Apr 5, 2023·edited Apr 5, 2023Liked by Tatiana Koffman
This was very well done- a great summary of where we are and where the threats against the dollar being used as the de facto global currency. I haven't exactly worked this out yet--but in the short-term the consequences for the U.S. economy will be terrible. However, in the long-term no longer being the global currency will have benefits to the U.S population. The global currency status helps our international corporations and multinational elites, but it's not clear how much it helps middle class and lower class Americans.
uh so now that the eighth largest economy in the world is going to be adopting the dollar as it's main currency and give up the peso, the dollar is probably not collapsing soon
This was very well done- a great summary of where we are and where the threats against the dollar being used as the de facto global currency. I haven't exactly worked this out yet--but in the short-term the consequences for the U.S. economy will be terrible. However, in the long-term no longer being the global currency will have benefits to the U.S population. The global currency status helps our international corporations and multinational elites, but it's not clear how much it helps middle class and lower class Americans.
Thanks for the article. I agree that a global financial shift is happening.
Ron Writer
Great insights especially GBP reserve currency findings, and ex-dividend date fraud.
uh so now that the eighth largest economy in the world is going to be adopting the dollar as it's main currency and give up the peso, the dollar is probably not collapsing soon