• @[email protected]
    link
    fedilink
    English
    53
    edit-2
    4 days ago

    You’ll probably see the BRICS countries ditching the dollar for their own currency within a few years. With USAID gone basically the entire global South will be looking towards China as well.

    Once oil stops being sold in dollars and the dollar stops being a reserve currency, you’ll probably start seeing hyperinflation and deficits and debts actually mattering a lot more than they currently do.

    • @[email protected]
      link
      fedilink
      English
      143 days ago

      And what has always, in all history, been the most effective metod to deflect from incompetence and one’s own corruption? Yes. It will still be a military superpower by then. I hope I am wrong and that the people in the US act swiftly.