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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (66794)3/18/2022 9:39:54 PM
From: marcher  Read Replies (2) of 71407
 
--very little reason for accumulation of foreign currency reserves--

i'm still thinking that the u.s./nato provocation of russia was due to financial problems
within western capitalism... and sanctions are somehow improving the financial
'bottom line' of the neoliberal financial sector. could this russia-ukraine situation be
related to deteriorating race-to-the-bottom conditions in the west?

"...The race to the bottom is a socio-economic phrase to describe either government deregulation of
the business environment or reduction in corporate tax rates, in order to attract or retain usually foreign
economic activity in their jurisdictions. While this phenomenon can happen between countries as a result
of globalization and free trade, it also can occur within individual countries between their sub-jurisdictions
(states, localities, cities). It may occur when competition increases between geographic areas over a
particular sector of trade and production. [1]..."

the u.s. is behaving as if it were desperate... has run out of options.
dunno.
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