt rate is very high. I'm wondering if there's any country that has no debt at all? Maybe none and soon the world financial crisis will happen again. I'm slowly realizing how bad our banking system are, and yet our government still encouraging everyone to use bank, maybe so they can have more money for their own interest and make their business grow while the savers are still poor.

[St4yInTh3D4rk]

I think it is normal for countries to have a large debt. We should not overdo this. Currently developed countries such as China and the US are in debt to some countries. But that seems to be their development fee. No one can claim that debt because the US and China have helped many other countries grow. That is the opportunity cost. Do not be too important it.

Who is going to repay them,who give those debts to all those countries,so who all are we are working under.Most developed countries also having debts and underdeveloped countries too.SO one day the FED bubble will burst and at that time the cryptos might replace it.

[ifinta]

Please consider what this diagram shows

...

You will be able to pay 25000 Pizza for a bitcoin... Or?
...

...

[boty]

This stock market is not very good for trading because they have a platform that is not open and has a game price there is very high so you should be careful when you want to trade there, while for USD when it collapsed, the price of Bitcoin will also collapse because some people who buys bitcoin using usd will sell bitcoin and save its assets in USD.

[indrakusumaindra]

Read this very carefully https://www.marketwatch.com/story/stock-market-investors-its-time-to-hear-the-ugly-truth-2019-01-05

For years critics of U.S. central-bank policy have been dismissed as Negative Nellies, but the ugly truth is staring us in the face: Stock-market advances remain a game of artificial liquidity and central-bank jawboning, not organic growth. And now the jig is up.


It's a ponzi scheme, stupid!

They can't keep printing money forever. The markets are pumped by the FED.

World debt sits at U$ 250 trillion (!!!) right now:

https://www.cnbc.com/2018/07/11/global-debt-hits-a-new-record-at-247-trillion.html

https://www.bloomberg.com/graphics/2018-lehman-debt/?srnd=premium

Nobody is going to pay this debt, EVER. It's never going to get paid. They will roll over, print more money, throw this to the next generation (it's a ponzi, new people need to keep coming in).

By the time our grandsons read this they will be working most their lives just to pay the FED balance sheet.

Its true that dollar is like a ponzi scheme and the goverments could keep making money as much as they want to, in order to make a stable economy (atleast thats what they said)  but i do think dollar is still strong and it would take a lot time for it to crash, cause so many people still depends on dollar and still use it for transactions.