Comment by kiwispawn on 30/11/2024 at 23:47 UTC

3 upvotes, 2 direct replies (showing 2)

View submission: Trump Threatens ‘100% Tariffs’ Against Countries Trying To ‘Move Away’ From US Dollar: ‘Wave Goodbye To America’

When there is a bully around. People gather together to defend themselves. The bully in question is in process of alienating his allies. Who won't be in any real hurry to come help. Especially as they also have tariffs put on them. The US general public are going to have a rocky four years. Strange that they didn't learn anything from the first Trump term. If the BRICS nations do decide to set up an alternative currency. It will take years of creating one or haggling over the use of an existing one. But they could easily switch to the Euro. Which would destroy alot of American power overnight. Because no one knows how much currency is out there around the world. Allowing them to print it and not really be accountable to the usual effect of inflation. But if large trading groups flipped. Banks would also flip. Countries all around the world would also start to flip. The end result could be a complete financial meltdown to a long lasting depression.

Replies

Comment by SCphotog at 30/11/2024 at 23:52 UTC

7 upvotes, 0 direct replies

Strange that they didn't learn anything from the first Trump term.

There's a lot of us that are just as dumbfounded about the whole thing as you are. The absurdity of where we are right now politically, is so bizarre and disappointing as to be really kind of hard to comprehend.

I don't know what it is that is wrong with people, but it's a real fuckin' something.

Comment by sitspinwin at 01/12/2024 at 08:24 UTC

3 upvotes, 0 direct replies

The American people have no real power. Voting at the state and federal level are corrupt. We are an oligarchy. The people have had a say in DC politics my whole lifetime.