As I said, I'm not qualified to predict how badly the U.S. will fare unlike other users here with economic backgrounds...but I am 100% confident that there is to simply "wipe" out over $40 trillion dollars of fiat dollars in debt without ramifications despite an eventual CDBC.
There is no job sector today unless you're among the niche elites, in essential blue-collar jobs like electrician, or part of the governmental grift (i.e. not real jobs). Millions are going to lose their retirement savings, houses, etc., with no recourse. Food production will continue to become more expensive as inflation remains in over-drive.
Manufacturing has been deliberately dismantled within America, so I really don't see any positive outcome. People are going to starve and die and stop reproducing. I don't think we're going to become a 3rd world country, but things are going to get worse and worse and worse for us commoners.
As I said, I'm not qualified to predict how badly the U.S. will fare unlike other users here with economic backgrounds...but I am 100% confident that there is to simply "wipe" out over $40 trillion dollars of fiat dollars in debt without ramifications despite an eventual CDBC.
There is no job sector today unless you're among the niche elites, in essential blue-collar jobs like electrician, or part of the governmental grift (i.e. not real jobs). Millions are going to lose their retirement savings, houses, etc., with no recourse. Food production will continue to become more expensive as inflation remains in over-drive.
Manufacturing has been deliberately dismantled within America, so I really don't see any positive outcome. People are going to starve and die and stop reproducing. I don't think we're going to become a 3rd world country, but things are going to get worse and worse and worse for us commoners.
Excellent Analysis. I pray you’re wrong though.