The world monetary system is in debt. And these debt levels continue to accelerate as the greed monsters continue to trade and gamble at will. Of course the politicians who are supposed to represent the people are also not showing any restraint. Instead, mortgaging the future is the name of the game. 🚧
There are always reasons for running up public debt. Bridges to nowhere or wars to secure resources are usually the rational. Today it’s pandemics resources mixed with infrastructure projects that frankly are money pits. These money pits are designed for over budgeted projects mixed with cronyism. 💸
And the people will never see the full potential of these spending projects. Frankly, the roads in my neck of the woods are still rotting. Not to mention car fees that I thought were going to road repair. And of course gas taxes that thankfully I no longer pay.
This parasitic relationship between the State and it’s hosts will one day come to an end. You see eventually the hosts will run out of income. And once the host’s income has collapsed the parasite will also implode. Extraction of value schemes can only last for so long.
And these schemes have been tried many times throughout history. The problem with these schemes is the burden relies on the backs of hard working people. We the people are forced to comply with projects to nowhere. Unlimited budgets mixed with casino finance to fuel an orgy of unbridled avarice.
Eventually it is the innocent people who will have to pay the future cost of bad financial decision making. At least that was the case until blockchain was invented. Now the game has changed. And blockchain income will be the name of the game.
Many devs in the blockchain space are waking up to the potential of providing their user base with income based chains. Defi is certainly leading the way yet play to earn virtual gaming I believe will be the next hot ticket. Income is needed by everyone human on planet earth. Yet, the legacy system ignores most of it’s participants in that regard.
Instead, jobs that pay shitty wages with zero future are readily available. And these jobs are usually enough to get you by but not enough to get you ahead. Or gigs that earn a pittance without stock/option participation. Remember, most of these corporate types see us as unworthy of their wealthy status.
As an individual the greatest moment in human history will be the financial equalization of man. This will not be achieved via any State sponsored scheme or “ism”. Rather it will be done on the blockchain. It will also occur because right now people are reaching a boiling point with respect to finances.
As a leader when you don’t listen to the people you reap what you sow. When you steal to enrich yourself or buy every asset with cheap credit because of your connections you will eventually have to answer to the law. Because these acts alone are criminal and in violation of every ethic known to man.
And these acts are global and not just limited within the States. Yet, globally people are catching on to the con men behind the scenes. Most are wising up and realizing we have options now. Soon it will be time to create even more income streams..for everyone.