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by thsksbd
777 days ago
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How, and what happens, the dollar collapses is undetermined and out of my control. I can only position myself for it. The dollar could simply enter into a semi-permanent state of 15-25% inflation. Permanent until the USD withers away. This my preferred outcome because I actually like this country. The dollar could collapse to junk status seemingly "overnight". This is very unlikely, but appears to be the course of action preferred by the good folks who are over extending our military position. This will result in wide spread riots. The end result is probably somewhere in between. Sometime in the future. You might object that Im crazy and that nothing will happen but consider the two guys running for president - one just threatened financial sanctions of China, the other sanctions for any country that doesn't trade with USD. Hardly the actions of confident people |
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