54 sats \ 1 reply \ @ssaurel OP 24 Apr \ on: A Million Simulations, One Verdict for US Economy: Debt Danger Ahead econ
Complete article here: https://archive.ph/lOvx6
With uncertainty about so many of the variables, Bloomberg Economics has run a million simulations to assess the fragility of the US debt outlook. In 88% of the simulations, the results show the debt-to-GDP ratio is on an unsustainable path — defined as an increase over the next decade.
Are you surprised?
I guess not, because otherwise, you wouldn't be on Stacker News.
I wonder how the general public reacts to this type of news coming from Bloomberg which describes the unsustainable situation towards which the American economy is heading for the future.
Do you think this could accelerate the adoption of Bitcoin? Or do you think that this will not change the general public's blindness to the flaws of the current system?
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0 sats \ 0 replies \ @Fabs 24 Apr
I think most people either don't care, don't know what to make of it, or both.
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