It’s coming, although nobody can predict when.
Just like the Roman Empire, aside from going fiat by way of diluting the denarius of its silver content. People became more degenerate whether by social engineering or just declining societal morals and ethics. People in occupations that were deemed beneath them also became celebrities in a way. Gladiators, actors, entertainers, chefs and so on went from being looked down on to becoming celebrities. Much like today.
Who knows what will be the catalyst that propels us into a drastic downturn that is impossible to print our way out of. Time will tell, stack those sats in the meantime.
Most people refuse to believe this possibility. Especially the older generations that have heard these warnings time and time again over many decades or the better part of a century. We all have different levels of understanding and viewpoints from which we see things from.
Just like the Roman Empire, aside from going fiat by way of diluting the denarius of its silver content. People became more degenerate whether by social engineering or just declining societal morals and ethics. People in occupations that were deemed beneath them also became celebrities in a way. Gladiators, actors, entertainers, chefs and so on went from being looked down on to becoming celebrities. Much like today. Who knows what will be the catalyst that propels us into a drastic downturn that is impossible to print our way out of. Time will tell, stack those sats in the meantime.
Most people refuse to believe this possibility. Especially the older generations that have heard these warnings time and time again over many decades or the better part of a century. We all have different levels of understanding and viewpoints from which we see things from.