Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Reverend Wright
When the DC Regime has no money, it will have no way to pay the Deep State and will just collapse - just like the USSR did.

We sure agree!

I believe the $$$ will be the reserve for a few more years (just an opinion -- subject to change with these wackos in charge).

Read the book The Fourth Turning. There are a few other options in the mix.

Tks.

34 posted on 09/11/2023 2:20:01 PM PDT by icclearly
[ Post Reply | Private Reply | To 27 | View Replies ]


To: icclearly

The $US as the international currency is the critical detail.

The DC Regime has sufficiently alienated a large bloc of countries (BRICs) via the misuse of sanctions that they are looking for an alternative.

The BRICs by themselves haven’t been able to come up with a complete replacement for the $US, just agreements to use their own currencies - which does weaken the dollar.

My hunch is that they will eventually realize that the using the Euro will give them what they want, the EU has an incentive to make the Euro the international currency - and that will be it for the $US dollar.

That could happen very fast. A clear defeat in Ukraine might be enough to trigger that.


35 posted on 09/11/2023 3:08:01 PM PDT by Reverend Wright ( Everything touched by progressives, dies !)
[ Post Reply | Private Reply | To 34 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson