We are currently engaging in armed conflict(s) to support the petrodollar, but how long will this last? Watch the dollar take a poop if the petrodollar takes a hit in any way.
SWIFT is a great thing for us but, again, how long will SWIFT be the only game in town? Other countries are working on alternative payment systems.
The dollar will probably strengthen in the near term, but with our structural deficits, the overall debt, our lack of manufacturing and our do-nothing army (meaning our fellow citizens who receive public benefits and do nothing, NOT to be confused with the US armed forces), the dollar will weaken in the long run. It is an inevitability I cannot see a way out of based on the current trajectory.
Does anyone have any thoughts on ways we can get ourselves back on track?
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