HAHAHa Banks are about to get fucked so much harder.

[mauer]

But we are at the point where the US dollars supremacy starts to be at risk.

I don't think people quite understand why we have such a large military, or what that means.

 

[Pangolin]

You can't spend your way into becoming profitable, successful, or rich. It just speeds up the inevitable in that no Nation can rule forever. The myth of American exceptionalism, is just that, a myth. And its entire strength lays upon the fiat dollar.

Even if the de-dollarization isn't happening as fast as people would like there is an undeniable trend of people moving their money elsewhere. Where? A mix of places as no one other place is an adequate or even just okay replacement.

We will see how the debt ceiling crisis happens on whether the republicants will actually continue to let the democrats gets away with their spendthrift nature.