finance

This IMF report on global public debt is a crypto rallying cry.

I don’t see how this debt trajectory changes. 

Mainstream crypto adoption is inevitable.

This IMF report on global public debt is a crypto rallying cry.

I don’t see how this debt trajectory changes. 

Mainstream crypto adoption is inevitable.  

https://www.imf.org/en/Publications/FM/Issues/2024/10/23/fiscal-monitor-october-2024

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Building something new. 🟪 Host: /venturecapital /adventures /theitinerant

Growing veggies for the fine folks of Southeastern Massachusetts, w/ a focus on nutrient quality. Always interested in the evolution of digital payments.  🎩 

Escape is unlikely. 

The silver lining is there’s plenty of advanced notice to move into non government issued assets.

cc @keccers.eth in case you want to feel more gloom.

Almost don’t want to tag you on such miserable details of our global fiscal outlook.

Ben - any thoughts on an escape from the hockey stick of debt in our collective futures?

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I’ve heard that argument. It’s wishful thinking. It may matter less for a time, but eventually math wins.

I guess an alternative option is that debt just doesn’t matter. Have you read The Deficit Myth? (I haven’t but have heard people talk about it)