Maybe we won't know they have lost control until the whole world knows it; I think like recessions we will only prove it by lagging indicators. Obviously, the Swiss think that nothing will unseat the US as issuer of the world reserve currency. I still think that things may unravel in the fall. Like Rickards believes, the IMF will then try to backstop the world with the SDR, maybe with inclusion of gold and silver in the basket. But I think China will not want to go along with anything tied to the debt-based US dollar; they have spent decades building the world with development projects, the US elites have spent decades destroying the enemies of Israel, and making Daddy Warbucks rich. We live in interesting times.
You are viewing a single comment's thread from:
People will want nothing to do with the Bankster's SDR. I used to think Rickards was right on that SDR stuff - The Banksters will be Anathama when this next economic tsunami rolls in. The new currency will be Cryptos. So, get your ETH/BTC (and Silver) Now. Miniing shares will also do very well for a while.