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simmerup 7 days ago

If the Us keeps attacking its allies economically and militarily the petrodollar will crumble and those trillions of dollars of debt will start to be a heavy burden

Henchman21 7 days ago | parent | next [-]

So it's all going to plan then?

lostmsu 7 days ago | parent | prev [-]

If dollar crumbles, the debt becomes lighter, no?

simmerup 6 days ago | parent [-]

Tons of countries buy the dollar bond because it’s a safe bet. It’s how the world does finance.

If that stops, then the world stops buying dollars. And then America has to start justifying why a printed dollar justifies buying an import from China or Europe of real valuable goods