Post
Topic
Board Economics
Re: The End of "USD" as the World's Reserve Currency
by
stompix
on 20/05/2020, 09:13:51 UTC
Until now, I have not found a weak point in America, the effect of which is only deadly for the United States but cannot be exported to other countries. America has begun to build India to become an American proxy against China in Asia. America indeed plays god-level politics or indeed officials in other countries do not understand geo economy, geopolitics, and geostrategy.

And India should welcome this move with open arms!
Let's compare Chinese influence vs American influence in Asia, North Korea vs South Korea?
Don't you think India needs a change like this one?



What would India gain from bowing to China and make an enemy of the US? Nothing!

Weak points against America may not be visible to all of us but power shift from America to a new country or to a new entity may happen in at any time unexpectedly. America is enjoying being a super power without any major production or they are producing only top cream level of things and not the life's essentials.

Yeah right, 133 billion in food exports are probably nothing essential. Nor are the 60 billion in pharmaceutical products.
Do you actually believe that nonsense?
That those 2.5 trillion in global exports are making up all the stuff people buy in economies worth 30 trillion?

This is a good article to get over the "everything id made in China"

Right now, the US dollar doesn't have enough of any of these things.
1. It hasn't been backed by anything real since 1971.

Here is one question for you, what is that real thing which is backing up BTCCool