Author Topic: USA - Not A Recession. Not A Depression. No it will be a US Dollar Collapse  (Read 122 times)

Offline JohnyMac

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I truly do not believe that people understand what is coming down the economic pike. It is not a recession. It is not a depression. It is a total collapse of the US dollar. As we wake up this morning we read that China and Brazil have signed a trade agreement to trade in Yen not US dollars.

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Brazil and China have reportedly struck a deal to ditch the U.S. dollar in favor of their own currencies in trade transactions.

The deal, announced Wednesday, will enable China and Brazil to carry out trade and financial transactions directly, exchanging yuan for reais ? or vice versa ? rather than first converting their currencies to the U.S. dollar.
  - FoxNews

This year countries that own our debt, will be trading in that paper. When that run starts, countries will be selling it for 10 cents on the dollar.

Once this happens there will be a push to digital currency administered by a US Central Bank.

Like the Patriot Act, there will be a big push to accept it as the only way to save the country. GOP and DEM's all, will push for it not unlike the quantitative easing and saving banks that are too big to fail in 2008-09.

Once digital currency is enacted, then ESG scores will apply - Modern day chains of slavery. 

Stay tuned as the Manchurian Candidate, Joe Biden and his puppeteers that are behind this take over of your country. Time frame, between now and the November 2024 election.

 :popcorn:

« Last Edit: March 30, 2023, 11:47:52 AM by JohnyMac »
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Offline JohnyMac

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And then there is this.

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Saudi Arabia?s cabinet approved a decision to join a China-led security bloc, strengthening Riyadh?s eastern ties in a further step away from U.S. interests.

The state-owned Saudi Press Agency said that, in a session presided by King Salman bin Abdulaziz, the Saudi cabinet on Tuesday approved a memorandum awarding Riyadh the status of dialogue partner in the Shanghai Cooperation Organization ? a political, security and trade alliance that lists China, Russia, India, Pakistan and four other central Asian nations as full members.
- CNBC

 :popcorn:
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