laatste update: 05-2023
The US dollarโs position as the global reserve currency is at risk due to de-dollarization and increasing trade in Chinese Yuan. With massive debt and interest, the trend is shifting away from the dollar, but it will take years. Consider investing in bitcoin.
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Disclaimer
Everything expressed here is my opinion and not official investment advice โ please do your own research before risking your own money. Lark Davis (The Crypto Lark) is not providing you individually tailored investment advice. Nor is The Crypto Lark registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. The Crypto Lark is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.
Dude think again. Chinas economy is slowly collapsing.
Correct. We fucked
Debt from China is not something I would trust to trade – the Russians found out after taking their payments the CCP didn't want that money back
Dude,the dollar may be going down in popularity, but it will NEVER disappear, just like the US will NEVER allow itself to step back…
Jusr THINK about a World where the USNa y is no longer the POLICE OF THE HIGH SEAS๐ฎ
T
Neither the Saudis or the CCP has a Navy strong enough to PROTECT THEIR OWN SHIT from "waterway" ROBBERIES…๐ค๐ฅ๐จ๐ฏ๐คท๐ฟโโ๏ธ
The us balance sheet is fine