Will The US Go Bankrupt After The World Abandons The US Dollar?

CA 9+ Will The US Go Bankrupt After The World Abandons The US Dollar? 37,861 views •Apr 20, 2021 1.8K 38 Share Save Difference Frames the World 29.7K subscribers 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. --------------------------------------------------------------------------------------------------- You can support this channel by following the link: https://www.paypal.com/donate?busines...​ 589 Comments Auggie Giuseppe Add a public comment... Difference Frames the World Pinned by Difference Frames the World Difference Frames the World 4 days 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 ------------------------------------------------------------------------------------------------------ You can support this channel by following the link: https://www.paypal.com/donate?business=7KQR3M3LM82EE&item_name=Support+%22Difference+Frames+the+World%22¤cy_code=CAD 46 Auggie Giuseppe Auggie Giuseppe 4 days ago Think so Montu Meroe Montu Meroe 4 days ago The world realises the Emperor has no cloths. 144 yu yu 4 days 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 169 mijmijrm mijmijrm 4 days ago the USA has a unique ideology: "the World Owes Us a Free Ride"ism. That ideology is clashing with reality. 169 Albert Chu Albert Chu 4 days ago (edited) 2008, without China help, US economy already collapse. But US never appreciate the help given by China so in this coming years, I believe no country in this world will help US anymore as they saw the true colors of US leaderships. Many countries prefer to use their own currency or China Yuan to do business with China as China Yuan are backed by gold not like US dollars that are backed by nothing. 91 Dita Natalia Dita Natalia 4 days ago it is my hope that the usd will not be a reserve currency. So that the world would be living in harmony. 176 Chee Hong Lim Chee Hong Lim 4 days ago With the fall of the Dollar. The US not only collapses but disintegrate. 102 Paul Boon Paul Boon 4 days ago Yes, especially abandoning the SWIFT and Petrodollar. 99 Eric Lim Eric Lim 4 days 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. 85 Kamwai Chan Kamwai Chan 4 days 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 145 Johnny Bevo Johnny Bevo 4 days 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. 44 Jimmy dseeker Jimmy dseeker 4 days ago A BIG YES! US is already spiralling down economically, socially and morally. 30