USA economy is just a blown-up balloon waiting to explode or implode

 With the amount of money printing going on over the last couple of years, the USA economy is just a blown-up balloon waiting to explode or implode if it rises higher. The deficit over the last couple of years is mind boggling, with spend, spend, spend afforded by the print, print, print doctrine. This cannot last forever, though the USA thinks the party will never end. So many empires have risen and fallen over the centuries, and the USA is likewise going to fall, if not by external causes, it may be due to internal self-inflicted decline due to over-estimating its infallibility.

Countries around the world have seen the injustice of the US$ hegemonic system, which is why Russia, China and BRICS countries are looking for a fairer system for the Global South countries. It cannot be that Global South countries and China are producing all the goods for the USA to enjoy, while the USA needed only to keep printing its toilet papers at will, exporting its inflation globally.

What really broke the camel's back was the weaponization of the US$ being used for sanctions against other countries despite the already perverted advantage that the USA is already enjoying. This was one big misstep of the USA, which is the cause of the unravelling of the US$. De-dollarization is doing the job of marginalizing the use of the US$, to prevent further use of it for sanctioning, not destroying it completely, just like the British Pound's decline over the decades.

Anonymous