Haste, and the final debasement of the dollar, 98% of the value of which the USG has inflated away, and the resultant loss of reserve currency status, which has been well underway for some time and is accelerating.
We have reached the point in the American Empire that has happened again and again throughout history, where a society's elit…
Haste, and the final debasement of the dollar, 98% of the value of which the USG has inflated away, and the resultant loss of reserve currency status, which has been well underway for some time and is accelerating.
We have reached the point in the American Empire that has happened again and again throughout history, where a society's elites become so arrogant and stupid they have no idea what made the empire possible.
Jacobin Joe and his band of merry socialists are arguably the dumbest, most hubristic "leaders" in our history.
The petrodollar has allowed the USG to spend far beyond its means for a very long time by exporting inflation globally. Every fiat currency in history has collapsed, and when this inevitable fate befalls the USD, the resulting shitstorm will truly be something to behold.
As ever, timing is uncertain. What is certain, however, is that Leviathan will not go quietly into the night.
"exporting inflation globally." - Few understand this.
"resulting shitstorm" - Beginning about now as we see the rise in debt service that demands cuts to things people depend on. Devaluation is necessary to abrogate the debt, worldwide. A lot of people will be very, very mad.
Haste, and the final debasement of the dollar, 98% of the value of which the USG has inflated away, and the resultant loss of reserve currency status, which has been well underway for some time and is accelerating.
We have reached the point in the American Empire that has happened again and again throughout history, where a society's elites become so arrogant and stupid they have no idea what made the empire possible.
Jacobin Joe and his band of merry socialists are arguably the dumbest, most hubristic "leaders" in our history.
The petrodollar has allowed the USG to spend far beyond its means for a very long time by exporting inflation globally. Every fiat currency in history has collapsed, and when this inevitable fate befalls the USD, the resulting shitstorm will truly be something to behold.
As ever, timing is uncertain. What is certain, however, is that Leviathan will not go quietly into the night.
"exporting inflation globally." - Few understand this.
"resulting shitstorm" - Beginning about now as we see the rise in debt service that demands cuts to things people depend on. Devaluation is necessary to abrogate the debt, worldwide. A lot of people will be very, very mad.