I think this is not the first time you mentioned URSS. I assume you are referring to USSR every time?
Caps, fat fingers and an autocorrect that somehow recognize URSS as a valid name are to blame.
And of course...not paying attention before hitting post!I don't know how old you are but I've watched documentaries of the US of old and old interviews and in those videos it was quite common to hear people casually alluding to a falling USD, a sovereign currency which was perceived to be losing its power sooner rather than later.
I'm 40+, I was raised in a communist country, I've seen and heard this bs about the failure of the US since I was a 6yo kid and they dressed me up and put a flag in my hand to wave at our great leaders, while the whole country was on foodstamps in the '80es, nearly till I finished high school.
But until now all I can see is a strong USD which is still the most powerful global reserve currency at 62%, the green currency which my countrymen have been longing to hold all their lives, the money which people are setting as a sort of an ultimate goal that they are willing to let go of their families and their managerial jobs in exchange for dirty jobs for the sake of its value, and so on.
This is a bit ironic, I couldn't stop myself smiling reading this.
You know, the dollar was more sought during communism here than it's now without it, and it's the same in other countries in Europe that have not switched to the Euro, the more the talk about the imminent collapse the more valuable and harder to get it become, and it's all because that if we ignore the people that all day are predicting collapses and dooms and famine and god knows what the majority in this world trust the green notes. I've seen this in my short trips to Asia and Northern Africa, there is an exchange in every village there is always a hotel and a restaurant that will accept directly $, people that don't care about zerohedge, people that know the notes can be exchanged at ease for anything valuable.