I know everyone has seen this but we are at 31 trillion dollars in debt. or 244 thousand dollars for every producer. Are debt to GDP ratio is now 124% where in 2000 its was 57%. I see mass repossessions when people can’t repay mortgages, this leads to BlackRock types buying your property and renting it back to you. The dollar losing reserve currency status and the introduction of a worldwide digital currency leading to control and totalitarianism. All of this has been stated in not to precise of a way before, the question is how do we survive and profit during this time?
SOURCE URL: https://usdebtclock.org/