Government debt as a percentage of GDP

Japan: 262% stock market rises for 11 consecutive years, 6994➡️28856.44

Italy: 145% stock market stock market has been rising for 11 consecutive years, 12295.76➡️27077.44

United States: 129% Dow Jones rose for 14 consecutive years, 6469.95➡️34098

Spain: 118% The stock market has been fluctuating sideways for 10 consecutive years, fluctuating around 9,000 points, the only one that can compete with the A-share market

Canada: 113% stock market rises for 33 consecutive years, 3007.8➡️20636.54

France: 113% stock market rises for 11 consecutive years, 2922.21➡️3641.07

UK: 113% stock market rises for 39 consecutive years, 978.7➡️7870.57

India: 89% of the stock market has risen for 33 consecutive years, 659.3➡️61112.44

China: 76% of stock markets have been volatile for 13 consecutive years, fighting to defend 3,000 points

Germany: 69% stock market rose for 32 consecutive years, 1402.34➡️15922.38

South Korea: 49% stock market rose for 43 consecutive years, 93.1➡️2501.53

Australia: 36% stock market fluctuated and rose for 23 years, 2666.3➡️7501

Russia: 18% ​​​Fluctuated around 1000-2000 points for 15 years

I really didn't expect that Russia's debt is actually the lowest. After the collapse of the former Soviet Union and the capital plunder by European and American capitalists in the 1990s (the social wealth accumulated by the former Soviet Union over 70 years was valued at 40 trillion US dollars at the time, and was plundered by European and American capitalists at a very low cost. If you are interested, please leave a message. I will popularize this history of capital plunder later)

It is not difficult to see from these data that the essence of economic development is the promotion of capital. In the traditional sense, capital itself is a process of continuous spiral expansion! Therefore, traditional finance itself is a process of continuous inflation. It is just that how to use the smallest lever to leverage the greatest social development is an extremely difficult economics to master!

As for the birth of BTC, we all know that Satoshi Nakamoto was created to fight inflation and the centralized control of the central bank. The total amount of BTC is only 21 million. With more and more users and higher penetration rate, it will actually form an extremely rare and precious non-renewable and non-tamperable ecosystem! Fighting inflation and centralization has been fully agreed upon in recent years! As the application scenarios of BTC are gradually improved, a huge deflationary ecosystem has gradually formed a closed loop! Traditional inflation will only grow, but it is only a controllable growth or an uncontrollable growth! So financial management to fight inflation is essential. At present, BTC has a great trend of catching up with gold or even surpassing gold! So BTC will not die in the future, but will become more indispensable as more and more people's sense of freedom, decentralization, and private consciousness awaken!

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