@taylorkenneyitm: China just sent a warning (are you prepared for what comes next?)

ProudPapaSantos🇨🇦🇵🇹 :

They will Blame Ai and it will delete all debt. then they will give everyone a stable coin.

mommashouse :

Buying gold won’t work if our government decides to pull another Franklin D Roosevelt. 🥺

Tecumseh :

Buy silver folks if you can’t afford gold.

Recovering Conservative 🇨🇦 :

They're buying Canadian bonds now

cshack :

No. China is not ditching the dollar. It is actively reducing some exposures, promoting the yuan in its own trade and with select partners, buying gold, and building alternative payment infrastructure—but the dollar remains dominant in China’s overall foreign assets, global payments, reserves, and trade finance. Full replacement faces structural barriers that have limited progress.

Unconventional Healer :

We're modern day Rome. When they crashed their currency ended up changing. Rome was a republic, and was an example of a republic not being overly long lasting. We are also a republic, just a rough copy of what Rome did and was. While they're trying to buy off our own debt with another credit card, and we're expected to have good credit just to rent.... what is this reality anymore.

Golf ⛳️ Edge :

Sounds to me like everyone should live within their means and pay 💰 off debt ASAP

oldschoolgamer427 :

Out of our $40T national debt, roughly $10T to $14T comes directly from the Bush and Trump tax cuts plus the compounded interest on that borrowing. Basic economics says when the economy is booming, you keep tax revenue strong to build up reserves and pay down obligations. Slashing revenues during economic expansions violated standard countercyclical policy, turning an economic peak into a permanent structural deficit.

Ninja :

Govenments do not go bankrupt they create inflation to repay debt, togther with slow but steady process of dedolarisation, US inflation is unstopable .... .. .

DistressedAmerican :

Get everything you can out of usd. Silver, gold, euros, the usd is going to crash.

Bram Visschedijk :

the whole world is ditching the dollar

hkvontrapp :

this has been going on for some time. I'm glad you're educating tho

panzer :

bradmullins651 :

I might be wrong I think this wars were having are about our money and getting people away from gold they're not doing a very good job if that's what they're trying to do

Peter🇨🇦 :

Mejican132 :

Only realistic option isvto default on all those Bond/loans. This would cause D,F credit rating, which would neuter politicians from wasting our kids money on BS pork projects.

MoJo :

“The Corrupt Government” is the “ROOT CAUSE” of this. [shock]

pops :

Taylor you look beautiful in blue[Fire]buy Gold dump the dollars

orginalCory3 :

China has not dropped the Canadian dollar (CAD); instead, Canada and China maintain active

mel :

do they accept Klarna at the Gold store? asking for a friend

Leo Ines :

Fed’s doing all it can to keep USD pristine, but sucking out money for investment and long-term growth

Kyle Koenig :

China ditched the dollar a while back????

Eye-Guapo :

Is this where crypto backed by treasuries get a foothold ?

user5501400850759 :

BRICS

JimCareyReal :

This is where China grossly underestimated the strength of the USD. the USD is omnipresent. it is the definition of money and everyone needs it. ever heard the milkshake dollar theory? the dollar doesn't need oil, debt or anything to latch on to be valuable. it's the definition of money itself.