Brainless Biden "& EU seizing Russian Foreign Reserves tells the entire world that the US$ & € are Not Safe... This will Start the End of the US$ as Reserve Currency"
Besides China, Putin
Has Another Potential
De-dollarization Partner in Asia... India
De-Dollarization Efforts in China and Russia - CRS Reports
It appears that the Ukraine war's real purpose, besides a possible World War III, may be about Russia, China and friends destroying the USA as a Global financial power using the incredibly brainless Team Biden as a pawn for "Russia’s de-dollarization efforts." The Threat Reader illustrates how brainless Joe Biden's handlers appear to be:
The
US & EU seizing Russian Foreign Reserves tells the entire world
that the US$ & € are not safe. They are back by nothing but trust.
Now there is no trust. This is a disastrous policy.
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& protect their income from seizure. China is largest trader in the world.
World does not need US$ to conduct trade. Trade existed before Bretton
Woods. By sanctioning Russia, seizing her Foreign Reserves, from
necessity a new Payment System will develop that excludes US$...
...The US made a deal with Saudis in 1973 to defend them as long as KSA
sold oil in US$. Instead of the gold standard, the world had the Petro
$. Eventually, out of convenience and US soft power, the US$ was used to
trade everything.
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World does not need US$ to conduct trade. Trade existed before Bretton Woods. By sanctioning Russia, seizing her Foreign Reserves, from necessity a new Payment System will develop that excludes US$...
... The US$ will continue to lose % of world business. Central Banks will
reduce US$ holdings. Those US$ will return to the US, inflating prices.
At some point, US Int rates will rise to protect the $. But with a $30 T
debt, and a budget deficit around $2 T/yr,
Social Security will be out of funds by 2033 based on current estimates, but these problems will speed that up. Eventually investors will sell their treasuries
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Between inflation, a falling currency, recession and probable depression, these forces will unleash a social unrest in the US.
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People are tired of being poor and exploited as the rich get richer. Red vs Blue will get worse. US forces will return home as bases close overseas. [https://threadreaderapp.com/thread/1507746595332317193.html]
Pray an Our Father now for reparation for the sins committed because of Francis's Amoris Laetitia.