Thursday, 18 November 2021

US indebtedness can lead to World War and to the total collapse of financial systems based on the US Dollar

The USA is a key factor in world economics as the US Dollar is a reference for many international transactions and this is a lethal danger for international financial stability. In spite of unpayable debt, the Federal Reserve keeps printing billions of US Dollars and there is never ending borrowing on credit cards and loans. What is being done could be a lot worse than the 1929 Wall Street collapse. Inflating is eating out savings of those who can afford the least.

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