I didn't even mention the fact Russia and China appear to be set to return their currency to the gold standard which would absolutely obliterate the USD..
This is the case allover the world but China's government has the power to do whatever they want and they're playing a long game with gold at the backbone of their monetary future. As far as I can tell, I'm just a dude laying on the couch in his sweatpants..you may not want to take financial advice from me? 😁
I didn't even mention the fact Russia and China appear to be set to return their currency to the gold standard which would absolutely obliterate the USD..
Well China has other problems. They are short of trillions for paying future state pension (urbanized regions only). I will once make a post of this.
This is the case allover the world but China's government has the power to do whatever they want and they're playing a long game with gold at the backbone of their monetary future. As far as I can tell, I'm just a dude laying on the couch in his sweatpants..you may not want to take financial advice from me? 😁