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Diego Yanes Holtz
RJ Talks
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Comments by "Diego Yanes Holtz" (@diegoyanesholtz212) on "RJ Talks" channel.
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You know my conclusion l came. The US will never become Argentina because the US has the reserves currency of the World. And when people find out about, people will want to live off of welfare and government assistance in the US. The problem with the US is the country is so wealthy that socialism will last longer because it has more money to burn. Argentina has a debt to GDP ratio of 90% but most of it debt in US dollar so the government print Argentine pessos to pay a debt off its which is in different currency. On the contrast the us debt is 100% in US dollar. When people find out about that it is over, people would vote for the government to give money and is kinda already happening. And Michael Burry is wrong the US will not have hyperinflation because the government print the money which all other currency and commodity including gold are anchor, there will be no way to stop this.
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