Just FYI
28
Just FYI

I don’t like a lot of Zerohedge’s stuff but they post things that traditionally fall outside of the permitted discourse and sometimes it’s good info.

@knfrmity
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115 dní

It’s so amazing that this US operation to reinforce the dollar area is what’s going to lead to the collapse of the USD hegemony.

So this is some kind of finance imperialism?

SpaceCowboy
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16
edit-2
5 dní

Foreign entities hold US debt as it is guaranteed “rent”. if they sell their american assets it represents a decreased trust in the American economy and in the ability of the american government to maintain international predominance. It is part of de-dollarization.

Also, it is useful to know this to counter the bs of “china owns all our debt” stuff. Sorry if my answer is not clear, it is bedtime.

Oh yay, more coolzone!

SpaceCowboy
creator
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8
edit-2
5 dní

Also, “the lowest amount this century” The empire’s over baby. Just gonna be a rather long “flash to bang”

@knfrmity
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85 dní

This type of finance imperialism, or specifically “super imperialism” is how the US and allied institutions have kept a strangehold on the world economy since 1919. It wasn’t even intentional at first.

It’s evolved with conditions over time, but the most recent variation has been in place since 1971 when the US unilaterally declared that the USD would be the global reserve currency. All other nations would essentially have to fund the military spending driven US deficit in order to keep their lights on and stave off US invasion.

The phase of dedollarization is going to be rough, especially on the US but for the rest of the world as well.

SpaceCowboy
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75 dní

I think it’s going to be rougher on Europe at least at first. The US is pushing the head of the euro under water to stay afloat. The EU is almost completely controlled by the Americans. The best EU parliament american money can buy.

Oh wait, I did already know about this. There’s so much fuckshit it’s hard to keep track.

SpaceCowboy
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95 dní

Unironically, USA=Bad is a pretty good rule of thumb.

/r/GenZedong, but on Lemmygrad!

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