Quote from: Die_empty on July 31, 2024, 02:06:19 PM

Quote from: Shortmaster on July 31, 2024, 01:19:39 PM

When dollar collapse ?
I keep seeing on Youtube and from experts the dooms day for USA and dollar ?
Actually dollar collapse means weak dollar and its not bad thing it means lower rates of fed so it's good for economic boost.
But i ask when the dollar colllapse lol? They keep telling us how bad is the dollar and so much doom and gloom.
So are we really see dollar collapse ? And when ?
It's grazy how much everybody talking about end of usa and dollar...it sounds funny also.

Most of these videos about the fall of the dollar are conspiracy theories that have little merit. Over the years the dollar has kept losing its value but it is still the most popular currency in the world. The majority of international trade transactions are done using the dollar. These predictions about the fall of the dollar have been around for a long time, and to date, the dollar has not been replaced by another currency in the global market.

The speculation that BRICS nations will come up with their currency contributed to the prediction of the imminent fall of the dollar, but we have not yet seen the currency. The US has the biggest economy, and it also has a stable political system, so the dollar will continue to be the primary reserve currency until a stronger currency emerges.

quote]When I checked on the internet statistics provided shows that the United States of America is still in the number one position as country with one of the largest economy in the world despite the collapse of the value of the US dollar. Quite alright.

But then, there are substantial economic matters arising gradually or rather sharply which if not sustainably tackled could lead to the reality of what the conspiracy theories (as you had called it) are envisaging about the US economy and it's currency.
There was a time a bloc known as the BRICS wasn't in existence but now they are and are somehow waxing strong in number and if for anything at least they can't be disregarded as not a threat to the future of the US dollar.

Quote

https://news.bitcoin.com/6-indicators-of-economic-trouble-is-a-us-recession-on-the-horizon/
At the end of the week, U.S. equities experienced a sharp decline, which reverberated through the cryptocurrency market, reducing its value from $2.4 trillion to $2.09 trillion since July 29. Recently, discussions have intensified around the likelihood of an impending U.S. recession, with a soft landing seemingly off the table. Below are six distinct indicators and reasons why this might be the case.