Tuesday, August 14, 2018

Kim Dotcom warns of imminent economic collapse


https://www.zerohedge.com/news/2018-08-13/kim-dotcom-warns-economic-collapse-says-buy-gold-and-bitcoin
“Top economists around the world agree that US debt is unsustainable. There is no sugar coating this. US Empire is broke. Prepare for collapse.”

My comments;  Kim Dotcom is a very smart guy, but I don't believe that there is an imminent collapse.  There seems to be a 3rd world currency crisis, similar to 1998, but that doesn't necessarily mean there will be a recession soon.  The recession could be 2 or 3 years away.  And even a recession doesn't mean a collapse soon.

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