#USGDPUpdate
🚨 BREAKING: The "Debt Death Spiral" Warning
Economist and gold bull Peter Schiff has issued a dire warning as the U.S. National Debt officially surges toward $38.5 Trillion. The math is becoming impossible to ignore: the debt is now expanding at an alarming pace of $3 Trillion per year.
The Hard Truth:
📉 Interest Payments: The U.S. is now spending over $1 Trillion annually just on interest—surpassing the entire national defense budget.
💸 Currency Devaluation: Schiff argues that the Fed has quietly returned to "Debt Monetization" (QE), which historically leads to a massive collapse in the dollar’s purchasing power.
⚠️ The Warning: "Either you pivot now, or you get steamrolled." Schiff predicts an inflationary depression where the standard of living for everyday Americans evaporates.
The Safe Havens?
While Schiff remains a staunch $BTC skeptic, favoring Gold and Silver, the broader market is watching Bitcoin closely. As the "hard money" narrative strengthens against a weakening dollar, $BTC is being positioned by many as the ultimate digital hedge against this sovereign debt crisis.
Is this the end of the dollar's reigin ?
#CryptoNews #FinancialCrisis #Write2Earn
