🇺🇸 Debt amounting to 5 trillion dollars continues to rise; is #البيتكوين a safe haven?
Consumer debt in the United States has risen to 5.08 trillion dollars; of which 1.32 trillion dollars is in credit cards, and 3.77 trillion dollars in auto and student loans.
Since 2020, Americans have added nearly a trillion dollars in new debt, while credit card interest rates have remained around 23%, even after the federal rate cuts of #الفائدة .
Inflation continues to rise, and debts are accumulating.
Source: Kobe,issiL,etter
The currency #Bitcoin still stands out 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".
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