[SaveFerris]

[Fiat money cannot go on forever]

And it won’t. Just the unfunded liabilities already dwarf the national debt. And then there’s the derivatives.

https://www.usdebtclock.org/

Unfunded Liabilities at 153.5+ trillion dollars right now.

Frankly, I expect a global crash, a global reset and a global currency. All as a result of every nation being bankrupt, or virtually all (perhaps a few exceptions?)

I then expect the man of lawlessness to arise from Europe and not only “fix” this, but to provide UBI for each “world citizen”.

Eventually, that UBI will require a “charagma” - a tattoo to buy or sell (in order to get their electronic money).

JMHO

[CurlyDave]

...Frankly, I expect a global crash, a global reset and a global currency. All as a result of every nation being bankrupt, or virtually all (perhaps a few exceptions?)...

I think it is a lot easier if we just inflate the debt down to manageable proportions. Our investments are in stocks and real estate -- great inflation is coming.

[cgbg]

It could go with a global reset, as you say.

History suggests that a much messier situation may be in store for everyone.

There could be a centripetal force in play, where all countries break into smaller pieces and muddle through as best they can.

I am thinking of the collapse of ancient Rome as an example—after it fell Europe just became a disorganized mess for many centuries.

The Roman currency no longer held any value, and folks just bartered and made local currencies on an ad hoc basis.

[American in Israel]

Indeed Globalism is a necessary foot stool to world slavery to the Evil one.

[SaveFerris]

Currency and credit derivatives in excess of

689.6 Trillion dollars at this moment

https://www.usdebtclock.org/

[MeneMeneTekelUpharsin]

Nothing like a cup of Depression Coffee in the morning.

[JimRed]

Eventually, that UBI will require a “charagma” - a tattoo to buy or sell (in order to get their electronic money).

"Awww, whassa problem wid a liddle tattoo?"- Marco D'Beast