Row 28859

Row ID: 28859 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 28859 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Not wanting to be a prophet of any kind, but from my close study of financial conditions around the world, seems to me that the current global financial architecture does not have much life left in it.

This conclusion comes from the absolutely astounding levels of debt stuffed into every corner of this edifice. Actually when you wrap your head around what in fact our debt based monetary system really is, then this moment was baked into the cake long ago - absolutely inevitable. Not an issue of mismanagment at all. One could even argue that the stewards of our current financial system have done an amazing job of keeping it ticking for so long. Something in my says this is mainly due to the media and their successful job of hiding the cracks while pouring doubt and fear on all the exits. Gold and Crypto. All the finance ministers, central bankers and other major money players have either known for a long time what I learnt, or the truly dumb ones are waking up super fast. There is no clean way out of this conundrum. And all the dirty ways result in destroying our fiat currencies and/or economies. Now, if Crypto did not exist at all, and all we had today was the incessant drum beat of CBDC's, then I would be despondent indeed, but I now see that crypto is the life raft away from the sinking edifice that is the legacy global fiat monetary system.

So the simple answer to your question is that 2032 is simply too late. If the legacy financial system still stands and operates like today in 8 years time, then I would be re-evaluating my assumptions very carefully indeed.

FieldValue
text Not wanting to be a prophet of any kind, but from my close study of financial conditions around the world, seems to me that the current global financial architecture does not have much life left in it. This conclusion comes from the absolutely astounding levels of debt stuffed into every corner of this edifice. Actually when you wrap your head around what in fact our debt based monetary system really is, then this moment was baked into the cake long ago - absolutely inevitable. Not an issue of …
label r/bitcoin
dataType comment
communityName r/Bitcoin
datetime 2024-05-21
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url_encoded Z0FBQUFBQm5Lak9Vb3BkSkJiM1dvcS1KbjNRbExwc0ZVaEFTc2toZDVqSzJFUklraGVEU2cyZFpST3VvMmI3SnRyUl9TNWpMdlQwQjBaT3JGUm95WG5FWlg2c1JQMGVSRHk2aUdGdXZDZWxDY3N0YzRrZkdXNVBLYmdzWDVOUXBVaGVwYmtoX09nT2Q0Y2dfZmpHbFNLRFhQRmQwb1MzUXFRWGtyczhKb0ZqVzJ0NzU5bzRJU3RsRjNrTG5oQ21VU19mbHRMc2dsbHFWUVIxNlV2SkplM0ZKdEhnQ2hyeVJ0UT09

Raw Record

{
  "text": "Not wanting to be a prophet of any kind, but from my close study of financial conditions around the world, seems to me that the current global financial architecture does not have much life left in it.\n\nThis conclusion comes from the absolutely astounding levels of debt stuffed into every corner of this edifice. Actually when you wrap your head around what in fact our debt based monetary system really is, then this moment was baked into the cake long ago - absolutely inevitable. Not an issue of mismanagment at all. One could even argue that the stewards of our current financial system have done an amazing job of keeping it ticking for so long. Something in my says this is mainly due to the media and their successful job of hiding the cracks while pouring doubt and fear on all the exits. Gold and Crypto.  \n  \nAll the finance ministers, central bankers and other major money players have either known for a long time what I learnt, or the truly dumb ones are waking up super fast.  \nThere is no clean way out of this conundrum. And all the dirty ways result in destroying our fiat currencies and/or economies.  \n  \nNow, if Crypto did not exist at all, and all we had today was the incessant drum beat of CBDC's, then I would be despondent indeed, but I now see that crypto is the life raft away from the sinking edifice that is the legacy global fiat monetary system.\n\nSo the simple answer to your question is that 2032 is simply too late.  \nIf the legacy financial system still stands and operates like today in 8 years time, then I would be re-evaluating my assumptions very carefully indeed.",
  "label": "r/bitcoin",
  "dataType": "comment",
  "communityName": "r/Bitcoin",
  "datetime": "2024-05-21",
  "username_encoded": "Z0FBQUFBQm5Lak1FWDhqWUZtV01ldFlwcW55SnZKTVpXN3JKVUFuUGtpbzlHaFpoeGtvTWcyaG5CSlk5aGZtWVFJaUVxQXVrMTU1U3ltZHp0d2FxcVozcVh4N1FDQXdQekE9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9Vb3BkSkJiM1dvcS1KbjNRbExwc0ZVaEFTc2toZDVqSzJFUklraGVEU2cyZFpST3VvMmI3SnRyUl9TNWpMdlQwQjBaT3JGUm95WG5FWlg2c1JQMGVSRHk2aUdGdXZDZWxDY3N0YzRrZkdXNVBLYmdzWDVOUXBVaGVwYmtoX09nT2Q0Y2dfZmpHbFNLRFhQRmQwb1MzUXFRWGtyczhKb0ZqVzJ0NzU5bzRJU3RsRjNrTG5oQ21VU19mbHRMc2dsbHFWUVIxNlV2SkplM0ZKdEhnQ2hyeVJ0UT09"
}
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