Concerns arise over the global monetary system’s stability amidst geopolitical tensions and the risk of a dollar collapse, prompting nations to explore alternative currencies and localize trade. Financial warfare escalates, with countries like Russia and China strengthening ties and seeking to reduce dependency on the dollar.
One needs to take long-term forecasts with a pinch of salt, but this one is quite scary. And this assumes that there will be no recessions or geopolitical events in decades to come.
Japanese style financial repression is the only way out, or what other options are there? pic.twitter.com/F44guXRvRE
— Michael A. Arouet (@MichaelAArouet) May 6, 2024
At $2 Million Per Minute, Treasuries Mint Cash Like Never Before
Federal Reserve in no hurry to cut interest ratest.co/0TauqUU20k
pic.twitter.com/iqgHqSlDXb pic.twitter.com/MzpeIohMLS
— Mo Hossain (@MoHossain) May 6, 2024
WHEN THE FOUNDATION SHAKES?
In March, we learned that BRICS is actively developing a payment system utilizing the blockchain.
Many countries are starting to link payment systems.
Russia and China have almost stopped using the dollar in their mutual trade.
Monetary evolution?… pic.twitter.com/iEKGC2IXjd
— Gold Telegraph ⚡ (@GoldTelegraph_) May 5, 2024