Dollar (Pixabay)
The United States is going to siphon off its European “colonies” to pay off its 35,000 billion debt, says Valérie Bugault, PhD, independent researcher and author of numerous books, including “The Hidden Reasons for World Disorder.”
The dollar crisis and its global repercussions
The international financial system based on the US dollar is facing major challenges, with potential consequences for the global economy and Europe in particular.
The dollar’s dominance as the world’s reserve currency is increasingly being called into question, as the United States faces difficulties in maintaining the value of its currency. This situation could have major repercussions on the global economy, particularly for countries allied with the United States.
Galloping dollar inflation
dollars (pixabay)
Since 2020, the dollar money supply has increased dramatically, with almost a third of all dollars in circulation created in recent years. This explosion in the money supply raises questions about the long-term stability of the US currency.
The desperate search for tangible assets
To maintain the value of the dollar, the American authorities are seeking to back their currency with real assets. This could mean a “drain” on the economies of allied countries, particularly in Europe, to acquire tangible assets to support the value of the dollar.
Towards a digital currency?
Faced with these challenges, the introduction of a digital currency is being discussed in both the USA and Europe. This development could represent an attempt to stabilize the financial system, but also raises concerns about its implications for individual economies and citizens’ privacy.
A precariously balanced financial system
The current situation is described as a “surreal vicious circle”, where maintaining the dollar’s dominance requires increasingly extreme measures. This imbalance could potentially lead to a major financial crisis, the contours and timing of which remain uncertain.
BREAKING: Total US Federal debt has officially hit $35 trillion for the first time in history.
Since 2020, the US has now added ~$12 TRILLION in Federal debt.
In other words, the US has added an average of ~$280 BILLION of Federal debt EVERY MONTH since January 2020.
This… pic.twitter.com/YRQjNkQopc
— The Kobeissi Letter (@KobeissiLetter) July 29, 2024
US National Debt is $35 Trillion.#Bitcoin is going so much higher pic.twitter.com/wIvSMaM8db
—Thomas | heyapollo.com (@thomas_fahrer) July 31, 2024
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