… “The fact of the matter is that the posturing with China is really all about obscuring the US’s economic demise, while also gaining leverage, sabotaging, and undercutting China as much as possible.
This is because the US political class has no answers at all for its own failing economy, and thus must rely exclusively on the strategy of hamstringing its competitors. It’s all an act meant to forestall China’s takeover to buy time for the US corporo-political class to figure out a way to reset US’s runaway debt spiral and hyper-financialized Babylonian tower—which many now believe will happen by crypto-izing US debt:
AMERICA WANTS TO HAVE ALL THEIR 37 TRILLION DEBT IN CRYPTO then crash the market, eliminating the debt.
Translation: EXPORT THE DEBT TO OTHER NATIONS
This plan was enumerated in particular at the Eastern Economic Forum by Putin’s special advisor Anton Kobyakov:
U.S. CRYPTO PLOT EXPOSED: Wiping $35 trillion debt on world’s dime
“The US will solve their financial problems at the expense of the whole world, driving everyone into the crypto-currency cloud. Over time, when part of the US state debt will be placed in stablecoins, the US will devalue this debt,” Putin’s advisor Kobyakov revealed.
Putin’s advisor Kobyakov: The U.S. has devised a crypto scheme to erase its massive debt at the world’s expense.
The U.S. is now trying to rewrite the rules of the gold and cryptocurrency markets. Remember the size of their debt—35 trillion dollars. These two sectors (crypto and gold) are essentially alternatives to the traditional global currency system.
Washington’s actions in this area clearly highlight one of its main goals: to urgently address the declining trust in the dollar.
As in the 1930s and the 1970s, the U.S. plans to solve its financial problems at the world’s expense—this time by pushing everyone into the “crypto cloud.” Over time, once part of the U.S. national debt is placed into stablecoins, Washington will devalue that debt.
Put simply: they have a $35 trillion currency debt, they’ll move it into the crypto cloud, devalue it—and start from scratch.
That’s the reality for those who are so enthusiastic about crypto.
When a guy managing $13T says owning crypto makes sense because governments will keep killing their currencies… that’s your clue. The system’s insiders are quietly admitting what Bitcoiners knew all along. Watch what they do, not what they preach.
“As stated earlier, at this point the theatrics with China and various tariff seesaws appear more a distraction and desperate time-buying theater.
The US is insolvent and its entire economy is increasingly hinged on nothing more than an empty AI capital washing machine spinning the same inflating ball of lint in circles as the plebs are immiserated beyond the breaking point……..”
It’s alarming to read how dependent low income Africans have become on Bitcoin. The banks won’t give them bank accounts, but Bitcoin makes it possible to do cashless transactions on their phones without going through a bank. Trump seems to have these crazy idea he’s going to convert the US debt to this new cryptocurrency started by his son and con the third world poor into buying it.
Buying time and screwing America, oh great…
LikeLike
It’s alarming to read how dependent low income Africans have become on Bitcoin. The banks won’t give them bank accounts, but Bitcoin makes it possible to do cashless transactions on their phones without going through a bank. Trump seems to have these crazy idea he’s going to convert the US debt to this new cryptocurrency started by his son and con the third world poor into buying it.
LikeLiked by 1 person
I have run out of swear words
LikeLiked by 1 person
Pingback: ‘US plan to export its 37T Debt into Bitcoin-Then Crash the Market- restoring its Exorbitant Privilege’ | Worldtruth
Pingback: Sam Altman Denies OpenAI Needs A Government Bailout: He Just Wants Massive Government Subsidies | Worldtruth
Pingback: Is the Crypto Ponzi Scheme Finally Coming to an End? | Worldtruth
Pingback: U.S. Dollar ‘Collapse’ Warning Issued As Markets Brace For Gold And Bitcoin Price Shocks | Worldtruth