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#said#stops#never#amp#point#house#cards#crashing#down#currency

Discussion (5 Comments)Read Original on HackerNews

downbad_about 3 hours ago
At what point will the house of cards come crashing down?
foxyv25 minutes ago
When US currency stops being backed by huge amounts of petrochemicals and the largest economy in the world. Or when China stops accepting dollars for stuff maybe? Who knows when it comes to macroeconomics. It's a bit like predicting weather.
fennecbuttabout 3 hours ago
Never.

The people accountable didn't get punished last time and they won't this time. You & I will pay for it.

Imo, the flaw is with our species itself, we never evolved to live in such large complex societies. And that's why it's trivial to distract a drooling sugar & dopamine addicted voterbase with issues like which bathroom people should be allowed to use, whilst billionaires become trillionaires and the planet slowly cooks despite token initiatives.

dh2022about 2 hours ago
A few people started putting dates on this. Jamie Dimon said before 2035, Ray Dalio said around 2030.

Warren Buffet did not put a date on it (smart as usual) but he also said the current fiscal situation is not sustainable.

juliusceasarabout 3 hours ago
I hope soon