Buffet has never said America can go bust.
He says a default would be catastrophic and he's correct.
What all the BRICS nations don't like is America's monopoly on money as it's not a fair system, they can go bust but America cannot.
It's also what i don't like. If theres one thing i could change in the world it would be eliminating fiat and having a global hard de-centralized money system be it Gold or whatever is the same.
Everyone that wants fiat system over a hard money system is a communist, everyone.
The only reason to have a fiat system is to spend money they haven't earn't.
Take a Paws, page-35372
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