Wednesday, April 21, 2021
Will The US Go Bankrupt After The World Abandons The US Dollar?
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Will The US Go Bankrupt After The World Abandons The US Dollar?
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•Apr 20, 2021
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Difference Frames the World
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Peter Schiff is the Wall Street prognosticator who successfully predicted the 2008 US financial meltdown. He told Russian media a week ago that the global reserve currency status has never been eternal, saying that the US dollar is on its way out. He added that the entire US economy is now based on the dollar as the world's primary reserve currency. It is the secret to making the US economy work. Once the dollar is just no longer the main reserve currency, the game is over.
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445 Comments
Auggie Giuseppe
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Difference Frames the World
Pinned by Difference Frames the World
Difference Frames the World
14 hours ago
The US Human Rights Violation Report Videos Mentioned Are As follows:
Part 1: China Published US Human Rights Report in 2020
https://youtu.be/eItC5eeLETM
Part 2: US Human Rights Violation Report in 2020
https://youtu.be/nIaY1UTiMy0
Part 3: US Human Rights Violation -- Lost Democracy
https://youtu.be/b6CNMNKidP8
Part 4a: US Human Rights Violation Report -- Miserable People of Color
https://youtu.be/erXJkL7Lg_E
Part 4b: Human Rights Violations in 2020
https://youtu.be/BeeczIwMovI
Part 5: Top 50 US Billionaires Have The Same Wealth As 165 Million Americans
https://youtu.be/Qb0CPTrgGvg
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30
yu
yu
14 hours ago
The Fed can keep on printing unlimited US$ to prop up Wall Street and the US Treasury until other countries refuse to exchange their goods and services with the US$. That day may not be far away
122
Dita Natalia
Dita Natalia
13 hours ago
it is my hope that the usd will not be a reserve currency. So that the world would be living in harmony.
120
Montu Meroe
Montu Meroe
13 hours ago
The world realises the Emperor has no cloths.
101
mijmijrm
mijmijrm
13 hours ago
the USA has a unique ideology: "the World Owes Us a Free Ride"ism.
That ideology is clashing with reality.
132
Kamwai Chan
Kamwai Chan
13 hours ago
If the world does not use the US dollars as trading, then the US Dollar will eventually lose it value, then the US government will not be able to print more money, as it would only lead to devaluation of the US dollar. Eventually it turn to toilet paper lol
102
Paul Boon
Paul Boon
13 hours ago
Yes, especially abandoning the SWIFT and Petrodollar.
72
Eric Lim
Eric Lim
13 hours ago
People had been talking about collapse of US dollar since 2016. Russia & China had been trying to dump the US dollars & US bonds & doing businesses in their own currencies. The latest being Iran-China oil deal. But, so far, nothing significant happens. I sincerely hope the US dollar hegemony will collapse tomorrow.
57
JL
JL
13 hours ago
TQ for exposing that the Exceptional Country has expanded their Balance Shit in 2020. Actually, the Balance Shit had been expanding since 2008/2009.
46
Chee Hong Lim
Chee Hong Lim
13 hours ago
With the fall of the Dollar. The US not only collapses but disintegrate.
76
Johnny Bevo
Johnny Bevo
11 hours ago
US will be forced to closed down a lot of its overseas military bases and internal struggles will occur as US citizens life’s will get really bad.
14
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