And they'll remain that way until it costs them, maybe even past that. Some will not see.
But the system does not exist in a vacuum. The world is changing rapidly and the rest of the globe is catching on to our ways. As they extricate themselves from our grip, the repercussions will be felt here at home. Hence why the administration is so…
And they'll remain that way until it costs them, maybe even past that. Some will not see.
But the system does not exist in a vacuum. The world is changing rapidly and the rest of the globe is catching on to our ways. As they extricate themselves from our grip, the repercussions will be felt here at home. Hence why the administration is so hell-bent on the "rules-based order". They know that once it's gone, the jig is up. Once we can't export our inflation anymore, all of the overhead in our economy is going to get shredded and perhaps we'll return to an economy that produces actual value instead of hype.
Nothing is instantaneous. The liquidation of of overseas dollar reserves won't happen overnight unless we get WW3 going in earnest (which unfortunately is still a distinct possibility).
I'm sure the recent big bank failures were due to a big outflux of foreign capital. Why would Chinese forbidden to buy semiconductors keep their money in Silicon Valley Bank any more? Why would anyone keep their money in a country where the government will confiscate it all should they ever feel like doing that?
It was mostly bad management that assumed record low interest rates were here to stay forever.
But you are very correct that everyone across the globe watched how we seized the accounts of a nuclear power and said to themselves "Yeah, maybe we shouldn't keep our money there anymore."
Once DC weaponized the financial system, they assured its demise.
My concern, as a mother, is they will create war to deflect our attention from the enemy within. And a generation of beautiful young men will be sent to Asia or Eastern Europe to do their bidding
And they'll remain that way until it costs them, maybe even past that. Some will not see.
But the system does not exist in a vacuum. The world is changing rapidly and the rest of the globe is catching on to our ways. As they extricate themselves from our grip, the repercussions will be felt here at home. Hence why the administration is so hell-bent on the "rules-based order". They know that once it's gone, the jig is up. Once we can't export our inflation anymore, all of the overhead in our economy is going to get shredded and perhaps we'll return to an economy that produces actual value instead of hype.
When the grip on Saudi slipped I knew it was over. But the money involved is so large it moves like a glacier.
I figure Their plan is to grift as much as fast as they can before the roof falls in. That's what the arms "sales" to Ukraine are all about.
Nothing is instantaneous. The liquidation of of overseas dollar reserves won't happen overnight unless we get WW3 going in earnest (which unfortunately is still a distinct possibility).
I'm sure the recent big bank failures were due to a big outflux of foreign capital. Why would Chinese forbidden to buy semiconductors keep their money in Silicon Valley Bank any more? Why would anyone keep their money in a country where the government will confiscate it all should they ever feel like doing that?
It was mostly bad management that assumed record low interest rates were here to stay forever.
But you are very correct that everyone across the globe watched how we seized the accounts of a nuclear power and said to themselves "Yeah, maybe we shouldn't keep our money there anymore."
Once DC weaponized the financial system, they assured its demise.
I've gotten to the point where I assume the truth is the opposite of what The System puts out. It works about 90% of the time.
My concern, as a mother, is they will create war to deflect our attention from the enemy within. And a generation of beautiful young men will be sent to Asia or Eastern Europe to do their bidding