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Author Topic: Why the us dollar might crash significantly  (Read 394 times)
legiteum
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January 18, 2024, 09:02:56 PM
 #41

Global politics is complicated and what you're saying might not be true and what I might not be saying is true too but we can't be sure but I do know that it's definitely difficult to crash the US dollar or even crumble the US government.

Everything has a threshold limit, if the US keeps pushing its limits harder then I don't see why they can't fail.

All the countries knew that China is progressing to surpass US in a decade or two in terms of overall GDP which can turn the geopolitics upside down, so what US needs to do is try to stronger their economy instead of keep repeating the mistake they have been doing for the 50 years.


What makes you think China is so perfect? I would dub their government to be far less stable than ours.

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January 18, 2024, 10:36:13 PM
 #42

Everything has a threshold limit, if the US keeps pushing its limits harder then I don't see why they can't fail.

All the countries knew that China is progressing to surpass US in a decade or two in terms of overall GDP which can turn the geopolitics upside down, so what US needs to do is try to stronger their economy instead of keep repeating the mistake they have been doing for the 50 years.
I also think it would make sense for the US to continue to strengthen their economic sector rather than thinking more about other things that have no effect on the competitiveness they have generated so far. Because the influence of this economic force is also quite clear, it can be evenly distributed and comprehensive for every sector so that any country will remain strong if it has had a lot of success through the economic sector and also other sectors that can influence the economic growth of the country itself.

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January 18, 2024, 11:19:49 PM
 #43

What makes you think China is so perfect? I would dub their government to be far less stable than ours.

   

China is doing exceptionally well compared to US and that is the reality, if you are too blind to witness then I can't argue about that. The US investing heavily on defense whereas other countries are utilizing the same money to bring more revenue to their government.









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January 18, 2024, 11:56:17 PM
 #44

China is doing exceptionally well compared to US and that is the reality, if you are too blind to witness then I can't argue about that. The US investing heavily on defense whereas other countries are utilizing the same money to bring more revenue to their government.

Growth goes up and down, and it's a lot easier to grow when you are starting from a smaller number. China's economy has been running into problems lately that are bad signs for the future.

So what makes you think China is going to sustain that growth? What about their system, inherently, makes it so they will always grow faster than the US?

And China spends a greater percentage of their GDP on their military than the US does, so....Huh

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January 19, 2024, 02:14:50 AM
 #45

during the war conditions the economy involved in the war either directly or indirectly will experience problems. especially the problem of currency value. because the war opponents also want destruction for their war opponents. and in this case the United States must spend a lot of money on its budget to help the Ukrainian military with its military equipment whose nominal prices and costs are not small, including those that disrupt the economy so that it affects the value of its currency in this case the dollar.

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January 19, 2024, 08:09:13 AM
 #46

As joe Biden administration is planning to sieze the Russian central bank asset worth 300B us dollar to fund the war in Ukraine, it may sound logical but it is a move that will not only distabilize the world financial system, but it will also make almost all none western countries around the world to shift away from the dollar, euros currencies as foreign reserves, because no body will see such an event taking place and not taking actions to preserve it asset.
This to me is a very wrong move that will kill the trust that existed between the west and global south.
Major countries around the world will definitely interpret it this way, today it's Russia, tomorrow it will be us, and that action will crash the value of dollar and euros around the world.
https://www.businessinsider.com/us-eyes-using-300-russia-frozen-assets-help-ukraine-backfire-2023-12
Well this is for me a kind of war on economic super powers and the seizure of funds plus the sanctions are just a portion of the ongoing economic war between Russia, North Korea and America that is why some other nations do not even try to violate the interests of the US. It has nothing to do with the dollar getting crashed by other currencies because majority are still pegged to the dollar and that is what it makes stronger than any other currency. The dominance will still be there as long as majority of countries use the dollar to trade commodities worldwide.



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January 19, 2024, 08:32:17 AM
 #47

Here we go. Another wild conspiracy theory about the dollar crashing. Some people need to wake up and face reality which is the dollar keeps getting stronger and stronger with time regardless of the changing times.

The US and the dollar will continue reigning supreme unless they self-destruct due to their own stupidity which obviously has a low likelihood of happening. Think!

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January 19, 2024, 10:39:32 AM
 #48

I think it’s unlikely to happen but not impossible. There are ways that the US $ could potentially crash. One key factor is excessive government debt which can erode confidence in the currency. A large trade deficit where the US imports more than it exports can put pressure on the $ value. Economic instability, political uncertainty & global events can also have an impact on the $ stability. Interest rate adjustments or quantitative easing can affect the value of the $. These factors if not effectively managed can contribute to a potential crash in the US $.

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January 19, 2024, 10:46:31 AM
 #49

What makes you think China is so perfect? I would dub their government to be far less stable than ours.

    

China is doing exceptionally well compared to US and that is the reality, if you are too blind to witness then I can't argue about that.

Bleah, GDP PPP, which the CCP can play around with by subsidizing some thing so it appears than your 100 yuan are worth 1 quadrillion euros, the PPP indicator, or how to tell people in Bangladesh that their bread is the equivalent of dining on foie gras on Champs-Élysées.

Here is an actual indicator, which btw, holds true even if we express it in BTC
https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=CN-US



This is the actual reality!

If you go with that stupid GDP PPP indictor:
https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.CD?locations=BD-CH-SE-NO
Bangladesh is doing better then Switzerland, Sweden and Norway!
That must be the reasons why so many Scandinavians are trying to seek refuge there and not the other way round!  Wink

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