I’ve read more than one economist say there’s less than a year left of the dollar being the world reserve currency. Whatever timeframe I am not sure, but it’s definitely not a forever thing.
People in the US are in for a rude awakening both economically and when their increasingly unhinged government starts desperately lashing out. One of the big motivations for the Nazis to invade Poland when they did was a bunch of loans they had hidden with financial trickery were about to come due and they couldn’t pay.
The wealthy don’t keep much cash. I’m pretty sure Trump has said that he wants a weaker dollar, or at least implied it. I’ve heard some people speculate that the admin is purposely trying to end the dollar’s status as the world’s de facto reserve currency. If they’re serious about bringing most manufacturing back to the US, the dollar needs devalued, and real wages need to plummet. The admin is also heavily involved in crypto schemes.
I’ve read more than one economist say there’s less than a year left of the dollar being the world reserve currency. Whatever timeframe I am not sure, but it’s definitely not a forever thing.
People in the US are in for a rude awakening both economically and when their increasingly unhinged government starts desperately lashing out. One of the big motivations for the Nazis to invade Poland when they did was a bunch of loans they had hidden with financial trickery were about to come due and they couldn’t pay.
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The wealthy don’t keep much cash. I’m pretty sure Trump has said that he wants a weaker dollar, or at least implied it. I’ve heard some people speculate that the admin is purposely trying to end the dollar’s status as the world’s de facto reserve currency. If they’re serious about bringing most manufacturing back to the US, the dollar needs devalued, and real wages need to plummet. The admin is also heavily involved in crypto schemes.
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