US SEC accepts six spot bitcoin ETF proposals for review

Discussion in 'Crypto Assets' started by ETJ, Jul 19, 2023.

  1. Overnight

    Overnight

    I hear it's the place to be if you're in finance.

     
    #51     Jul 21, 2023
    johnarb likes this.
  2. jbusse

    jbusse

    Politicians can't abuse the fiat system indefinitely. At some point, the government won't be able to afford the interest expense on federal debt. That's a big problem with fiat, it relies on the government not overspending too much. At $32T, U.S. government debt is reaching a point where interest expense is problematic, especially given the sharp increase in interest rates.
     
    #52     Jul 22, 2023
    johnarb likes this.
  3. Don't worry about it... America has one last card up its sleeve. They can try to do the same thing Greece politicians did. When you can't afford your debt interest payments anymore... just find another gullible liberal-apologist sucker like the European Union, and unload all of your problems on them to deal with :D
     
    #53     Jul 22, 2023
  4. M.W.

    M.W.

    Worked out pretty well, would you not say? I remember as teenager when I lived in Europe that many parts of Portugal, Spain, Greece, Yugoslavia were severely impoverished and in dire need of funding and new ideas. That worked out fantastically well. Sometimes you gotta force the rest to play part in a long term plan that benefits all. No wars in the past 60 years while the US is declaring war with one country after another and wastes the majority of its budget on military spending.

     
    #54     Jul 22, 2023