They're BRIC nations (read...factory nations).
There will be no "dethroning" the US Dollar.
There will be no “dethroning” the US Dollar.
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Happening as we speak.
All of the current, and previous spending bills (with money which we don’t have) in addition to the FED’s action/inaction are contributing to inflation/the collapse of the dollar. What we’re seeing now, are other countries tossing the dollar as their reserve currency, and attempting to go to some semblance of a “Gold Standard”. When the dollar loses reserve currency status...we’re f!@#ed overnight.
Agreed. China is just a factory nation and nothing more. Nothing to worry about there.
Even with senile Sleepy Joe "running" (ruining?) things for the next three years (and possibly another four years after that, followed by a possible eight years of "leadership" by the Laughing Hyena Headboard), the U.S. is in great shape in comparison to China. Xi Jinping has no clue what he's doing while super-genius Sleepy Joe & Laughing Hyena Headboard are totally on top of their game. Great news all around.
/s
Where is Baghdad Bob graphic? It’s already happening with India, China, and Russia. You haven’t seen pain until this happens. Imagine paying $90 for a hamburger. No one will buy our debt either. It’s basically game over. You should be far more concerned.