Claim BonusExpert Reveals “Best Bets” Against Impending Economic Collapse
In a recent interview with Kitco News, Max Borders, the author of The Decentralist, revealed that the US economy is on the brink of collapse. He also revealed that Bitcoin and Gold are going to be key instruments to stave off the potential ramifications of future economic calamities.
Borders Explains The Issues With US Economy
Borders believes that the US may face worse economic hardships than the great depression.
Max explained that the biggest challenge to the US economy is that its debt is 130% of the GDP. On a worldwide scale, Borders reveals that there is over $300 Trillion in debts and leverages, while only $100 Trillion in production.
Borders also highlight that the Federal Reserve is being painted in a tight corner. Citing the example of the Coronavirus pandemic, Borders reveals that the Fed can print money to provide relief, only to then raise interest rates to curb the resulting inflation. He also highlights the unintended consequences of trying to intervene in the macro-financial systems.
Another factor at play is the clash between the political class and the central bank. According to Borders, while the monetary spending to ease the conditions during the pandemic was politically popular, it was not fiscally responsible.
Why Bitcoin And Gold Could Be The Answer
The author reveals that Bitcoin and Gold could be the answer to solving the economic conundrum. According to Max, people have lost faith in the institutions. Bitcoin was launched in 2009 as a response to the housing crash of 2008.
The housing crash exposed the collusion between the government and overly greedy companies. Bitcoin can provide an institutional shift and provide an alternative to traditional institutions. He also criticized the whales for treating crypto as a risk asset.
He believes that Bitcoin can be an excellent store of value and an inflation hedge if used properly by investors. The volatility of the cryptocurrency will go down with more and more mainstream adoption
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Crypto Gains 500M-User Gateway as X Teases Roll Out of Smart Cashtags for Real-Time Price Tracking
- Michael Saylor Posts “Big Orange” — Is Another Massive BTC Purchase Coming Tomorrow?
- Vitalik Buterin: USD Pegs, Capturable Oracles, and Staking Yield Are Killing True Decentralized Stablecoins
- Will Bipartisan Votes Pass the CLARITY Act on January 15 As Key Lawmaker Buys Bitcoin
- Crypto Platforms Polymarket and Kalshi Hit With Cease-and-Desist Orders in Tennessee
- Binance Coin Price Target $1,000 as CZ Signals Incoming Crypto Super Cycle
- Bitcoin and XRP Price Prediction Ahead of Supreme Court Tariffs Ruling on Jan 14, 2026
- Crypto Price Prediction Ahead of US CPI Inflation Data- ETH, ADA, Pi Coin
- XRP Price Outlook Ahead of Jan 15 CLARITY Act Vote
- Bitcoin Price Prediction: Digital Gold in Focus Amid US Strategic Crypto Reserve Talks
- Pi Network Price Prediction Ahead of 2026 First Upgrade
