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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (12992)9/29/2024 5:44:09 AM
From: elmatador  Respond to of 13781
 
China and the countries they trade most are preparing for the day the USD goes to bed and don't wake up anymore.

That would have a huge impact on trade.
Banks would stop issuing and honoring letters of credit.
. Trade would ground to a halt.

The rest of the world knows the G7 countries would cut a deal to keep themselves alive and let the rest of the world sink.

People are calling these measures the BRICS are taking de-dollarization but it is just preparing for the USD going belly up.

There will be an operation to revive the dollar. CPR, inject adrenaline do whatever for the USD star beating and breathing again.

The idea is to leave the Arabs, LATAM, India, China. Russia for dead. And restart the Euro and USD on top with a New Bretton Woods agreement.