I listened until I got to:
“…. And the American empire will contract when the US dollar is no longer the world’s reserve currency.”
At which point I thought, “Here we go; yet another commentator calling for the demise of the US dollar; just like the many others have been doing in vain for the past 2 or 3 decades.”
As I once overheard:
Gloom sells newspapers, books and speaking tours.
One of its corollaries would be:
Pessimists might get to sound smart for a while, but Optimists get to prosper by taking opportunities.
Good luck to anyone betting against American industriousness, competitiveness and sheer power of innovation.
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