>>520945793
>debt note fiat currency
>might as well not exist
Correct, memeflag.
The real problem worldwide is that the global system depends not only on debt and speculative debt instruments, but that it depends on a single default reserve currency denomination : USD (treasuries)
Nobody wants to buy the debt
https://archive.4plebs.org/pol/thread/500310690
This is an important significant imminent problem (not some theoretical blogslop) because, a system that is globally founded in its entirety on debt, requires global confidence in the debt market to remain steady and stable. Debt aka bonds need to remain in strong demand (which they are not rn), and moreover the nation which issues the world's global reserve currency denomination—and the treasuries so denominated—needs to be viewed with confidence. Which it also currently is not (with ever-rising $2T/annum budgets and deficits outpaced by Interest Payments); the United States at current spending, 'printing' rates is headed for Total Default in four years.
11/9/2025, 12:34:40 AM
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