• DarkCloud@lemmy.world
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    21 days ago

    An unorganised switch in reserve currency may see China attempting to compete to be the reserve currency. If things go poorly and the American economy suffers in a much more extreme fashion a much more hard-line form of fascism (harder than the Trump regime) may crop up with the ensuing economic discontent.

    Or perhaps a form of Socialism. Either way it’s likely to be single party and authoritarian.