You are viewing a single comment's thread from:RE: LeoThread 2023-08-09 11:31View the full contexttaskmaster4450le (80)in LeoFinance • last year The collapse in confidence in government is well underway. This is going to be the norm throughout the rest of the decade.
To be replaced by controlling Corporation in 30 years
Odd view.
It is going to have implications on government debt.
Will another Ratings outfit slap the US with the same ratings as Moody, or Moody will double down and wack the 'plus' off the end? AA.
US debt is going to be the last to suffer.
Look to Europe debt as ground zero for it. Banks outside the EU are not accepting it as collateral.
the 2020s are going be looked at in history as a major changing of the world norms
It could be. We are seeing #technology advancing at a huge rate. Digitization is powerful and we are seeing more fall under that.
The established entities are not able to handle that.