$5 trillion in debt, and still rising; is #البيتكوين a safe haven?
Consumer debt in the United States has risen to $5.08 trillion; of which $1.32 trillion is in credit cards, and $3.77 trillion in auto and student loans.
Since 2020, Americans have added nearly $1 trillion in new debt, while credit card interest rates have remained around 23%, even after #الفائدة Federal rate cuts.
Inflation continues to rise, and debt keeps piling up.
Source: Kobe, issiL, etter
#Bitcoin currency is still emerging as a hedge against the collapse of the monetary system. As Young Hoon Kim (the person with the highest IQ in the world) says:
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$5 trillion in debt, and still rising; is #البيتكوين a safe haven?
Consumer debt in the United States has risen to $5.08 trillion; of which $1.32 trillion is in credit cards, and $3.77 trillion in auto and student loans.
Since 2020, Americans have added nearly $1 trillion in new debt, while credit card interest rates have remained around 23%, even after #الفائدة Federal rate cuts.
Inflation continues to rise, and debt keeps piling up.
Source: Kobe, issiL, etter
#Bitcoin currency is still emerging as a hedge against the collapse of the monetary system. As Young Hoon Kim (the person with the highest IQ in the world) says:
"#BTC is the only hope for the future of the economy."
#FOMCWatch
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$XRP