Comments by "Jafo" (@here_for_the) on "The Truth About De-dollarization and What You Need to Know || Peter Zeihan" video.
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@landon7974 If you watch Pete's old stuff. He contradicts himself constantly. From how Ukraine is useless farm land that can only grow wheat, to other silly nonsense.
Of coarse the dollar isn't collapsing tomorrow. Yet, Joe Biden set the stage using sanctions againstRussia, to show EVERY NATION whose had ever had arun in with the United States, or refuses to let men dress like women & do stupid things like use the bathroom your daughter uses, to the point that these small nation's that they better find another way to do business besides the dollar. They see Joe making African nations promote LGBT Wokeness, or be punished financially.
Just like gold bugs stack metal, because they know you cannot
'BORROW YOUR WAY OUT IF DEBT'. Small nations FEEL they must get awafrom the dollar before CBDCs come into play. These smaller nations arent as stupid as you think they are.
For some reason, you NON contrarians, think you can keep doing the same stupidity fiscally, over & over, without consequences. We get it, your a FOLLOW THE WHITEHOUSE leader, sort of person. & Pete's job is to push the Whitehouse & C I A narrative on war & the W/H economy ideas of Green green green.
You know how many times Joe Biden has said..
& I quote.."AMERICANS ARE DOING GREAT" End quote... about 6 or 7 times.
This guy doesn't even know what a loaf of bread costs, or a pkg if toilet paper. This President probably couldn't even pass a driver's license test right now, writtenor eye test, & yet you follow him blindly, straight into a war that will soon be equipped with F16s.
If you think that an Idiot Ukrainian comedian who runs Europes MOST CORRUPT NATION wont fly a Fighting Falcon, into Moscow??? To dragNATO troops into his Churchill moment?? Your as stupid as the people who believe the DOLLAR will only get STRONGER as we move forward from today.
GOOD LUCK listening to these CIA propagandists- fools. You probably also think that Hunter & Joe didn't receive $10s of millions of dollars in cash payments for favors Joe & Barry did as VP & Prez.
Even as the evidence is being suppressed right jow by the I R S, faster than Billy Clinton can get ur wifes pants off.
You can lie to yourselves because your so stuck on being a Democrats, but it doesn't change reality 1 bit. All these nations are going to stop using dollars, because they cannot live thru sanctions like Russia has. There only chance is to stick together, against the US dollar. & you csn thank Joe for that. 2yrs ago, no one was seriously considering abandoning the dollar.
Today??? 85 nations have expressed interest in what the BRICS are doing. Including Mexico. U know who Mexico is right..
Our GREATEST FUTURE trading partner, according to 'Man Bunn Pete'... anyway..
Joe has also destroyed our relationship with Saudi Arabia. You know what Pete's answer to that was a few weeks ago???
(Paraphasing) - "We dont buy hardly any oil from Saudi Arabia anymore, [~5%] so who cares". This guy is so hing up on how smart he is, he cant see past his own delusional ideas. Like how he said *Ukraine is doing the USA a SOLID, by taking a buncha old weapons ($100 billion worth) off there hands*. So to what end?? The Pentagon can spend $300 billion replacing/buying new weapons, & make more wealthy people from arms dealers. Yeah, thats genius thinking there. You all are so smart. & everyone else is so stupid. Wonder how we would all get along without your gang running things??
🤡 's
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@ivt2696 if you think the entire globe, including the absolute bedrock of the dollar, which was that all of Opec, not just Saudi Arabia, sold oil in dollars. Isn't in its detrimental end, of a 50yr run, you are also delusional. No, the dollar will not magically collapse any time soon. Yet its been the use of it by 40 other nations, as there own reserve currency. As well as literally all large global trade done in dollars, that keeps the currency so strong, when the US has $32 Trillion in debt. & by this time in 2yrs, it will be closer to $38.5 Trillion, with no ceiling on US debt for 2 yrs. How anyone could believe the dollar, over the next several yrs, will remain strong as ever, is ridiculous. Yes, it will be yrs, maybe decades, before its no longer #1. Nobody arguing that. What people are saying, but your side isn't listening, is that there will be NOBODY TO ACTUALLY BUY THE USA DEBT, other than US citizens being forced to buy US Treasury debt. How you ask?? Thru your 401k, IRA's, & other retirements that are forced to buy an ever increasing % of USA government debt.
When none if the largest 85 nations want to buy US bonds, they still must be sold, & bought. & they will be, but by force, your fund management will be required to buy ever increasing %'s of your retirement, in Treasury bonds/ bills.
You fools are being suckered into semantics here. Yes, everyone globally will see pressure on there currency, but the ratios will not be equal as you somehow believe. Russian Debt to GDP is 16.8%. The USA is morevthan 5x worse. Thats just 1 example.
No, the Ruble in our lifetime will not overtake the dollar. Yet, it doesn't have to. Its the gains by others, & the loss of the dollar, measured by funds like thr DXY, that will cost American consumers greatly in purchasing power. Just because Joe Biden & AOC believes we will be Fossil Fuel independent in 10yrs, doesn't change the rest of the globe who will not be, & have no intentions of it either. Energy is the key to a nations prosperity. We are losing are greatest advantage globally, right in front of your eyes. & you are so blinded by how far the dollar must fall to become #2 or worse, that you think #1 means the same economic prosperity you have seen your entire life.
Please, all of you. Remember this topic. Remember how glad you feel that the dollar will always be as good as gold. So that you can tell your grandchildren how you remember those days.
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