where is some decent spots as an american, there is nothing more scary than having that convicted rapist and serial biz failure to want my money anywhere he can influence it
I’d say EU is the best spot. But I may be biased. But IMO EU stands for reliability economically, and in political direction, and in respect for its citizens and in international relations.
With China we have seen the system can make harmful interference as we saw with Jack Ma. So for me China is not an option either. It’s actually worse than USA, although not by much.
The USD is the most used reserve currency, that will probably remain the case for a while yet, but it will probably decrease, and other currencies will be used more.
That’s not a problem for the world, only for USA. As it will make it necessary to print less money, and/or increase interest rates to stave off inflation. This will of course make USA a bit poorer than it would have been otherwise.
How dramatic the effect will be obviously depends on the speed this will happen at. I think it will be slow, so not very dramatic.
But I don’t think Trump understands the privilege it has been for USA to have the world leading reserve currency.
just the turmoil from moving from one to the other. Then lets say EU takes off, but they get psy-oped to FAFO also. Where does it end when in this current climate that there is no centralized barometer of value?
I just know we did, and frankly I don’t understand those that don’t?
where is some decent spots as an american, there is nothing more scary than having that convicted rapist and serial biz failure to want my money anywhere he can influence it
I’d say EU is the best spot. But I may be biased. But IMO EU stands for reliability economically, and in political direction, and in respect for its citizens and in international relations.
With China we have seen the system can make harmful interference as we saw with Jack Ma. So for me China is not an option either. It’s actually worse than USA, although not by much.
but what is even the method, if the us currency is cooked what make world work then?
The USD is the most used reserve currency, that will probably remain the case for a while yet, but it will probably decrease, and other currencies will be used more.
That’s not a problem for the world, only for USA. As it will make it necessary to print less money, and/or increase interest rates to stave off inflation. This will of course make USA a bit poorer than it would have been otherwise.
How dramatic the effect will be obviously depends on the speed this will happen at. I think it will be slow, so not very dramatic.
But I don’t think Trump understands the privilege it has been for USA to have the world leading reserve currency.
just the turmoil from moving from one to the other. Then lets say EU takes off, but they get psy-oped to FAFO also. Where does it end when in this current climate that there is no centralized barometer of value?