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If so then the value of stocks could crash & inflation would accelerate. Also imported goods would become much more expensive. Not just the USA but other nations including Australia. Were this to happen then there would be great upheaval including those nations such a collapse it is supposed to benefit.The Greenback is not long for this earth....
If so then the value of stocks could crash & inflation would accelerate. Also imported goods would become much more expensive. Not just the USA but other nations including Australia. Were this to happen then there would be great upheaval including those nations such a collapse it is supposed to benefit.
I’d be careful about investing too much money in the stock market. Even your crypto would collapse in value because much of it was s tied to the value of the US dollar.
I suspect we might return to a mercantilist world where gold or even barter would be some of the major means of exchange. Commodities would become more valuable & those without might starve. That was the world over 100 years ago when famines were common @Frood. There was also a lot of unemployment & jobs were scarce. People relied a lot more on creating their own ‘jobs’ such as farming.
All those tech toys ya’ll take for granted would become much more expensive and out of the reach for many like they are for the masses in their places like Brazil or China. It takes months or years for their citizens to save up and buy something we can buy instantly. Ie Many a Chinese factory worker can’t even afford an iPhone they work so hard to manufacture whose abundant supply we take for granted.
Credit would be much harder to obtain. Not just the USA but Australia. So I hope you’re well prepared and financed for the future you wish for Frood. Keep in mind that your holdings in crypto could become worthless eh.
The Greenback is not long for this earth....
The single biggest problem is the uniparty needs to massively cut government spending. The debt is just out of control which is not sustainable given higher interest rates needed to fight inflation.
I don't buy Bitcoin as an alternative because regulators are going after crypto, the exchanges, and banks which back it. What value does crypto have of you cannot convert it into cash?
I never put a penny in crypto. I just pay attention to what is real and what is speculative.
If so then the value of stocks could crash
Apparently lots of fools did. Gold Silver and Copper. These metals will mean more and more as shit falls apart.
Seamajor is pretty fucking stupid. Isn’t he?Oh fuck, metals are nothing without companies who use them in their production.
Who do you use to trade your commodities?
Seamajor is pretty fucking stupid. Isn’t he?
Oh fuck, metals are nothing without companies who use them in their production.
Who do you use to trade your commodities?
I must own 10 tons of the physical thing in a warehouse.
Garretty, can you please explain you position?
Copper is about $4 a pound.
If you have 10 tonnes of it, that is worth about $80,000 less processing costs.
Joo Dog spent that much on manicures last year.
Know you place, peasant.
I never put a penny in crypto. I just pay attention to what is real and what is speculative.
Oh fuck, metals are nothing without companies who use them in their production.
Who do you use to trade your commodities?
For the sake of the entire planet 'Murican hegemony must be destroyed.
Unipolarity has been a disaster.
At some point, copper's gonna blah blah blah
what's your position ? ass up ? pillow biterGarretty, can you please explain you position?