The USA needs another world war to reset or reboot its
problems. The USA's debt is unsolvable. The USA's internal problems such
as political division, homelessness and drug infestations are
unsolvable. The USA has lost its credibility and moral authority to
lead, and only the Anglo-Saxon White countries are still its only
supporters in its attempt to sustain its global US$ hegemony. The USA
knows all these are just temporary measures and not long-term solutions.
War is the ultimate solution. Igniting conflicts everywhere is the
ultimate objective to fulfill this solution.
Now, even the
Anglo-Saxon White countries are decimated by following the USA's foreign
policy blunders. In the mindset of the Global South countries, the
Anglo-Saxon countries are looked upon to be just as roguish as the USA
itself.
The US$35 trillion debt alone is one problem that is
humanly impossible to solve. The USA thinks that just by printing more
money, the problem will just go away. Which is exactly what its top
financial experts are touting. However, more debts mean more financing
cost in terms of interest payments and more money printing will result
in more inflation. The latter can of course be manipulated to conceal
reality.
What unlimited printing of money is going to do to a
country is something that is common knowledge. Exceptionalism can only
go so far, and when other countries wise up, the game is up. Why are so
many countries supporting de-dollarization if what the USA is doing with
its reserve currency status is not harmful to the rest of the world?
Anonymous
The USA political system can be said to be the most corrupt in the world. The USA is not a functioning democracy. It is a plutocracy, a system of Government where the super-rich rules. It is a system of Government of the 1%, by the 1% and for the 1%.
ReplyDeleteAnd the system works when money buys positions in Congress or the administration through connections to the elites, with promises of returns that are far more if they push through policies to cater to the agenda of those in big corporations, big oil and big Pharma.
That is why I always say, Ukraine is the conduit for money laundering and kickbacks that goes into the pockets of Congressmen and women voting for all the aid to Ukraine. Sam Bankman-Fried (or Fraud) the owner of collapsed FTX, played a big role in such money laundering activities back to Washington. Of course, we will never be able to connect the dots and neither will Sam Bankman admit to such activities. His life hangs in the balance if he does so.
Didn't one Congressman or USA Government leader even gloated that all the aid to Ukraine will go back to the USA? In what way is a vital clue to understand his words.
How corrupt is the USA system is also shown in the Jeffrey Epstein case, where the names of top elites connected with the child sex ring can never be revealed, only speculated on in social media circles. A crime is a crime, but only for those at the bottom of the food chain. Those at the top have immunity because after all it is a government of the 1%, by the 1% and for the 1%. For them a crime is not a crime. Think about that!
De-dollarization is taking on a new meaning and trajectory. China is not intending to allow the Yuan to be the global reserve currency, as China knows the problems associated with it. The MSM is selling the idea that China is trying to internationalize the Yuan to become the global reserve currency. It is not happening.
ReplyDeleteAccording to Kelvin Walmsley 'Inside China Business' video titled - '10x bigger than Bitcoin, Tether and Gold: China's Central Bank Digital Currency will dwarf them all'. It will be digitized US$ and still using US$ as the base but will not be under the ability of the USA to monitor its use and beyond the control of the USA to use it for sanctioning. The technicality of this move is beyond me to elaborate. Donald Trump did mention about it briefly some time ago, telling the world that the USA is out to tighten its hold on digital currencies and not let this be hijacked by others. What then is the USA doing about it?
Meanwhile let us wait for BRICS summit in Kazan, Russia in October for some groundbreaking news.