“Go ahead and describe to me how Russia would invade and control American soil . . . I’m all ears”
Why would they need to? We are critically dependent on China and others. Those avenues can be turned off instantly.
Not true, they are desperate on our trade to raise the capital they squandered on building ghost cities and other wasted centralized spending.
And the momentum to repatriate manufacturing will reduce that further. For all the movement to replace the Dollar by the BRICs, that will likely happen some anyhow as globalization unwinds over time.
The Dollar as the world’s reserve currency was fine for decades, but that’s also part of how the Fed inflated its’ balance sheet, so there is a long-term cost for being that reserve too.
Anyone who thinks they know how the world’s economy will look 50 years from now is kidding themselves.