🧵 If you think the US dollar is facing a huge threat from China's Yuan and the alliance between Russia & China. But it won't probably collapse overnight, it may take 5-10 years to suffer huge losses;
Then you are not really following what is happening.
forbes.com
Then you are not really following what is happening.
forbes.com
This is NOT a long-range crisis or a collapse that may or may not happen in the near future. This's happening now in real time. You want proof?
Watch the fed continue raising interest rates regardless of banks insolvency, credit crisis & recession kicking.
marketwatch.com
Watch the fed continue raising interest rates regardless of banks insolvency, credit crisis & recession kicking.
marketwatch.com
The fed simply can't take a breath. Because if they did, the dollar would fall immediately. If inflation rose to 10% again and then 15% and higher, no one in the world would keep the dollars. Everyone would buy anything with it, gold, Yuan, anything but 💸
reuters.com
reuters.com
So the fed is forced to crash the US economy. This's not a free choice, they have to. They need to bring inflation to 2% by whatever means necessary (even great depression), or the dollar is toilet paper. Or the entire house of cards collapses.
fortune.com
fortune.com
Add to inflation, credit crisis & bank insolvencies, the debt crisis looming in early June 2023. And when you know that China & Japan & the main US creditors are dumping the US treasuries very quickly, you realize the US defaulting on its debt can happen.
nytimes.com
nytimes.com
Loading suggestions...