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Believe what you want. Bad times are coming, prepare accordingly. edit: and let me clarify, because you misunderstand me. The size of the US economy is one thi
by throwaway5752 10y ago
Believe what you want. Bad times are coming, prepare accordingly.
edit: and let me clarify, because you misunderstand me. The size of the US economy is one thing, but the stability of an ally's political system and leadership is another. The UK and the US have taken hits that will play out over a long term and are not easily reversible, at a time when the alliance has serious challenges and very capable adversaries.
- slv77 10y agoCompletely understand the benefits of greater global integration including the reduced likelihood of WWIII breaking out but the USD acting as one reserved currency isn't one of them in a deflationary environment isn't one of them.