Donald Trump wants to save the global dominance of the US dollar, but his tariffs and trade war are accelerating dedollarization. Countries and investors are selling off US stocks and bonds.
I woukd be cautious to not make too much of anythjng Japan or South Korea say. The fact is that they are militarily occupied nations stuffed full of US troops and nuclear missiles....pointed at China. And their political systems are US managed, at the end of the day.
The Dollar needs to float free until it settles to its true value, then we all can know what our wealth really is and what we can do with it with out debt.
I woukd be cautious to not make too much of anythjng Japan or South Korea say. The fact is that they are militarily occupied nations stuffed full of US troops and nuclear missiles....pointed at China. And their political systems are US managed, at the end of the day.
Expecting them to dedollarize is delusion.
Nobody wants the bloody U.S.$
It's hegemony was based on Genocidal, imperial wars since the 1950s.
Since the 1600s.
Chinese officials fear they could be the next target of Washington's aggressive unilateralism?
Hardly! China holds all the cards:
1. It is invulnerable to US tariffs
2. It is shutting down the US automotive, high tech and defense industries by banning REM exports
3. Its currency is the world's most stable and least vulnerable.
As I understand things, the goal is to make a digitalized currency acceptable.
The best way to do this would be loss of faith in our current USD.
I feel this will come well before the end of 2025.
What is your opinion on this?
Thank you for this indepth article.
The Dollar needs to float free until it settles to its true value, then we all can know what our wealth really is and what we can do with it with out debt.
The US wants to isolate itself and wait for the impact of the climate crisis to take everyone else out.
The dollar's decline is no longer a matter of decades but of years
Thank you well done much appreciated
The Dollar needs to float until it settles to its true value, then we can all know what our wealth really is and what we can do with it, without debt.
https://open.substack.com/pub/bluffpost/p/the-dollar-is-collapsing-heres-10?r=5lp1zq&utm_medium=ios
Insightful! CC
I meant to add this to my previous comment. https://open.substack.com/pub/heininger/p/the-coming-collapse-why-americas?r=16lm0&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false