Subject: Re: OT - De-dollarization
Now some congresscritters want to throw that away by simply not paying all of the bills for the spending they have already authorized, even though the federal government can afford it.
The federal government has 200T in debt and unfunded liabilities ... 5T in annual tax revenue. An effective default is inevitable. De-dollarization is happening. As they say: "gradually, then suddenly."
Also, I'll take the BTC bet. I propose we make the wager 1 BTC? 😀