Hercules its complete nonsense, its not about the USD or the Yuan its about the global addiction to money printing and debt expansion, this happened with every central bank over the last decade.
This idea that the US is the only economy in trouble and the only currency that may fall completely ignores the realities over all the others.
70% of Chinese GDP is construction !!!! it expanded its credit by 35% of GDP last year. The entire country is living on credit, its markets are in complete collapse and its treading water by printing money and growing debt.
yet we get this constant drivel about the USD collapse, when all the others are in much deeper trouble. Take a look at the global debt to GDP chart
Yet we have the same people spreading American propaganda on the gold thread week after week
What do you think happens to the AUD when China turns our lights out? Q)What happens to the Australian economy when our income crashes? a) Our Debt to GDP lurch out of control and our currency will crash.
Who printed more money in the last decade as a percentage of GDP , Australia or America ? A) Australia
q)Who has the most over valued RE America or Australia? a) Australia
Here we sit in one of the most imperiled economies in the world and yet people cant even apply their own theories to their own economy. All they can repeat is Federal Reserve nonsense about printing presses being able to expand the US economy to infinity.
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