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CoinRank News: Well-known financial analyst Jim Willie wrote on X that the US debt is collapsing and the storm is coming: The United States is falling into the abyss. In 2025, up to $7 trillion of debt will be due for extension - this is the critical point. The US debt market is on the verge of a catastrophic collapse. Fasten your seat belts, because the aftershocks will completely shake the global financial system. 1. Interest rates are about to explode: The collapse of US debt valuations will trigger a surge in long-term interest rates. Borrowing costs will increase, credit will tighten, and the economy will suffocate; 2. The dollar soars - but this is just a mirage: The dollar may experience a short-term boost, but dont mistake it for a victory. This is the excitement before the crash. The real consequences of the debt crisis will soon become apparent; 3. The demise of fiat currency: As debt continues to expand and the Federal Reserve prints money to bail out, inflation will get out of control. All fiat currencies, especially the US dollar, will lose purchasing power at an unprecedented rate; 4. Asset markets will collapse: real estate, stocks, luxury assets - everything inflated by cheap credit - will experience drastic adjustments. The bubble will burst, and a wave of liquidations will push prices to the bottom; 5. Massive repossession: The credit carnival is over. Homes, cars, and all financed assets will be repossessed on a large scale. The financial underclass will feel the pain first, but no one will be immune; 6. Stock market crash: Highly leveraged stocks will be hit hardest. The market will collapse, and even the richest will watch their portfolios evaporate. A destruction is coming; 7. Gold and silver: There may be short-term adjustments, but in the long run, these assets will be the only real means of storing value as the system collapses. Gold and silver will be the last safe haven in the chaos ahead; 8. Banking system collapse: As the system teeters, the banking industry will collapse - both in the United States and around the world. Defaults, bailouts, and a complete collapse of trust in financial institutions are expected; 9. The Great Reset: This is not just a market adjustment, this is a global financial reset. The old system has collapsed, and a new economic order is coming. It added that the world is on the brink of a massive economic collapse, and time is running out, so please be prepared.
WRITER’S INTRO
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