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> and that's why global debt keeps spiralling. Yes, but if the dollar collapses and is replaced by a new reserve currency while other countries have debts in d
by rbanffy 2mo ago
> and that's why global debt keeps spiralling.
Yes, but if the dollar collapses and is replaced by a new reserve currency while other countries have debts in dollars, they win and the US loses. Only the US loses, keep in mind. It’ll be the first time the US experiences that side of the stick.
- DoesntMatter22 2mo agoIf the US suffers severely the rest of the world will collapse. There's no scenario in which that doesn't happen. Everything is interdepedant and many non US countries (like Europe, Japan, China) depend heavily on the US.