Real interest rates have climbed, but gold and Bitcoin prices are surging in the opposite direction, as observed through analysis by Lyn Alden and Bloomberg data.
The collapse of the U.S. Social Security trust is seen as a structural issue, leading to a situation where Baby Boomers may need to liquidate U.S. Treasuries for retirement funds, accelerating government debt.
The current system is described as a 'Ponzi scheme' that has now ended, with warnings about the acceleration of government debt and the diminished appeal of traditional safe-haven assets like Treasuries.
In a comparison to the 1970s crisis, it is suggested that the current situation is even worse, but there is growing sentiment among macro analysts to consider Bitcoin as a hedge against fiat instability and fiscal collapse.