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This statement by Riad Salame did not get enough attention yesterday, and the interviewer didn’t even realize what was being said. RS is saying that the old dollar deposits in the Lebanese banking system are originally LBP deposits that were converted to USD at some point in the chain....

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Mike Azar

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38,478 Aufrufe • vor 8 Monaten •via X (Twitter)

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For years the prediction was the same. The dollar is about to collapse. It keeps not happening. Here is the piece most people miss. Dollar strain and record stock markets are not a contradiction. They are two different things. The strain is real. But so is this. Global capital keeps flowing into US assets, because out of the whole world, this is where the growth and the liquidity are. And to buy US assets, you need US dollars. So the flows themselves put a bid under the dollar. Money comes in, it has to become dollars first, and that keeps the dollar strong against everything else. That is why the dollar has not fallen to its death, no matter how many times it was called. The demand for dollars is not sentiment. It is built into the act of buying America.
8:47

For years the prediction was the same. The dollar is about to collapse. It keeps not happening. Here is the piece most people miss. Dollar strain and record stock markets are not a contradiction. They are two different things. The strain is real. But so is this. Global capital keeps flowing into US assets, because out of the whole world, this is where the growth and the liquidity are. And to buy US assets, you need US dollars. So the flows themselves put a bid under the dollar. Money comes in, it has to become dollars first, and that keeps the dollar strong against everything else. That is why the dollar has not fallen to its death, no matter how many times it was called. The demand for dollars is not sentiment. It is built into the act of buying America.

Jeffrey P. Snider

22,132 Aufrufe • vor 4 Tagen

Most people read the dollar exactly backwards. A rising dollar looks like strength. Strong America, good economy, the Fed doing its job. A falling dollar looks like weakness. Inflation, debasement, the end of dollar dominance. It is the other way around. A rising dollar usually means global funding is tightening. The world is short of dollars and scrambling to find them. That is not strength. That is stress. Think of a hurricane coming and everyone rushing to buy bottled water. The price spikes. That does not mean the water got stronger. It means people are scared and desperate. The dollar works the same way. When it surges against everything at once, it is telling you dollars are getting scarce, not that America is winning. That is why the dollar spikes in crises. The 1997 Asian crisis. 2008. The 2015 emerging market squeeze. March 2020. The 2024 carry trade blow up. The pattern is not random. None of this is really about the Fed or money printing. The dollar's exchange value is mechanical. It runs on the eurodollar system, the offshore dollar funding made of bank balance sheets, collateral, repo, and swaps. The biggest driver is dealer balance sheets. When dealers expand, dollars flow and the world feels calm. When they pull back, dollars get scarce and the dollar climbs. And this is the part everyone gets wrong. When foreign central banks sell US treasuries, the headlines scream that they are dumping America. They are not. They are using their reserves exactly as designed. When their markets are short of dollars, they sell treasuries to supply them. Sell treasuries, the dollar goes up. That is stress, not rejection. Which is why the dollar doom story keeps failing. They said QE would destroy the dollar after 2008. They said the deficits would collapse it. It never happened, because the problem was never too many dollars. It was not enough usable ones in the right places. So when someone tells you a strong dollar means America is strong, be careful. The strongest looking dollar is often the biggest warning sign. And a falling dollar is usually just the storm passing.
21:12

Most people read the dollar exactly backwards. A rising dollar looks like strength. Strong America, good economy, the Fed doing its job. A falling dollar looks like weakness. Inflation, debasement, the end of dollar dominance. It is the other way around. A rising dollar usually means global funding is tightening. The world is short of dollars and scrambling to find them. That is not strength. That is stress. Think of a hurricane coming and everyone rushing to buy bottled water. The price spikes. That does not mean the water got stronger. It means people are scared and desperate. The dollar works the same way. When it surges against everything at once, it is telling you dollars are getting scarce, not that America is winning. That is why the dollar spikes in crises. The 1997 Asian crisis. 2008. The 2015 emerging market squeeze. March 2020. The 2024 carry trade blow up. The pattern is not random. None of this is really about the Fed or money printing. The dollar's exchange value is mechanical. It runs on the eurodollar system, the offshore dollar funding made of bank balance sheets, collateral, repo, and swaps. The biggest driver is dealer balance sheets. When dealers expand, dollars flow and the world feels calm. When they pull back, dollars get scarce and the dollar climbs. And this is the part everyone gets wrong. When foreign central banks sell US treasuries, the headlines scream that they are dumping America. They are not. They are using their reserves exactly as designed. When their markets are short of dollars, they sell treasuries to supply them. Sell treasuries, the dollar goes up. That is stress, not rejection. Which is why the dollar doom story keeps failing. They said QE would destroy the dollar after 2008. They said the deficits would collapse it. It never happened, because the problem was never too many dollars. It was not enough usable ones in the right places. So when someone tells you a strong dollar means America is strong, be careful. The strongest looking dollar is often the biggest warning sign. And a falling dollar is usually just the storm passing.

Jeffrey P. Snider

103,799 Aufrufe • vor 1 Monat

Shaykh Jamal Zarabozo on fiat currencies being brought into existence via riba / interest. "The bulk of the money supply is created by the banks. It's not created by the federal government. When someone goes to a bank and says, for example, 'I want to borrow 1 million dollars,' the bank doesn't say, 'Okay, let me go to my vault and see if I have 1 million dollars,' they don't do that. They say, 'What's your name & account number? Okay, I'll write in 1 million dollars,' that's it. Now there's 1 million dollars in the money supply, that's how money is created. The American dollar has nothing behind it, the bulk of it, as I said, has been created by the banks just by an accounting entry. Interestingly, those loans that they make they of course charge interest for. That means the American dollar is a debt ribawi-based system and yet mostly everybody uses the dollar including our Ulema (Islamic scholars), our governments all use the dollar even though that's where the dollar comes from." The U.S. Dollar is the primary fiat currency globally, with other national currencies from around the world subordinate and tied to it. USD , EUR , GBP , CAD , AED , AUD , TRY , PKR , SAR etc.... Are all ribawi currencies.
1:13

Shaykh Jamal Zarabozo on fiat currencies being brought into existence via riba / interest. "The bulk of the money supply is created by the banks. It's not created by the federal government. When someone goes to a bank and says, for example, 'I want to borrow 1 million dollars,' the bank doesn't say, 'Okay, let me go to my vault and see if I have 1 million dollars,' they don't do that. They say, 'What's your name & account number? Okay, I'll write in 1 million dollars,' that's it. Now there's 1 million dollars in the money supply, that's how money is created. The American dollar has nothing behind it, the bulk of it, as I said, has been created by the banks just by an accounting entry. Interestingly, those loans that they make they of course charge interest for. That means the American dollar is a debt ribawi-based system and yet mostly everybody uses the dollar including our Ulema (Islamic scholars), our governments all use the dollar even though that's where the dollar comes from." The U.S. Dollar is the primary fiat currency globally, with other national currencies from around the world subordinate and tied to it. USD , EUR , GBP , CAD , AED , AUD , TRY , PKR , SAR etc.... Are all ribawi currencies.

Akbar Zab

25,966 Aufrufe • vor 2 Jahren

Former World Bank Director, Erik Bethel, breaks down a US dollar collapse scenario. “How are they buying it? Well they buy it by printing money. The artificial demand for dollars around the world is largely due to the fact that 60% of central banks have the dollar sitting in reserves. If the dollar isn’t there because nobody wants to use the dollar, we’re screwed. All that artificial demand for dollars disappears and we crater. We’re not going to be able to pay Medicare. And we’re adding $1 trillion of debt every hundred days. You know our government is paying more in interest on our debt, like over $1 trillion in interest alone. We’re paying more in interest, just in interest to service the debt than we are paying for the Defense Department. People start losing faith in the dollar. We see huge amounts of inflation, perhaps hyperinflation.”
17:18

Former World Bank Director, Erik Bethel, breaks down a US dollar collapse scenario. “How are they buying it? Well they buy it by printing money. The artificial demand for dollars around the world is largely due to the fact that 60% of central banks have the dollar sitting in reserves. If the dollar isn’t there because nobody wants to use the dollar, we’re screwed. All that artificial demand for dollars disappears and we crater. We’re not going to be able to pay Medicare. And we’re adding $1 trillion of debt every hundred days. You know our government is paying more in interest on our debt, like over $1 trillion in interest alone. We’re paying more in interest, just in interest to service the debt than we are paying for the Defense Department. People start losing faith in the dollar. We see huge amounts of inflation, perhaps hyperinflation.”

Shawn Ryan

795,793 Aufrufe • vor 6 Monaten

🚨Peter Schiff: China🇨🇳 is silently dumping the dollar, a US🇺🇸 dollar crisis is coming soon! ‘China is gradually weaning themselves off of the dollar. That’s why, if you look at their holdings of US Treasuries, they’ve actually gone down a bit over the years. If you look at all the new Treasuries we’ve issued over the years, the fact that the Chinese haven’t bought any of them is a big deal because they used to be a main buyer of these assets. Instead of buying more Treasuries, they’ve bought more gold. So if you look at US dollar debt as a percentage of all the reserves the Chinese own, Treasuries are a much smaller percentage of their total reserves than they once were, especially if you consider the appreciation of gold. I would guess the reason they’re not moving more dramatically is because they probably don’t want to cause a crash, the dollar to implode, the Treasury market to implode, because they are trying to sell and want to get a decent price. So I think they’re happy to slowly bleed it off to try to get that good price. They just have to worry about the impact on the dollar, because if they try to dump too many dollars at once, the dollar could go down, and especially if a lot of other countries see that and want to get out. There could be a run on the dollar. If all the holders decide they want to get out, they don’t want to be the last one holding the dollar, and so it becomes a rush, and we could be in a US dollar crisis relatively soon anyway… I think we’re heading for a real crisis in the US, and I think countries that are smart would be trying to get ahead of that by selling whatever they can, as quietly as they can, out of US dollars and any US dollar-denominated debt.’ -Peter Schiff on Going Underground
3:31

🚨Peter Schiff: China🇨🇳 is silently dumping the dollar, a US🇺🇸 dollar crisis is coming soon! ‘China is gradually weaning themselves off of the dollar. That’s why, if you look at their holdings of US Treasuries, they’ve actually gone down a bit over the years. If you look at all the new Treasuries we’ve issued over the years, the fact that the Chinese haven’t bought any of them is a big deal because they used to be a main buyer of these assets. Instead of buying more Treasuries, they’ve bought more gold. So if you look at US dollar debt as a percentage of all the reserves the Chinese own, Treasuries are a much smaller percentage of their total reserves than they once were, especially if you consider the appreciation of gold. I would guess the reason they’re not moving more dramatically is because they probably don’t want to cause a crash, the dollar to implode, the Treasury market to implode, because they are trying to sell and want to get a decent price. So I think they’re happy to slowly bleed it off to try to get that good price. They just have to worry about the impact on the dollar, because if they try to dump too many dollars at once, the dollar could go down, and especially if a lot of other countries see that and want to get out. There could be a run on the dollar. If all the holders decide they want to get out, they don’t want to be the last one holding the dollar, and so it becomes a rush, and we could be in a US dollar crisis relatively soon anyway… I think we’re heading for a real crisis in the US, and I think countries that are smart would be trying to get ahead of that by selling whatever they can, as quietly as they can, out of US dollars and any US dollar-denominated debt.’ -Peter Schiff on Going Underground

Afshin Rattansi

107,856 Aufrufe • vor 6 Monaten

A Dollar shortage + oil shortage isn't supposed to be possible. The demand for oil is inversely correlated to the value of the Dollar. Under normal supply situations, the higher the Dollar the less oil nations can afford, which reduces demand. What's different this time is there's an engineered supply shock to global oil, but not in the U.S. As nations are starved of oil, their economies slow. Their ability to sell goods to the U.S. declines, which means they receive less Dollars that they need to service their debt. At the same time, the U.S. is still open for business, exporting oil for Dollars, which sucks Dollars back into the U.S. The more the U.S. exports, the less Dollars are in circulation for the rest of the world, raising the value of the Dollar when there's an oil shortage. Again, the Dollar & Oil going up at the same time isn't supposed to be possible, but that's exactly what's about to happen. This leads to a massive disruption in the global debt market, which tightens loan supply, reducing the ability to get Dollars, increasing the risk of defaults while forcing nations to sell their U.S. Dollar denominated assets below face value. e.g. U.S. treasuries
3:55

A Dollar shortage + oil shortage isn't supposed to be possible. The demand for oil is inversely correlated to the value of the Dollar. Under normal supply situations, the higher the Dollar the less oil nations can afford, which reduces demand. What's different this time is there's an engineered supply shock to global oil, but not in the U.S. As nations are starved of oil, their economies slow. Their ability to sell goods to the U.S. declines, which means they receive less Dollars that they need to service their debt. At the same time, the U.S. is still open for business, exporting oil for Dollars, which sucks Dollars back into the U.S. The more the U.S. exports, the less Dollars are in circulation for the rest of the world, raising the value of the Dollar when there's an oil shortage. Again, the Dollar & Oil going up at the same time isn't supposed to be possible, but that's exactly what's about to happen. This leads to a massive disruption in the global debt market, which tightens loan supply, reducing the ability to get Dollars, increasing the risk of defaults while forcing nations to sell their U.S. Dollar denominated assets below face value. e.g. U.S. treasuries

Financelot

185,606 Aufrufe • vor 3 Monaten

In 1971, the U.S. literally ran out of money. Back then, the dollar was backed by gold, which meant every paper dollar represented real gold sitting in U.S. reserves. The problem was the country was spending way more than it earned, printing dollars that didn’t have enough gold to back them. As other countries realized this, they started trading their dollars in for gold. The gold reserves began to drain fast. That Sunday night, President Nixon went on TV and told the world the U.S. was “suspend temporarily convertibility” of dollars into gold. What that really meant was the U.S. couldn’t pay what it owed in real money anymore. At that time, Ray Dalio was a young clerk on the floor of the New York Stock Exchange. He thought markets would collapse the next day. Instead, stocks soared. The U.S. had just made money worth less, and when that happens, asset prices usually rise. He later found out the same thing had happened in 1933 when FDR also cut the gold link. Both times, the U.S. printed more paper money to keep spending, and each dollar ended up buying less. That moment in 1971 changed the entire global system. From then on, money wasn’t something you could exchange for gold, it became a promise backed only by trust. And that’s where the connection to today comes in. Trust in that promise is fading again. Inflation is running above target, the dollar is sliding, and people are moving into things that don’t rely on faith in any government such as gold and bitcoin. Foreign investors aren’t pulling away from America, but they are protecting themselves. They’re still buying U.S. assets, just not without hedging the risk. They don’t want to be caught holding paper that keeps losing value. Dalio’s story shows how this cycle keeps repeating. The system runs on confidence until it doesn’t. And every time it slips, people turn back to hard assets, not because they want to, but because they have to.
4:04

In 1971, the U.S. literally ran out of money. Back then, the dollar was backed by gold, which meant every paper dollar represented real gold sitting in U.S. reserves. The problem was the country was spending way more than it earned, printing dollars that didn’t have enough gold to back them. As other countries realized this, they started trading their dollars in for gold. The gold reserves began to drain fast. That Sunday night, President Nixon went on TV and told the world the U.S. was “suspend temporarily convertibility” of dollars into gold. What that really meant was the U.S. couldn’t pay what it owed in real money anymore. At that time, Ray Dalio was a young clerk on the floor of the New York Stock Exchange. He thought markets would collapse the next day. Instead, stocks soared. The U.S. had just made money worth less, and when that happens, asset prices usually rise. He later found out the same thing had happened in 1933 when FDR also cut the gold link. Both times, the U.S. printed more paper money to keep spending, and each dollar ended up buying less. That moment in 1971 changed the entire global system. From then on, money wasn’t something you could exchange for gold, it became a promise backed only by trust. And that’s where the connection to today comes in. Trust in that promise is fading again. Inflation is running above target, the dollar is sliding, and people are moving into things that don’t rely on faith in any government such as gold and bitcoin. Foreign investors aren’t pulling away from America, but they are protecting themselves. They’re still buying U.S. assets, just not without hedging the risk. They don’t want to be caught holding paper that keeps losing value. Dalio’s story shows how this cycle keeps repeating. The system runs on confidence until it doesn’t. And every time it slips, people turn back to hard assets, not because they want to, but because they have to.

StockMarket.News

94,997 Aufrufe • vor 10 Monaten

🚨NEW: Adam Curry nicely breaks down how Stablecoins work, Tether, and the likely future of the US Digital Dollar system. (Worth a watch if you don't know about this subject) "A stablecoin is a digital dollar thats pegged to the dollar so it's always a dollar. It's already being used all over the internet and the world. The only reason it's worth a dollar is because the stablecoin company that creates it has debt and paper to back it up. They buy America's debt, they buy treasury bonds or T-bills that pay a dividend that gives interest, and for each dollar they've bought in treasury they can create stablecoins. If you look at the company Tether they've bought more of the US debt than most countries. They have $160B worth of US debt. For each of those dollars they have a stablecoin. There's like 50 people in the company. They have $160B at 4% interest annually, they're making BANK just for holding this debt. I think that President Trump is very smart in seeing that we can flood the world with our stablecoin and we get a 2-for-1. We create a dollar of debt and we create another dollar that can be used all over the world as a reserve currency and that should result in some new monetary system that we need to come up with to have our dollar valued properly but also still remain the reserve currency and remain a strong export country. We don't make anything that we sell abroad, we can't all serve each other burgers and fries -- we have to build something. All of that went overseas. There's something big coming, and it has to happen. Trump is a meta guy. He's going to re-finance the country. It'll be digital and he Bitcoiners don't like this because they want Bitcoin to be the one currency that everyone uses but its now more like a digital gold that's much easier to move around. It's useful but it isn't money or currency the way it was originally intended -- but it is still very important and will be part of the US' strategic reserve. It looks to me like Stablecoins and Tether in particular will be the future of the US dollar payments. A lot of people on the right are afraid of being controlled on a grid because you can stop stablecoins -- but it seems there's no way of getting around some form of a digital dollar. I still like Bitcoin as a backup to protect from that control." Great breakdown Adam Curry - curryirc.com
4:51

🚨NEW: Adam Curry nicely breaks down how Stablecoins work, Tether, and the likely future of the US Digital Dollar system. (Worth a watch if you don't know about this subject) "A stablecoin is a digital dollar thats pegged to the dollar so it's always a dollar. It's already being used all over the internet and the world. The only reason it's worth a dollar is because the stablecoin company that creates it has debt and paper to back it up. They buy America's debt, they buy treasury bonds or T-bills that pay a dividend that gives interest, and for each dollar they've bought in treasury they can create stablecoins. If you look at the company Tether they've bought more of the US debt than most countries. They have $160B worth of US debt. For each of those dollars they have a stablecoin. There's like 50 people in the company. They have $160B at 4% interest annually, they're making BANK just for holding this debt. I think that President Trump is very smart in seeing that we can flood the world with our stablecoin and we get a 2-for-1. We create a dollar of debt and we create another dollar that can be used all over the world as a reserve currency and that should result in some new monetary system that we need to come up with to have our dollar valued properly but also still remain the reserve currency and remain a strong export country. We don't make anything that we sell abroad, we can't all serve each other burgers and fries -- we have to build something. All of that went overseas. There's something big coming, and it has to happen. Trump is a meta guy. He's going to re-finance the country. It'll be digital and he Bitcoiners don't like this because they want Bitcoin to be the one currency that everyone uses but its now more like a digital gold that's much easier to move around. It's useful but it isn't money or currency the way it was originally intended -- but it is still very important and will be part of the US' strategic reserve. It looks to me like Stablecoins and Tether in particular will be the future of the US dollar payments. A lot of people on the right are afraid of being controlled on a grid because you can stop stablecoins -- but it seems there's no way of getting around some form of a digital dollar. I still like Bitcoin as a backup to protect from that control." Great breakdown Adam Curry - curryirc.com

Autism Capital 🧩

365,538 Aufrufe • vor 1 Jahr

🔥🚨BREAKING: After announcing that he was starting a fund from his money with Oprah, Dwayne ‘The Rock’ Johnson is now asking for donations to assist the victims of the Maui fires in Hawaii as he surveys the area. The $5 million dollars that him and Oprah gave was only the startup fund which means taxpayers are being asked to help by donating to their fund. The money that Dwayne and Oprah donated actually went to their company. Not one dollar has gone to the victims. In theory, what they did would be no different than a during a standard company start-up. They put funds up to create a system to receive funds. Why do the victims of Maui have to wait on taxpayer dollars when $10 million dollars are in their ledger’s balance?
2:25

🔥🚨BREAKING: After announcing that he was starting a fund from his money with Oprah, Dwayne ‘The Rock’ Johnson is now asking for donations to assist the victims of the Maui fires in Hawaii as he surveys the area. The $5 million dollars that him and Oprah gave was only the startup fund which means taxpayers are being asked to help by donating to their fund. The money that Dwayne and Oprah donated actually went to their company. Not one dollar has gone to the victims. In theory, what they did would be no different than a during a standard company start-up. They put funds up to create a system to receive funds. Why do the victims of Maui have to wait on taxpayer dollars when $10 million dollars are in their ledger’s balance?

Dom Lucre | Breaker of Narratives

7,922,465 Aufrufe • vor 2 Jahren

This house literally looks like a shack and the owners originally listed it for $19 million dollars, yes million, later on they dropped it to $18 mil, would you spend $18 mil for this? When you think of a $18 million dollar home for most people this isn’t what they envision. Even if it is in Aspen Colorado, are you dropping that kind of coin on this? When I visited California, in the San Francisco area I was greeted by these historic looking houses, did they blow me away? No not at all but they were nice, many of them weren’t too modern though but I guess some people would say it adds to the charm. These houses were being listed for millions of dollars and I get it, California property is considered prime real estate in many of their neighborhoods but for me it’s not justifiable. In my mind I know what the house has to look like and have for me to consider it and a house like that isn’t it. I’m looking for a forever home in a few years so I’m keeping my eyes open but for now it amazes me that people even consider dropping that kind of money for a home that’s not even worth a fraction of what they are asking for them. Back to this house in Aspen, what would you expect to realistically pay for something like this? I saw $150k tops, what’s your guess?
1:44

This house literally looks like a shack and the owners originally listed it for $19 million dollars, yes million, later on they dropped it to $18 mil, would you spend $18 mil for this? When you think of a $18 million dollar home for most people this isn’t what they envision. Even if it is in Aspen Colorado, are you dropping that kind of coin on this? When I visited California, in the San Francisco area I was greeted by these historic looking houses, did they blow me away? No not at all but they were nice, many of them weren’t too modern though but I guess some people would say it adds to the charm. These houses were being listed for millions of dollars and I get it, California property is considered prime real estate in many of their neighborhoods but for me it’s not justifiable. In my mind I know what the house has to look like and have for me to consider it and a house like that isn’t it. I’m looking for a forever home in a few years so I’m keeping my eyes open but for now it amazes me that people even consider dropping that kind of money for a home that’s not even worth a fraction of what they are asking for them. Back to this house in Aspen, what would you expect to realistically pay for something like this? I saw $150k tops, what’s your guess?

SonnyBoy🇺🇸

118,174 Aufrufe • vor 18 Tagen

🚨💵Peter Schiff: Sanctions on Russia🇷🇺 marked the beginning of the end of the dollar as the world’s reserve currency “I was very critical at the time of the Biden sanctions against Russia, and I said that would come back to bite the US because I knew how critical the dollar’s reserve currency status was to propping up the US economy. I said that Biden just sent a very loud message, a warning to the world that they need to get rid of their dollars, that they could be the next Russia. If they do something that the United States doesn’t like, they’ve got that weapon. And so why would you want to enable the United States with a weapon to use against you? So I said this is going to result in a lot of selling of US dollars and US Treasuries. And that’s exactly what happened. The reason that gold is over $3300 an ounce is because central banks are getting rid of their dollars. And one of the reasons that the yield on US Treasuries just hit a new multi-year high and continues to rise is because we don’t have all the foreign buyers that Biden scared away. I think we’ve already established the precedent that the dollar is not sacrosanct. And if you’re a nation and you have US dollars, you have US Treasuries and you own them in good faith in that you would trust that they would be a reserve asset, a neutral reserve asset. We’ve already established a precedent that that’s not the case, that we can yank the rug out from under you whenever we want. So I think regardless of what Trump does now, if I was in China or any of these countries, especially China, because, you know, we vilify China, we say China’s our enemy. Okay, well, if China’s our enemy, why the hell do they want to leave themselves vulnerable by owning all of our bonds? And it’s not just Treasuries that they own. They own mortgage-backed securities. They have a tremendous amount of dollar-denominated assets, so I would be completely divesting as quickly as I could.” -Peter Schiff on Going Underground
2:35

🚨💵Peter Schiff: Sanctions on Russia🇷🇺 marked the beginning of the end of the dollar as the world’s reserve currency “I was very critical at the time of the Biden sanctions against Russia, and I said that would come back to bite the US because I knew how critical the dollar’s reserve currency status was to propping up the US economy. I said that Biden just sent a very loud message, a warning to the world that they need to get rid of their dollars, that they could be the next Russia. If they do something that the United States doesn’t like, they’ve got that weapon. And so why would you want to enable the United States with a weapon to use against you? So I said this is going to result in a lot of selling of US dollars and US Treasuries. And that’s exactly what happened. The reason that gold is over $3300 an ounce is because central banks are getting rid of their dollars. And one of the reasons that the yield on US Treasuries just hit a new multi-year high and continues to rise is because we don’t have all the foreign buyers that Biden scared away. I think we’ve already established the precedent that the dollar is not sacrosanct. And if you’re a nation and you have US dollars, you have US Treasuries and you own them in good faith in that you would trust that they would be a reserve asset, a neutral reserve asset. We’ve already established a precedent that that’s not the case, that we can yank the rug out from under you whenever we want. So I think regardless of what Trump does now, if I was in China or any of these countries, especially China, because, you know, we vilify China, we say China’s our enemy. Okay, well, if China’s our enemy, why the hell do they want to leave themselves vulnerable by owning all of our bonds? And it’s not just Treasuries that they own. They own mortgage-backed securities. They have a tremendous amount of dollar-denominated assets, so I would be completely divesting as quickly as I could.” -Peter Schiff on Going Underground

Going Underground

16,526 Aufrufe • vor 3 Monaten

The Trump admin is GASLIGHTING us re: no CBDCs They know they can't do CBDCs because of the Constitution, so they're backdooring them with stablecoins Iain Davis explains— "the idea of a [CBDC] is that it will give these private institutions total control of a new digital international monetary and financial system" "CBDC is programmable money that slots into that system. That's why they want it" "That's not going to work in the US because... it's a constitutional right in the United States that the people, and only the people, oversee what they call the power, quote–unquote... to coin money" "So what are you going to do about it? You need some sort of work-round" "So stablecoins and things like deposit tokens or tokenized deposits are variations of programmable digital currency. But rather than being issued by a central bank, they're issued by a commercial bank" "stablecoins... slot into the system of programmability just as easily, if not more so than a central bank digital currency. So you can attach smart contracts to any kind of digital transaction using digital currency" "Programmable digital currency and stablecoins do exactly the same thing, serve the same purpose, as central bank digital currency" This clip of Iain Davis (InThisTogether), author of The Technocratic Dark State, is taken from a Flashlights podcast (Flashlights Podcast) episode posted to Rumble on May 17, 2026. ---------------Partial transcription of clip---------------- "It's a constitutional right in the United States that the people, and only the people, oversee what they call the power, quote–unquote, it says this in the Constitution, to coin money. So the power to coin money is overseen by the people. "Now the idea of a central bank digital currency is that it will give these private institutions total control of a new digital international monetary and financial system. That's CBDC is programmable money that slots into that system. That's why they want it. "That's not going to work in the US because even though Congress, you know, Congress is the, is the dog which is wagged by the tail in this of the Fed, the Fed, you know, the Fed tells Congress what to do, not the other way round. But theoretically it could be the other way round. And theoretically the people could assert their control over the Fed if they only knew about it, which, not many people do, but they could do it, right? It's in the US Constitution. "Now that's a problem if you're going to embark on a global transformation of the entire international monetary and financial system when your leading reserve currency is the US dollar. So that's, you know, that could all go wrong very badly. "So what are you going to do about it? You need some sort of work round. How are you, how are you going to do which for the, you know, I, for many years, well, since central bank digital currency has been something that I've been looking at, I couldn't figure out why the US wasn't more enthusiastic about central bank digital currency. "Because it's the type of thing that the US administrations are usually right up— You know, they're really gung ho about that kind of centralized control of everything. That's right up their alley. So why, why don't they like it? And then it was the work of John Titus who pointed out this problem that they've got in the US with the Constitution that made me look at that and think, right. And then I started investigating that further. And he's right about that. That is a problem. "But then they obviously need some sort of workaround. How are they going to have. Because the main point of central bank digital currency from the surveillance and control aspect is that we will all need digital identity in order to access our digital wallets, which will contain the currency and the currency and the wallets and our, digital identities will all be programmable so conditions can be set on everything that we do. "Every transaction we make will be subject to condition through some sort of smart contract probably, which will control it. Right. So you know, if you say the wrong thing or you know, you, you just write the wrong thing online, you could be punished by algorithm by controlling your access to money... "And so the key to that is central bank— the programmability of central bank digital currency. But obviously that's not going to, may not work. There's a good chance that won't work in the United States which has got the US dollar reserve is an important currency. "So what are you going to do? So stablecoins and things like deposit tokens or tokenized deposits are variations of programmable digital currency. But rather than being issued by a central bank, they're issued by a commercial bank. So or in the case of stablecoins, a non-bank, a non-bank institution like Tether. So it's not a bank. "But you can use stablecoins for exactly the same. They slot into the system of programmability just as easily, if not more so than a central bank digital currency. So you can attach smart contracts to any kind of digital transaction using digital currency. Programmable digital currency and stablecoins do exactly the same thing, serve the same purpose as central bank digital currency or the other version, the commercial bank version is deposit tokens. Any of those will do. "Now in the US they've gone down the stablecoin route so they can issue the stablecoins which will be backed by US Treasuries, just like the dollar or just like any kind of dollar instrument will be one to one convertible for the US dollar. So the stablecoins are effectively the US dollar in, in digital form. "But instead of calling it a central bank digital currency, they call it issued by, it wouldn't have to be issued by the Fed. They call it a stablecoin, which is issued by a company like Tether or you know, someone like that. So it's the same system but using a workaround. And that workaround came with the Genius Act which, which came from an executive order that Trump made when he first came to office. "Because the Americans, quite rightly when they were electing their president, were concerned about central bank digital currency. I mean anyone that understands what it is should be terrified of it. So they didn't want it, and Trump promised that they wouldn't have it. Probably. I don't know whether he knew, but certainly the gaggle of technocrats that were around him knew that they weren't going down that path. Anyway, no chance of the US introducing it because of these problems we've just outlined."
6:11

The Trump admin is GASLIGHTING us re: no CBDCs They know they can't do CBDCs because of the Constitution, so they're backdooring them with stablecoins Iain Davis explains— "the idea of a [CBDC] is that it will give these private institutions total control of a new digital international monetary and financial system" "CBDC is programmable money that slots into that system. That's why they want it" "That's not going to work in the US because... it's a constitutional right in the United States that the people, and only the people, oversee what they call the power, quote–unquote... to coin money" "So what are you going to do about it? You need some sort of work-round" "So stablecoins and things like deposit tokens or tokenized deposits are variations of programmable digital currency. But rather than being issued by a central bank, they're issued by a commercial bank" "stablecoins... slot into the system of programmability just as easily, if not more so than a central bank digital currency. So you can attach smart contracts to any kind of digital transaction using digital currency" "Programmable digital currency and stablecoins do exactly the same thing, serve the same purpose, as central bank digital currency" This clip of Iain Davis (InThisTogether), author of The Technocratic Dark State, is taken from a Flashlights podcast (Flashlights Podcast) episode posted to Rumble on May 17, 2026. ---------------Partial transcription of clip---------------- "It's a constitutional right in the United States that the people, and only the people, oversee what they call the power, quote–unquote, it says this in the Constitution, to coin money. So the power to coin money is overseen by the people. "Now the idea of a central bank digital currency is that it will give these private institutions total control of a new digital international monetary and financial system. That's CBDC is programmable money that slots into that system. That's why they want it. "That's not going to work in the US because even though Congress, you know, Congress is the, is the dog which is wagged by the tail in this of the Fed, the Fed, you know, the Fed tells Congress what to do, not the other way round. But theoretically it could be the other way round. And theoretically the people could assert their control over the Fed if they only knew about it, which, not many people do, but they could do it, right? It's in the US Constitution. "Now that's a problem if you're going to embark on a global transformation of the entire international monetary and financial system when your leading reserve currency is the US dollar. So that's, you know, that could all go wrong very badly. "So what are you going to do about it? You need some sort of work round. How are you, how are you going to do which for the, you know, I, for many years, well, since central bank digital currency has been something that I've been looking at, I couldn't figure out why the US wasn't more enthusiastic about central bank digital currency. "Because it's the type of thing that the US administrations are usually right up— You know, they're really gung ho about that kind of centralized control of everything. That's right up their alley. So why, why don't they like it? And then it was the work of John Titus who pointed out this problem that they've got in the US with the Constitution that made me look at that and think, right. And then I started investigating that further. And he's right about that. That is a problem. "But then they obviously need some sort of workaround. How are they going to have. Because the main point of central bank digital currency from the surveillance and control aspect is that we will all need digital identity in order to access our digital wallets, which will contain the currency and the currency and the wallets and our, digital identities will all be programmable so conditions can be set on everything that we do. "Every transaction we make will be subject to condition through some sort of smart contract probably, which will control it. Right. So you know, if you say the wrong thing or you know, you, you just write the wrong thing online, you could be punished by algorithm by controlling your access to money... "And so the key to that is central bank— the programmability of central bank digital currency. But obviously that's not going to, may not work. There's a good chance that won't work in the United States which has got the US dollar reserve is an important currency. "So what are you going to do? So stablecoins and things like deposit tokens or tokenized deposits are variations of programmable digital currency. But rather than being issued by a central bank, they're issued by a commercial bank. So or in the case of stablecoins, a non-bank, a non-bank institution like Tether. So it's not a bank. "But you can use stablecoins for exactly the same. They slot into the system of programmability just as easily, if not more so than a central bank digital currency. So you can attach smart contracts to any kind of digital transaction using digital currency. Programmable digital currency and stablecoins do exactly the same thing, serve the same purpose as central bank digital currency or the other version, the commercial bank version is deposit tokens. Any of those will do. "Now in the US they've gone down the stablecoin route so they can issue the stablecoins which will be backed by US Treasuries, just like the dollar or just like any kind of dollar instrument will be one to one convertible for the US dollar. So the stablecoins are effectively the US dollar in, in digital form. "But instead of calling it a central bank digital currency, they call it issued by, it wouldn't have to be issued by the Fed. They call it a stablecoin, which is issued by a company like Tether or you know, someone like that. So it's the same system but using a workaround. And that workaround came with the Genius Act which, which came from an executive order that Trump made when he first came to office. "Because the Americans, quite rightly when they were electing their president, were concerned about central bank digital currency. I mean anyone that understands what it is should be terrified of it. So they didn't want it, and Trump promised that they wouldn't have it. Probably. I don't know whether he knew, but certainly the gaggle of technocrats that were around him knew that they weren't going down that path. Anyway, no chance of the US introducing it because of these problems we've just outlined."

Sense Receptor

13,996 Aufrufe • vor 2 Monaten

The Structural Case For Continued Dollar Strength $DXYZ In this Short video, Brent Johnson Santiago Capital and I break down the structural forces supporting continued #USdollar dominance, from global trade and debt markets to reserve holdings and crisis-driven demand. Despite years of predictions about the dollar’s demise, the global financial system remains deeply dependent on it. The key reason is that the #dollar is far more than a currency—it is the backbone of global trade, credit, funding markets, and financial infrastructure. The dollar market outside the United States is actually much larger than the one inside it. Trillions of dollars of debt are owed by foreign governments, corporations, and banks. Much of that borrowing occurs between non-U.S. entities, yet it is still denominated in dollars. That means the rest of the world owes enormous amounts in a currency it cannot create or control. Roughly 58% of allocated global foreign exchange reserves are held in dollars, compared with about 20% in euros. Around half of global trade is invoiced in dollars, including transactions where the United States is not involved. The eurodollar system, the Treasury market, the SWIFT network, and the global banking infrastructure all reinforce the dollar’s dominant position. Many investors point to central banks increasing their #gold $GLD holdings as evidence that the dollar is losing relevance. Gold has indeed become a larger share of reserves, but part of that shift reflects higher gold prices and lower Treasury prices as #interestrates have risen. Foreign ownership of U.S. #Treasuries remains near all-time highs, suggesting the world has not abandoned dollar assets. The most overlooked point is what happens during a crisis. Countries may hold gold as a neutral reserve asset, but when they need liquidity, they often sell gold to obtain dollars. During periods of stress (like the Iran war), demand for dollars frequently rises because global trade, debt servicing, and commodity purchases still rely on them. So, de-dollarization may be happening at the margins, but replacing the dollar is far more difficult than many assume. The structural foundations supporting dollar demand remain firmly in place, and in moments of uncertainty, the world still turns to dollars first. Check out our comprehensive "15 Trading Rules" guide ▶️ This guide includes practical rules for managing positions, taking profits, controlling risk, and avoiding the emotional mistakes that often hurt returns during major market corrections. If you like this video, please ❤️like and 🔁retweet 📺Full episode: Catch me daily on The Real Investment Show:
2:59

The Structural Case For Continued Dollar Strength $DXYZ In this Short video, Brent Johnson Santiago Capital and I break down the structural forces supporting continued #USdollar dominance, from global trade and debt markets to reserve holdings and crisis-driven demand. Despite years of predictions about the dollar’s demise, the global financial system remains deeply dependent on it. The key reason is that the #dollar is far more than a currency—it is the backbone of global trade, credit, funding markets, and financial infrastructure. The dollar market outside the United States is actually much larger than the one inside it. Trillions of dollars of debt are owed by foreign governments, corporations, and banks. Much of that borrowing occurs between non-U.S. entities, yet it is still denominated in dollars. That means the rest of the world owes enormous amounts in a currency it cannot create or control. Roughly 58% of allocated global foreign exchange reserves are held in dollars, compared with about 20% in euros. Around half of global trade is invoiced in dollars, including transactions where the United States is not involved. The eurodollar system, the Treasury market, the SWIFT network, and the global banking infrastructure all reinforce the dollar’s dominant position. Many investors point to central banks increasing their #gold $GLD holdings as evidence that the dollar is losing relevance. Gold has indeed become a larger share of reserves, but part of that shift reflects higher gold prices and lower Treasury prices as #interestrates have risen. Foreign ownership of U.S. #Treasuries remains near all-time highs, suggesting the world has not abandoned dollar assets. The most overlooked point is what happens during a crisis. Countries may hold gold as a neutral reserve asset, but when they need liquidity, they often sell gold to obtain dollars. During periods of stress (like the Iran war), demand for dollars frequently rises because global trade, debt servicing, and commodity purchases still rely on them. So, de-dollarization may be happening at the margins, but replacing the dollar is far more difficult than many assume. The structural foundations supporting dollar demand remain firmly in place, and in moments of uncertainty, the world still turns to dollars first. Check out our comprehensive "15 Trading Rules" guide ▶️ This guide includes practical rules for managing positions, taking profits, controlling risk, and avoiding the emotional mistakes that often hurt returns during major market corrections. If you like this video, please ❤️like and 🔁retweet 📺Full episode: Catch me daily on The Real Investment Show:

Lance Roberts

13,688 Aufrufe • vor 1 Monat

Trump continues to insist that BRICS wants to destroy the dollar. ‘If we lose the dollar’s ​​status as a world currency, it will be like losing a war, a big world war. We will not allow that to happen. There is a saying: ‘the dollar is king’. The dollar is king. And we are going to keep it that way! If anyone wants to challenge that, they can, but they will have to pay a high price for it. And I don’t think any of them are willing to pay that price.’ There is no plan for a BRICS dollar. Only thing there might be is a non-SWIFT payment system and encouraging countries to use their own dollar. Slavyangrad
0:29

Trump continues to insist that BRICS wants to destroy the dollar. ‘If we lose the dollar’s ​​status as a world currency, it will be like losing a war, a big world war. We will not allow that to happen. There is a saying: ‘the dollar is king’. The dollar is king. And we are going to keep it that way! If anyone wants to challenge that, they can, but they will have to pay a high price for it. And I don’t think any of them are willing to pay that price.’ There is no plan for a BRICS dollar. Only thing there might be is a non-SWIFT payment system and encouraging countries to use their own dollar. Slavyangrad

Zlatti71

33,565 Aufrufe • vor 1 Jahr

China is not what you think it is. China was created by America. In 1971 Nixon removed the dollar from the gold standard. The dollar was now worth nothing. So he needed to create demand for it. Two new hallucinations. The petrodollar — oil only sold in US dollars. And China — the world's factory, paid in US dollars. China didn't rise because of communism. China didn't rise because of hard work. China rose because America needed somewhere to park its dollars. China is a hallucination of a hallucination. And here is the problem with that. If the original hallucination becomes unstable — China becomes twice as unstable. Because it has nothing real to stand on. That is why China and America will always need each other. The dream only works if both keep dreaming it.
2:32

China is not what you think it is. China was created by America. In 1971 Nixon removed the dollar from the gold standard. The dollar was now worth nothing. So he needed to create demand for it. Two new hallucinations. The petrodollar — oil only sold in US dollars. And China — the world's factory, paid in US dollars. China didn't rise because of communism. China didn't rise because of hard work. China rose because America needed somewhere to park its dollars. China is a hallucination of a hallucination. And here is the problem with that. If the original hallucination becomes unstable — China becomes twice as unstable. Because it has nothing real to stand on. That is why China and America will always need each other. The dream only works if both keep dreaming it.

Predictive History

24,046 Aufrufe • vor 2 Monaten

There is so much to unpack here… times are changing FAST… Trump says we will now have Dollar-backed stablecoins, which are cryptocurrencies pegged to the value of the U.S. dollar, typically at a 1:1 ratio, to maintain price stability. They are backed by reserves of U.S. dollars or dollar-equivalent assets (like Treasury bonds) held by the issuer. Stablecoins will replace SWIFT, and now be used by Consumers, vendors, businesses, and banks all over the world for lightening fast, ultra-low transactions. The Genius act provides banks, businesses, and financial institutions a framework to issue crypto assets back 1:1 with real US Dollars, treasury bills, and other cash equivalents. He says BRICS wanted to take over the dollar, but is now dead! Dollar decentralization refers to the process of reducing reliance on the U.S. dollar as the dominant global currency for trade, reserves, and financial transactions. It involves diversifying away from the dollar toward other currencies, cryptocurrencies, or alternative financial systems to mitigate risks associated with U.S. monetary policy, sanctions, or economic instability. This will establish the US dollar as the world’s reserve currency for generations to come.
3:48

There is so much to unpack here… times are changing FAST… Trump says we will now have Dollar-backed stablecoins, which are cryptocurrencies pegged to the value of the U.S. dollar, typically at a 1:1 ratio, to maintain price stability. They are backed by reserves of U.S. dollars or dollar-equivalent assets (like Treasury bonds) held by the issuer. Stablecoins will replace SWIFT, and now be used by Consumers, vendors, businesses, and banks all over the world for lightening fast, ultra-low transactions. The Genius act provides banks, businesses, and financial institutions a framework to issue crypto assets back 1:1 with real US Dollars, treasury bills, and other cash equivalents. He says BRICS wanted to take over the dollar, but is now dead! Dollar decentralization refers to the process of reducing reliance on the U.S. dollar as the dominant global currency for trade, reserves, and financial transactions. It involves diversifying away from the dollar toward other currencies, cryptocurrencies, or alternative financial systems to mitigate risks associated with U.S. monetary policy, sanctions, or economic instability. This will establish the US dollar as the world’s reserve currency for generations to come.

MJTruthUltra

503,850 Aufrufe • vor 1 Jahr

#WATCH | India's Got Latent case | Delhi: National Commission for Women (NCW) chairperson Vijaya Rahatkar says, "...The four people appeared before the Commission yesterday. The obscene language they used in the show is absolutely indecent. Commission will never accept it. Using such language is acceptable neither to the people nor to the Commission. I strongly condemn it. Keeping in mind its social impact, NCW immediately took cognisance of it and we issued them notice. In accordance with that, they appeared before the Commission yesterday...When they came yesterday, they expressed regret over their words in the show. They also said that they should not use such words and that they made a mistake...All of them presented apologies before the Commission. They also said that they won't make any such mistake in future...They said that they would be mindful of their words which don't hurt anyone. They would think before speaking. They said that this is the first and last time they did it. Ranveer Allahbadia and others said that what they said cannot be taken back but they would try to be mindful of their words in shows and speak of women's respect..."
4:10

#WATCH | India's Got Latent case | Delhi: National Commission for Women (NCW) chairperson Vijaya Rahatkar says, "...The four people appeared before the Commission yesterday. The obscene language they used in the show is absolutely indecent. Commission will never accept it. Using such language is acceptable neither to the people nor to the Commission. I strongly condemn it. Keeping in mind its social impact, NCW immediately took cognisance of it and we issued them notice. In accordance with that, they appeared before the Commission yesterday...When they came yesterday, they expressed regret over their words in the show. They also said that they should not use such words and that they made a mistake...All of them presented apologies before the Commission. They also said that they won't make any such mistake in future...They said that they would be mindful of their words which don't hurt anyone. They would think before speaking. They said that this is the first and last time they did it. Ranveer Allahbadia and others said that what they said cannot be taken back but they would try to be mindful of their words in shows and speak of women's respect..."

ANI

86,312 Aufrufe • vor 1 Jahr

Yesterday I was accused of being a Chinese propagandist for 2 posts warning of the dangers of Trump’s illiterate foreign policy gross negligence. It is absolutely critical that Americans wake up to the real threat presented by his presidential incompetence. It is no different to his incompetent handling of the COVID crisis, which caused an estimated 200,000 unnecessary deaths in the U.S. The reality is, Trump is the price the rich have had to pay to have a useful idiot in the White House. But in my view, it is a potential huge miscalculation. China will soon become the biggest economy in the world that’s inevitable. Their rise to power is a result of a self inflicted wound delivered by western powers who sought to inflate their bottom line by shipping manufacturing to China. They assumed China was simply a pool of cheap labor in a country that was happy to be exploited. BIG MISTAKE. China played dumb for decades, all the while educating their population, building infrastructure and embracing technology. They were regarded by the world as imitators and China was happy with that label, all the while learning from their perceived slave owners. They played the west and achieved this by exploiting their arrogance and complacency. By the time the U.S. was awake to the monster THEY had created, it was too late. China now has a highly educated population, world class infrastructure, a decade ahead of the U.S. They no longer need to imitate because they are now innovators. Their global dominance of the EV market has left the U.S. standing. They are possibly the only country in the world that could be self sufficient TODAY. It is not good fortune that China has a $1 trillion global trade surplus. They own almost a trillion dollars of U.S. debt. That’s before we talk about real estate holdings and the fact that a Chinese AI startup that wiped almost a trillion dollars off tech stock values. It is slowly selling off US debt and reinvesting in Africa and the Belt and Road initiative. They are a big picture economy 6 moves ahead in the game of geopolitical chess. I suspect they are close to making a move on Taiwan and if that happens, military experts are of the growing opinion there would be nothing the U.S. military could do to stop them. If that happens, they will inherit a 68% global market share of the semiconductor industry. What do you think that will do for their advancement of AI technology? China is playing Trump like a fiddle just waiting to use the BRICS alliance to replace the U.S. dollar as the global reserve currency to deliver the final killer blow. America needs to wake up to the threat Wun Dum Fuc represents to the U.S. way of life.
1:04

Yesterday I was accused of being a Chinese propagandist for 2 posts warning of the dangers of Trump’s illiterate foreign policy gross negligence. It is absolutely critical that Americans wake up to the real threat presented by his presidential incompetence. It is no different to his incompetent handling of the COVID crisis, which caused an estimated 200,000 unnecessary deaths in the U.S. The reality is, Trump is the price the rich have had to pay to have a useful idiot in the White House. But in my view, it is a potential huge miscalculation. China will soon become the biggest economy in the world that’s inevitable. Their rise to power is a result of a self inflicted wound delivered by western powers who sought to inflate their bottom line by shipping manufacturing to China. They assumed China was simply a pool of cheap labor in a country that was happy to be exploited. BIG MISTAKE. China played dumb for decades, all the while educating their population, building infrastructure and embracing technology. They were regarded by the world as imitators and China was happy with that label, all the while learning from their perceived slave owners. They played the west and achieved this by exploiting their arrogance and complacency. By the time the U.S. was awake to the monster THEY had created, it was too late. China now has a highly educated population, world class infrastructure, a decade ahead of the U.S. They no longer need to imitate because they are now innovators. Their global dominance of the EV market has left the U.S. standing. They are possibly the only country in the world that could be self sufficient TODAY. It is not good fortune that China has a $1 trillion global trade surplus. They own almost a trillion dollars of U.S. debt. That’s before we talk about real estate holdings and the fact that a Chinese AI startup that wiped almost a trillion dollars off tech stock values. It is slowly selling off US debt and reinvesting in Africa and the Belt and Road initiative. They are a big picture economy 6 moves ahead in the game of geopolitical chess. I suspect they are close to making a move on Taiwan and if that happens, military experts are of the growing opinion there would be nothing the U.S. military could do to stop them. If that happens, they will inherit a 68% global market share of the semiconductor industry. What do you think that will do for their advancement of AI technology? China is playing Trump like a fiddle just waiting to use the BRICS alliance to replace the U.S. dollar as the global reserve currency to deliver the final killer blow. America needs to wake up to the threat Wun Dum Fuc represents to the U.S. way of life.

𝔗𝔯𝔲𝔱𝔥 𝔐𝔞𝔱𝔱𝔢𝔯𝔰

48,842 Aufrufe • vor 1 Jahr