In short, I will try to clarify what the conversation is about
The US National Debt: The money that the US federal government borrowed from other countries (mostly in the form of goods, commodities, food, and oil, but it continues to be counted as financial debt)
Why is this a concern now?
Because this debt has reached about 34 trillion dollars
So what are the implications?
The more this debt increases, the more the country is forced to raise interest rates or continue covering this crisis with services (like lying)
Glory be to God (( Allah obliterates usury ))
The crisis of loans with interest was one of the reasons for the worsening situation worldwide
So is there anything to be afraid of?
The truth is that the global financial system has been fragile since 1970 when the president back then abandoned the gold standard for the currency
So in short, the dollar is now linked to America's reputation and nothing more
But it is nothing more than just a piece of paper
Currently, the dollar is akin to
.....
After what we just mentioned, anyone who has saved their money in the form of paper currency needs to reconsider
Savings should be