Biden's seizure of foreigners' assets now means that no-one in their right mind would trust their assets to a US financial institution - I've long refused to trade US equities for similar reasons.
Many people have long believed that Fort Knox doesn't contain anywhere the amount of gold the USA claims it does - the last fair dinkum audit was in the 1970s. As for the cryptocurrency ETF the US enabled - sheeeeesh!
With US $Debt now exceeding 34 $Trillion and its government spending like a drunken sailor stumbling through Los Vegas casinos on wars, WMDs and anything except replacement of its inadequate and ageing core public infrastructure; it's a perfect storm in the making.
