Debt crisis in the global financial world.
Debt will affect major economies around the world, which is why gold and Bitcoin will be preferred over other assets.
Countries at such times are advised to stay away from debt assets such as bonds and turning to harder assets such as gold and Bitcoin.
The debt of all major economies except Germany is at unprecedented levels and continues to rise.
It is almost certain that countries will experience a debt crisis in the coming years, leading to a major devaluation of their currencies.
