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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (66794)	3/18/2022 9:00:08 PM
From: Real Man	1 Recommendation Recommended By ggersh Respond to of 71408

Wonder what China will do with their 3.3Trillion $ foreign currency reserves after watching the robbing sanctions against Russia, including the Central Bank, if anything. I would flee. theguardian.com

To: Real Man who wrote (66794)	3/18/2022 9:01:23 PM
From: ggersh	Read Replies (1) \| Respond to of 71408

Exactly, they themselves told the world that $$$$'s are useless to own. What comes next is a social credit system? -NFG- Before that happens though, buy anything physical, PM's stuff needed to survive. Yuan and Ruble will rule the roost for at least a bit. Gold should fly from here? amerikkka should it sanction china next would be total suicide by stupidity!!!! See Jesse https://jessescrossroadscafe.blogspot.com/

To: Real Man who wrote (66794)	3/18/2022 9:39:54 PM
From: marcher	Read Replies (2) \| Respond to of 71408

--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.