A Reddit Refugee. Zero ragrets.

Engineer, permanent pirate, lover of all things mechanical and on wheels

moved here from lemmy.one because there are no active admins on that instance.

  • 15 Posts
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Joined 2 years ago
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Cake day: December 22nd, 2023

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  • Wonder how long the US economy can survive without being proped up by other countries using USD as reserve currency.

    As soon as USD no longer becomes international reserve, the US debt becomes unserviceable because countries that hold and buy US debt will no longer want debt in a relatively worthless actively devaluing currency. That will trigger complete and total economic collapse in just a few short months as the fed replaces debt with money printing and the USD becomes wallpaper.