If the USD is dying, as many claim, what is going on with the Euro and the Yuan? It looks like the US is absorbing capital at an ever faster pace. As the bureaucrats refues free market capitalism their next step for sure will be a type of capital control to stop the bleeding. Changing the outlook of the US economy via Moody's won't be enough!
25 sats \ 1 reply \ @siggy47 12 Nov 2023
The exorbitant privilege continues. It really irks me when some Biden spokesman brags about the success of Bidenomics by saying, in essence, "we're doing better than the rest of the world." No shit, and not for long.
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285 sats \ 0 replies \ @TomK OP 12 Nov 2023
I am not sure. The EU really tries hard to to undercut any performance.
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0 sats \ 1 reply \ @lonestarr 12 Nov 2023
USD is still the best of the fiat shit coins. Eventually they all go to zero
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0 sats \ 0 replies \ @TomK OP 12 Nov 2023
Right. Expect high vola and lovely stupid cover stories like the one ''hacking the bond market'' last week to distract us from the collapsing debt bubble.
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