USA economy in the ICU

USA collapsing is a foregone conclusion. It is already bankrupt, for years on stealth ICU, unable to repay the US$38 trillion debt. The interest payments on the debts alone amounted to more than one trillion US$ a year. Moreover, the USA is now unable to sell its Treasuries to foreign countries, except to the Anglo-Saxon White clique. How can that be sustainable when the Europeans and even Japan are already stuck in economic malaise? You cannot fool people all the time.

The USA is looking for ways to unload its US$38 trillion debt to unsuspecting countries, using, according to sources, crypto currencies to con the rest of the world. How is that meaningful when it is spending like drunken sailors and accumulating debts more ferociously year after year. The accelerating decline in the US$ usage in international trade is telling. The USA now has no intelligence about how much trade is going on among BRICS countries and in what sectors that are done outside the US$. Trade between China and Russia is totally outside the US$. Trade between Iran and China is more like barter, with oil for infrastructures. Oil from Saudi Arabia is done in Yuan. These are not small potato deals. These are eating into the US$ hegemony, slowly and decisively.

When a push comes to a shove, countries will find alternatives. This is the law of nature and is the reason why they say the Wheel of Fortune is not static and that fortune only favors one particular country. Progress is not the sole prerogative of the USA and the Anglo-Saxon Whites. It is a universal ideal, and China is helping poor countries rise up the economic ladder. It is a win-win agenda for China and those poor countries. Only when the poorer countries rise will they be able to engage in more trade with China. Rational, realistic and infallible.


Anonymous