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429 sats \ 1 reply \ @faithandcredit 21 Dec 2023 \ on: Does Anyone Know What the Fed Is Doing? econ
Imo the US will default on its debt in the near future. Markets will crash and probably remain deflated for a generation. Socialist policies will gain momentum across the west and they will become so weakened and desperate that world War 3 will start which they will lose. I think this will happen within the next 20 years. Low tech for the win.
That's a pretty bleak prediction. I think the US would break up in a scenario like that and some of the new nations would be extremely anti-socialism.
I also think WWIII will be here sooner than that, assuming it hasn't already started.
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