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Market collapse incoming. It's all over but the crying, prepare and pray to God Q is real because at this point, we truly need a miracle. However, don't rely on this, get your house in order now! My personal dollar collapse canary just died.

Market collapse incoming. It's all over but the crying, prepare and pray to God Q is real because at this point, we truly need a miracle. However, don't rely on this, get your house in order now! My personal dollar collapse canary just died.

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[–] • 0 pt

first all the debts that have been made with USD as payment format must be paid. So that will keep demand for USD high for a good while, especially in the near term.

But in the long term big players are seeing how sanctions and banks and reliance on the USD may be used against them, as it has been done with russia and individuals on the conservative political side. They will start looking for alternatives.

Whatever they find will begin the real downward spiral of the USD. maybe it will be crypto like bitcoin and monero, or maybe just many many local currencies, but If I was a leader of the country I would definitely feel the desire to get my country off the dependence of the USD.

[–] • 1 pt (edited )

But in the long term big players are seeing how sanctions and banks and reliance on the USD may be used against them, as it has been done with russia and individuals on the conservative political side.They will start looking for alternatives.

Now that Putin called our bluff, a) USA forces Russia to accept payment b) USA sanctions Russia further into a negative feedback loop. C) USA lets it ride

For all of the above, we get fucked. This is the start of asset denominated currencies and the end of the usd.