• National debt — $107T
• Corporate debt — $101T
• Debt of developing countries — $117T
• Global debt/GDP ratio — 235%
What countries do in such a situation:
✔️ lower rates
✔️ print money
✔️ increase liquidity
This reduces the purchasing power of currencies
That is why, in the long term, capital begins to seek scarce assets that cannot be printed.
The growth of global debt is not an instantaneous crisis, but a slow process of capital redistribution in the world.
Such macrocycles often become fuel for new market trends.
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