Shortmaster (OP)
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July 31, 2024, 01:19:39 PM |
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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.
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WillyAp
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July 31, 2024, 01:27:25 PM |
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What is happening to the worlds internautas, there is so much doubt about the strengths of the $ around. The Dollar allowed Bitcoin to flourish. Meanwhile in the world: Tight government control over foreign exchange has resulted in parallel markets in countries across Africa — from Nigeria to Zambia — hurting the ability of companies and individuals to buy overseas currencies. In Ethiopia, clothing boutiques to jewelry shops often double up as money changers because official rates — until Monday — were administered by the central bank, making access difficult. https://www.bloomberg.com/news/articles/2024-07-31/-etb-usd-dollars-vanish-from-ethiopia-s-streets-as-residents-hoard-forexWithout paywall: https://archive.is/rYbn2Tight governmental controls are on reason their currency is not doing well. It forces business to purchase FIAT. A Crypto Wholesale hub is needed to make Africa/Asia/Latinamerica wealthier
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Die_empty
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July 31, 2024, 02:06:19 PM |
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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.
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Marvell1
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July 31, 2024, 02:20:04 PM |
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I support the theory of the collapse of the USD, but honestly, it won't happen soon because looking at what's going on, it's clear that the USD is still very strong and will continue to dominate the world for a while longer. But nothing lasts forever and things will change over time and USD or US dominance will be no exception.
If we look back at the history of world currency, before the United States, we had 5 currencies of 5 different countries that once dominated the world. So it wouldn't be surprising that another country or another bloc would weaken the USD's dominance and become the new ruler.
It can be said that the most formidable opponent of the US up to now is only China and they are also one of the three founding members of BRICS. But as I said, it will be a long road ahead for those who want to overthrow the United States.
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Yatsan
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August 05, 2024, 01:51:59 PM |
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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.
The notion that the dollar is "falling" usually refers to a sharp decline in its value relative to other currencies, which may result from inflation, currency fluctuations, or loss of confidence It is still the world's currency especially hidden, which makes it a bit more complicated. The media and even experts may have the tendency to exaggerate risks, though worries about those that shatter confidence such as what if no one will accept dollars tomorrow are rightly justified; yet foreseeing accurately a real risk of collapse is highly uncertain since there too many big things looming nearby - but being considered later on in this posting - nowadays when it comes about Economics factors can influence all affairs numerous ways. Financial uncertainty is a difficult thing to navigate, so do yourself a favor and continue to stay informed as much possible but try not lose your mind at the same time when there are reasons for things: More than anything remember perception can have just as big of an impact on reality! It can be said that the most formidable opponent of the US up to now is only China and they are also one of the three founding members of BRICS. But as I said, it will be a long road ahead for those who want to overthrow the United States.
This is very agreeable. China is a major competition for the US as it emerged and continue to rise as global super power with also being a main member of BRICS (Brazil, Russia, India, China, South Africa). sovereign would travel them to "us ". is multifaceted and eventually America But practice speaks a different language still works itself (and who wants to analyze truthfully, must recognize) great influence through established international structures, military power and economic strength. The changing global context will not only prompt a mix of competition and cooperation among the superpowers, but each side is going to encounter unique challenges in their efforts to expand influence. Well obviously we do not know for sure what verbatim happens in the future.
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Morr1s
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August 05, 2024, 01:57:38 PM |
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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.
I don't believe in the collapse of the dollar and the end of the US, it's just fud, as usual, which is now just pouring in at a high rate. We are definitely going to see big changes, especially looking at the situation with the way the government has stepped in to regulate cryptocurrencies.
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Coyster
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August 05, 2024, 02:50:15 PM |
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When dollar collapse ? I keep seeing on Youtube and from experts the dooms day for USA and dollar ?
Experts or anti-USA individuals? It is all just propaganda and we have been hearing about it for a very long time, yet it is other currencies that are collapsing and other countries who are either into full or partial dollarization. The U.S is going to be the world's reserve currency for a very long time and i am also of the opinion that each and every country and their economy can develop and compete, without wishing doom on the U.S and its economy.
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WillyAp
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August 05, 2024, 03:08:00 PM |
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The notion that the dollar is "falling" usually refers to a sharp decline in its value relative to other currencies, which may result from inflation, currency fluctuations, or loss of confidence It is still the world's currency especially hidden, which makes it a bit more complicated.
The Dollar value is not that much in declination. https://www.statista.com/statistics/1404145/us-dollar-index-historical-chart/Funny enough the author of the paranoia is already hinting from where he gets his info: YouTube.
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pooya87
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Well this topic has been corrupted by idiots over the past year or two. If you want pure unadulterated information you should start by finding discussions from at least 3 years ago. The time when a small minority (actual experts) were talking about it and they were being laughed at by the same idiots who claim to be an expert today talking about the same topic. Then follow that line to what that minority is saying today. Otherwise since this particular topic has gotten popular, every idiot on the internet who can't even spell economy has an opinion about it. Specially on Youtube where idiots who call themselves "expert" are only seeking more views on their videos.
So what's really happening? I'm not an expert to explain it to you and I have already talked about this too many times in this board. But to simplify I'd like to think of today as something similar to maybe 2006. The time when the signs of the corruption was apparent for anybody with eyes who knew where to look. The time when the same number of actual experts were talking about the collapse of economy and were similarly being laughed at. A collapse that happens in 2008 and we we Bitcoiners know ever well (not that I'm suggesting we are 2 years away, just that situation is the same). In the years leading to that collapse all the numbers the same corrupt banksters and economists that still control the US economy were publishing were showing that everything was fine. They were reporting fantastic returns and every single statistic was manipulated to reflect that. And yet nothing was truly fine and under the hood the collapse was happening slowly so the final catastrophic collapse came nonetheless in 2008-ish. 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.
It is not something that can be predicted like this because there are a lot of factors to consider and they are changing every day. Also it is not the dollar that is collapsing, it is the US economy and also dollar or the USA won't "end" it will get weaker. How much weaker? Impossible to predict. When? Impossible to predict. What is the level of catastrophe? Impossible to predict. It all could be from something similar to the 2008 collapse all the way to dissolution of US similar to what happened to USSR. When USSR was dissolved, Russia didn't "end" nor did the Ruble or the economy of any of the members of the Union.
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Kelward
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August 06, 2024, 08:42:11 AM |
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I'm not an American but I don't look forward to seeing the collapse of the united states' dollar, if it happens it'll not affect only Americans but the whole world at large for a very long time. Most international trades are done with US dollar and the same dollar is the major currency that is used to know the values of the whole fiat currencies as far as I know. It's the US dollar that is being used to know the value of Bitcoin in fiat so if anything like collapse of the currency were to occur it'll impact negatively on the global economy and speculations for a very long time. Despite whether there's devaluation in the dollar at anytime, it remains the most stable currency to make comparison till today. Maybe another super currency can emerge in the future from a single country of from amalgamations like the BRICS nations, but as of now and in the near future, the US dollar remains the dominant fiat currency.
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Algominer2
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August 06, 2024, 11:39:14 AM |
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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.
If you mean shorter-term weakening of the dollar then it'll happen later this year. However, if you mean the TOTAL collapse of the dollar then probably won't happen for a long time (decades). It's inevitable that it WILL happen due to money printing and debasement, but it will play out of a very long period of time and suddenly it will collapse as the world loses confidence in it a reserve currency.
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Fiatless
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August 06, 2024, 12:13:15 PM |
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I'm not an American but I don't look forward to seeing the collapse of the united states' dollar, if it happens it'll not affect only Americans but the whole world at large for a very long time. Most international trades are done with US dollar and the same dollar is the major currency that is used to know the values of the whole fiat currencies as far as I know. It's the US dollar that is being used to know the value of Bitcoin in fiat so if anything like collapse of the currency were to occur it'll impact negatively on the global economy and speculations for a very long time. Despite whether there's devaluation in the dollar at anytime, it remains the most stable currency to make comparison till today. Maybe another super currency can emerge in the future from a single country of from amalgamations like the BRICS nations, but as of now and in the near future, the US dollar remains the dominant fiat currency.
No currency is irreplaceable. The reason why the US dollar is generally accepted is because of the economy of the country. If the US economy faces any major problem, it is natural for the influence of dollars to decline. Currently, the US economy is going through turbulence, and the dollar might lose its power if the economy faces a major breakdown. Take note that the issue of de-dollarization is gaining more attention than ever before, so we shouldn't be surprised to see a new currency springing up to take the market share of the dollars in the international marketplace. The next BRICS summit is in October, and I am expecting to see these nations come up with policies that will alter the current dynamics of global economic influence.
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ultrloa
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August 06, 2024, 12:15:00 PM |
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I'm not an American but I don't look forward to seeing the collapse of the united states' dollar, if it happens it'll not affect only Americans but the whole world at large for a very long time. Most international trades are done with US dollar and the same dollar is the major currency that is used to know the values of the whole fiat currencies as far as I know. It's the US dollar that is being used to know the value of Bitcoin in fiat so if anything like collapse of the currency were to occur it'll impact negatively on the global economy and speculations for a very long time. Despite whether there's devaluation in the dollar at anytime, it remains the most stable currency to make comparison till today. Maybe another super currency can emerge in the future from a single country of from amalgamations like the BRICS nations, but as of now and in the near future, the US dollar remains the dominant fiat currency.
Never look forward or wish for that to happen since economic state of the world will be affected since dollar is center on almost all trades happened globally. That's why instead of being happy for this incident happened I guess much better for people to look forward about what's possible next action to do if there will be a global crisis will happen. But the current situation is I guess not affecting much to the people and I guess price of USD will recover soon. Although there's a little decrease of income for those who earn dollars if they convert it to local fiat but for sure everything still manageable that's why those incident didn't much create much bigger tension. But for sure Dollars still dominate even if this scenarios which dollar value declines for a while.
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Finestream
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August 06, 2024, 01:25:24 PM |
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I support the theory of the collapse of the USD, but honestly, it won't happen soon because looking at what's going on, it's clear that the USD is still very strong and will continue to dominate the world for a while longer. But nothing lasts forever and things will change over time and USD or US dominance will be no exception.
If we look back at the history of world currency, before the United States, we had 5 currencies of 5 different countries that once dominated the world. So it wouldn't be surprising that another country or another bloc would weaken the USD's dominance and become the new ruler.
It can be said that the most formidable opponent of the US up to now is only China and they are also one of the three founding members of BRICS. But as I said, it will be a long road ahead for those who want to overthrow the United States.
While it’s possible for US dollar to collapse, but for now, it’s still highly unlikely seeing the supply and demand for US dollar is still high and strong. However, with the continuous high inflation and the current high debt of US, its future collapse will never be surprising at all. People have predicted it already, unless if US dollar will find a strong back-up that will prevent this from happening.
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Minor Miner
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August 06, 2024, 01:29:31 PM |
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I'm not an American but I don't look forward to seeing the collapse of the united states' dollar, if it happens it'll not affect only Americans but the whole world at large for a very long time. Most international trades are done with US dollar and the same dollar is the major currency that is used to know the values of the whole fiat currencies as far as I know. It's the US dollar that is being used to know the value of Bitcoin in fiat so if anything like collapse of the currency were to occur it'll impact negatively on the global economy and speculations for a very long time. Despite whether there's devaluation in the dollar at anytime, it remains the most stable currency to make comparison till today. Maybe another super currency can emerge in the future from a single country of from amalgamations like the BRICS nations, but as of now and in the near future, the US dollar remains the dominant fiat currency.
No currency is irreplaceable. The reason why the US dollar is generally accepted is because of the economy of the country. If the US economy faces any major problem, it is natural for the influence of dollars to decline. Currently, the US economy is going through turbulence, and the dollar might lose its power if the economy faces a major breakdown. Take note that the issue of de-dollarization is gaining more attention than ever before, so we shouldn't be surprised to see a new currency springing up to take the market share of the dollars in the international marketplace. The next BRICS summit is in October, and I am expecting to see these nations come up with policies that will alter the current dynamics of global economic influence. It can be said that nothing lasts forever, including American domination. In the past, they defeated another force to dominate the world over the past 100 years, so it was only a matter of time before another country defeated them. But even if that happens, the USD will not disappear completely, it will weaken and no longer be the world's dominant currency. Just like how the USD beat the British pound to dominate the world currency, and the British pound still exists today. The collapse of the USD will not be good for the world because it will cause a global economic collapse but its weakening will be good for the world because we will have more options when fully dependent on the USD.
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Coyster
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August 06, 2024, 06:15:12 PM |
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Currently, the US economy is going through turbulence, and the dollar might lose its power if the economy faces a major breakdown.
What kind of turbulence is the U.S economy going through? I hear so many people talking about this same turbulence, yet the U.S. economy remains the largest/strongest in the world. Meanwhile, it is the economies of so many countries around the world that is going through the turbulence you talk of, yet it seems everyone forgets about that, to wish/predict doom for the U.S and its economy.
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yudi09
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August 06, 2024, 08:20:21 PM |
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The dollar has become the world's currency. Almost all trades are measured in dollars including pairs with cryptocurrencies. Well maybe because of the influence of the economy it is the reason why the USD is used as the world's trade currency. When will the dollar crash, there is a time that can be explained theoretically through videos or text. I think that the various thoughts of world economic experts make the competition in that field emerge like BRICS for the global economy. It's all been arranged.
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Alpha Marine
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August 06, 2024, 08:38:42 PM |
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It can be said that the most formidable opponent of the US up to now is only China and they are also one of the three founding members of BRICS. But as I said, it will be a long road ahead for those who want to overthrow the United States.
When it comes to currency, I don't see China taking over from the US anytime soon, not even in a hundred years. The dollar is so much recognized at the international level to an extent that everything is measured in dollars. For a currency to top that it has a lot to do and the Chinese Yuan is doing that People keep saying the US dollar is collapsing and the Chinese yuan will take over from it, but if the US dollar is truly collapsing as much as they say, the Yuan should have been appreciating against the dollar, but that's not the case. Which means the dollar collapse is exaggerated or both currencies are unstable. People talk like the Chinese economy doesn't have problems of its own like only the US economy has troubles.
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DeathAngel
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August 06, 2024, 08:50:59 PM |
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It’s extremely unlikely that the USD collapses any time soon. I mean don’t get me wrong, inflation will continue to tear through our purchasing power, US debt will continue to spiral out of control. They will continue to put a plaster over the bullet hold though. You have a get out though to protect your wealth, buy & continue to buy Bitcoin.
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letteredhub
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August 06, 2024, 09:47:22 PM |
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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. 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.
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