Kim Dotcom Says US Is Beyond Bankrupt And That “The Great Reset” Is Coming

June 6, 2022 4:47 pm Comments

Kim Dotcom, a known digital entrepreneur, just made a public statement regarding his current view of the American Economy and the potential upcoming collapse.

He stated on Twitter that the United States has not had a surplus budget since 2001 and that there was no way for the nation to pay its yearly deficits.

The only way it could pay it was by printing more supply of USD which in turn causes mass inflation which robs the wealth of everyone since it decreases the value of everyone’s assets.

Dotcom is not the only one sharing negative views as figures like Elon Musk and Jamie Dimon are also expecting rough times to come soon.

Bitcoin.com reports:

The former CEO of the now-defunct file hosting service Megaupload, is not the only one predicting rough times ahead, as Tesla’s Elon Musk said he has a “super bad feeling” about the U.S. economy, and JPMorgan CEO Jamie Dimon recently warned about the possibility of an incoming economic hurricane.

Gold bug and economist Peter Schiff has warned his followers that the economic downturn in the United States “will be much worse than the ‘Great Recession.’”

The digital entrepreneur Dotcom has similar views and in the thread, he claims the U.S. is bankrupt by breaking down the country’s debt and the Fed’s monetary expansion.

Dotcom stressed that the reason the U.S. has been able to get away with being bankrupt for so long is because the U.S. dollar is the world’s reserve currency. “Nations everywhere hold USD as a secure asset,” Dotcom said.

“So when the U.S. [government] prints trillions it’s robbing Americans and the entire world. The biggest theft in history.”

He continues to elaborate that this has been a problem that has already been delayed for decades and that we may finally reach the point where we can no longer delay it.

As a result, Dotcom believes that a collapse is inevitable at this point and that something called “The Great Reset” is coming which is essentially a theory where it is a controlled demolition of the global markets.

After all, uncontrolled collapse of the markets would create a dystopia that could be far worse.

Still, much is still uncertain on when the exact timing might be but it seems that it wouldn’t hurt to start preparing for it now.

Bitcoin.com concludes:

Without a controlled demolition the world will collapse for all, including the elites. The world has changed so much and nothing seems to make sense anymore, the blatant corruption is out in the open, the obvious propaganda media, the erosion of our rights. What’s the end game?

The ‘Great Reset’ subject has been called a ‘conspiracy theory’ by mainstream media, as some believe it is a plot to deploy a totalitarian one-world government agenda, often referred to as the ‘New World Order.’

It is believed that specific global crises like Covid-19, the Ukraine-Russia war, climate change, and many other subjects are being used to establish a new dystopian future.

Others believe that the while the ‘Great Reset’ is real and despite the theories, it is the path to a sustainable recovery from events like Covid-19 and what environmental activists call a climate change crisis.

If there is a collapse that is coming, this then also brings into question what the role of digital assets like XRP and BTC would be in this “New World Order”.

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