The End of the Debt Super Cycle W/ Natalie Smolinski | Texas Blockchain Summit
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- Dec 6, 2022
- #Economics #CentralBank
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Natalie Smolenski discusses the current state of the global economy and the potential risks of high levels of debt at this year's TBC Summit. Natalie argues that we are currently witnessing the end of a "debt super cycle" and the beginning of an economic depression, as the collapse of major cryptocur...
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Natalie Smolenski discusses the current state of the global economy and the potential risks of high levels of debt at this year's TBC Summit. Natalie argues that we are currently witnessing the end of a "debt super cycle" and the beginning of an economic depression, as the collapse of major cryptocurrency exchanges and hedge funds has triggered systemic shocks and caused a cascade of insolvencies and bankruptcies. Natalie also highlights the role of the Federal Reserve in increasing the national debt and the potential risks of a loss of confidence in the US government's ability to repay its debts.
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The Texas Blockchain Council is a nonprofit industry association made up of companies and individuals that work with blockchain and distributed ledger technology. Our mission is to promote blockchain technology initiatives that drive growth and benefit the citizens of Texas. We exist to amalgamate the influence of our members to advocate for blockchain-centric public policy initiatives, to educate members of government about the benefits of blockchain technology, and to provide subject matter expertise on topics related to blockchain and distributed ledger technology.
Disclaimer:
Always do your own due diligence before making investments.
This video is meant for entertainment purposes and not meant as investment advice. All investment strategies and investments involve risk of loss. Nothing contained in this video should be construed as investment advice. Any reference to an investments past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit
The opinions expressed in the video do not purport to reflect the opinions or views of the Texas Blockchain Council or its members.
(From Youtube)