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Well the Saudis just dumped the $USD. I think this is bigger...

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tigmeister

14,044 Posts.

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16/03/23

00:38

Post #: 66790127
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Originally posted by Cosmoterios: ↑

Yes, there is no more money they can print, without causing excessive inflation.

Dum Biden had already printed some $4T in his first two years and they are currently at their debt ceiling of $31T.

Europe is not much better.

Both are maxed out.

China is one of the few countries with spare capacity, and despite the correction of its housing market, they still have some $3.2T in forex reserves.

But I highly doubt they will lift a finger to help US, EU or our country for that matter.

We have been absolutely Fked by these dum ideologue tools in both Brussels and DC.

Btw, I wonder if we could put our Sub order on IOUs??? lol

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Well the Saudis just dumped the $USD. I think this is bigger news than the latest bank bailout.
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