In an interview with Kitco news, the author of ‘The Decentralist’ Max Borders, recently admitted that the US economy is in danger of imploding.
Additionally, he disclosed that gold and Bitcoin would be crucial tools for fending off the probable effects of future economic catastrophes.
The financial guru has shared his profound insights on the US economy’s impending trouble areas and how these two assets can help to reduce inflation in the near future.
The Pain Areas Of The U.S Economy
The US may experience severe financial difficulties owing to:
- The fact that the US debt exceeds 130 percent of the GDP, according to Max, is the biggest issue with the US economic system. There are over $300 trillion in debts and leverages globally, but only $100 trillion in manufacturing.
- Borders draw attention to the fact that the Federal Reserve is painted in a besieged city. He illustrates this point by using the Coronavirus outbreak as an…
