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gerhard7
Geopolitical Economy Report
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Comments by "gerhard7" (@gerhard7323) on "" video.
China's not stupid. 'Exorbitant privilege' comes at a cost particularly domestically. No wonder it's seeking to keep its powder dry. There are currently no serious or willing contenders to replace the USD. The second Trump presidency acknowledges that cost to its own domestic economy and is now belatedly seeking to stare down the RoW. What we're witnessing is that playing out....
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You can't sustain an inexorably mounting US debt like the US has and see its role as the world's primary currency simultaneously and consistently slide. Casino owner Trump as an American may be acting erratically, but he knows that something needs to be done to at least try and stem the rot. Stat.
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