GLOBAL DEBT: IT IS NOT IF, BUT WHEN IT WILL IMPLODE. THE RISK IS GROWING DAILY

Fortune Magazine magazine brought to light the serious warning that the U.S. and Global debt?bubble are on a crash course/ collapse.

The importance of this serious distress was clearly shown, by almost simultaneous alarms by some of the most?influential financial well-informed experts in the world, like #BlackRock?'s CEO #LarryFink (one of the world's leading providers of investment, advisory and risk management)? + #JamieDimon CEO of #JPMorgan Chase (the world's largest bank in assets) + #JeromePowell,?the all-powerful Chairman of the Board of the US #FederalReserve? ?

They are the last ones beating the drums on the global debt bubble after #BankofAmerica 's CEO #BrianMoynihan, #Tesla 's #ElonMusk and #RayDalio, to list a few.?

According to Fortune, America's "snowballing debt", is now at US$34.6 Trillion and tending to an exponential growth, which is at the current rate of $1 Trillion almost every 3 months.

See the astonishing US Debit Clock in real-time: https://www.usdebtclock.org/

Larry stressed that the U.S. National Debt's critical situation is "more urgent than I can ever remember". This puts upward pressure on consumer prices, i.s. greater inflation. Investors and individuals will have to continue to finance this fiscal deficit forever.?

"America will be left with severe, irreversible scars' if a national debt goes unchecked"

The United States might end up in a crisis equivalent to Japan's lost decade (1990s thru 2,000s).?

This dangerous context is one of the reasons why?#Gold,?#Silver?and #Bitcoin have significantly increased in prices with Gold and Bitcoin reaching all-time record values as at least the former 2 serve as Hedges

The markets' concern has been showing up in the spikes in the #USTreasury yields to around 4%. Its 10-year yield is the most important financial indicator in the world, as is used as a benchmark that influences all monetary events across the Planet

This predicament will make it much more difficult for decision-makers to combat insidious #inflation giving a harder time to the #FED (and #EuropeanCentralBank, #BankofEngland etc) which could not raise interest rates without seriously adding to the unsustainable debit-servicing cost that is currently in place.?

The above further opens the door to a #NewFinancialSystem, #worldorder,?based on a #CentralBankDigitalCurrency (#CBDC), which is already in course.?

We are at a point-of-no-return and this is one of the greatest threats to humanity in various ways... added to the present trending up #ClimateCrisis.?

This colossal #GlobalDebt will burst in one way or another, it is not a matter of if but when it will happen.