America's fiscal situation just hit a new milestone—and not the good kind. October's deficit clocked in at $284.4 billion, making it the worst October on record. We're watching debt levels spiral into territory that would've seemed unthinkable a decade ago. For those tracking macro trends, this kind of fiscal pressure often triggers shifts in how investors view hard assets. When traditional systems show cracks, alternatives start looking more appealing. The numbers don't lie—we're in uncharted waters.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
ApeWithAPlanvip
· 2h ago
The fiscal deficit has hit a new record again. The US is really going big this time.
View OriginalReply0
PerpetualLongervip
· 12-06 13:00
The US finances are in such bad shape, but that's actually our chance to buy the dip... No, I mean now we should increase our positions even more—our conviction must not waver!
View OriginalReply0
CryptoCross-TalkClubvip
· 12-06 12:58
LOL, even the US is starting to harvest its own retail investors now. A $28.44 billion deficit in October—I'd call this move a "national-level fiscal explosion." Seriously, do you finally understand why people in the crypto world are so persistent? Traditional finance is leaking everywhere—how could BTC not be attractive? The debt levels we couldn’t have imagined ten years ago have now gone from "unbelievable" to "impossible." Even as a comedian, I couldn’t make up a plot this wild. Wait, is this indirectly advertising for Bitcoin? I'm having trouble following this logic chain. Honestly, with national-level deficits hitting record highs, and you’re still worried about risks in crypto? Wake up, man. Everyone else is playing chess while you’re still stuck on PUBG.
View OriginalReply0
GasFeeBeggarvip
· 12-06 12:50
28.4 billion deficit? Is the era of hard assets finally coming? I’ve said all along that fiat currency just doesn’t work.
View OriginalReply0
LiquidityWitchvip
· 12-06 12:32
Record-breaking deficits—are traditional systems about to collapse? It's time for hard assets to take the spotlight.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)