Here are some signs the US dollar will be fading away in the foreseeable future:
1. The dollar's share of global reserves is tumbling:
2. The dollar's weight could easily shrink by half:
https://www.presstv.com/Detail/2021/04/03/648668/US-dollar-weakening-China-yuan-analysis
3. The IMF wants the SDF system to be headquartered in China:
https://www.zerohedge.com/news/2021-04-03/2027-imf-sdr-system-headquartered-china
So, go ahead ... keep bashing China and Russia. Start a war with them. What good would that do?
If China finally decides to cut us off, who is going to replace all the goods and services we currently get from them? Do you think Europe will pick up the slack after we've been screwing them for the past few decades? Don't hold your breath.
No comments:
Post a Comment