This Ties Steemsilvergold Together
Like any family, we have our moments of disagreements etc. But I think there is at least one common thread that ties many of the #steemsilvergold community together, and that's seeing the downfall of fiat currency.
To drive this point home, we recently passed 21 trillion dollars in debt.
And 112 trillion in unfunded liabilities.
Most of the outside world doesn't notice, or seem to care. "The debt doesn't matter" is what I believe many people think. Maybe they are right...for now. But this isn't sustainable.
The debt doesn't matter, until it does. And when that happens, precious metal and crypto stackers will be glad they planned ahead.
Keep calm and Steem on!
*Just my opinions, not investment advice
After reading thedamus this post chears me up again. Count our blessings (i.e. our precious metals).
Thanks buddy.
Yeah there's some pretty negative stuff out there right now. It's not good for the community. I'm not out to pick any fights or take sides but it saddens me to see it coming to this point and people who were friends mere days ago turn on each other like this. SMH.
Please show me one country or company that has become wealthy by the use of debt greater then earnings.
Indeed!
Yeah, it’s pretty unbelievable, isn’t it?
Doesn’t take a genius to figure out this is unsustainable.
Agreed. Thanks for stopping by.
All money is issued as debt, i always look at a note in my wallet knowing that someone somewhere owes that to someone else for it to be in my wallet, makes you go cross eyed when you think about it, silver is so much easier.
Debt is debt. Someone will have to pay, one day. At least we have silver and gold.
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