The Inevitable Collapse of the Financial System: A Macro Perspective

TLDRThe financial system is on the brink of collapse due to continuous government debt growth and excessive printing of money. The decline started in 1971 when Nixon closed the gold window, and since then, governments worldwide have destroyed their currencies. The exponential move towards collapse is imminent, with risk increasing exponentially. The US is bankrupt, and no one outside the Federal Reserve is interested in buying US debt. The end of the current financial system is inevitable.

Key insights

📉The decline of the financial system started in 1971 when Nixon closed the gold window.

🌍Governments continuously destroy currencies through excessive debt and money printing.

💸Risk has exponentially increased due to rising debt and decreasing purchasing power of currencies.

🌐The US is bankrupt, and no one outside the Federal Reserve is interested in buying US debt.

📈The current financial system is on the brink of collapse, and the exponential move towards collapse is imminent.

Q&A

When did the decline of the financial system start?

—The decline started in 1971 when Nixon closed the gold window.

How do governments destroy currencies?

—Governments destroy currencies through excessive debt and money printing.

Why has risk exponentially increased?

—Risk has exponentially increased due to rising debt and decreasing purchasing power of currencies.

Is the US bankrupt?

—Yes, the US is bankrupt, and no one outside the Federal Reserve is interested in buying US debt.

Is the collapse of the financial system inevitable?

—Yes, the current financial system is on the brink of collapse, and the exponential move towards collapse is imminent.

Timestamped Summary

00:00The decline of the financial system started in 1971 when Nixon closed the gold window.

09:13Debt has tripled in this century, and risk has gone up exponentially.

13:38The US is bankrupt, and no one outside the Federal Reserve is interested in buying US debt.

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