Things must be really bad when the Wall St, JP Morgan propaganda media like Zerohedge feature an interview with a US economist warning the dollar could collapse suddenly with catastrophic resultes for the USA.
Precisely this sudden collapse is now more likely than ever due to the support of media like ZH for Trumps delusional China trade war and Iran war.
The toxic combination of a wall to wall media propaganda, which means power is never scrutinized, decisons are never examined, facts and analysis never feature, together with a raving mad, violent, bully and a Nero 2.0 leader in the White House run by blackmail by an utterly depraved and degenerate bunch of incompetents who have drained the USA of its wealth through the private central bank fraud, and who have, through Kushner, pushed the USA into a catastrophic war with Iran, which has put on full display the US military weakness, lack of up to date weapons, lack of competent leadership,, impotence, bluster and bluff and sheer stupidity, could, indeed, so re arrange oil, energy and currency flows around the globe, that the tide goes out for the dollar very suddenly leaving it with a gigantic debt and no means of funding government.
The US cannot afford the spectacle of mad Trump,JD Vance and Kushner conducting their mad war on Iran one more day as it undermines every shred of hope that America can get is house in order.
China will end up buying up the USA.
Far from being politically backward, and lacking a proper government, the Chinese leadership is far more diverse, open to debate and to the true facts, and far more law abiding than the US in 2026 as is shown by their anti corruption drives. Their good, intelligent, information and reality based leaders are the reason why the Chinese economy is booming despite the relentless attacks from the Epstein billionaires.
The Chinese, Russians move in the reality based info sphere, which is also my info sphere, which is also precisely because the US propaganda media tries to censor me, and join in killing me for the services of the Epstein Billionaires, including Soros and Trump and Kushner as per criminal charges which are totally censored in the USA also by ZH.
Fantasy is the preferred option of a degenerate US empire.
When the dollar does collapse, the likes of the corrupt media like ZH and Tucker Carlson will be the first to complain thattheir dollars are worthless and their families have no future.
Tucker Carlson should be put up against the wall with JDVance and Trump for his lies by omission.
From mdia
What happens if there isn't enough time for a smooth transition to a more broadly diversified monetary system?
This is where my book ends. If confidence in the dollar is lost abruptly, there will be no alternative at scale, at which point interest rates will rise sharply and the liquidity needed for cross-border trade and finance will dry up. Essentially, 21st-century globalization would be at risk under such a scenario.
What probability would you assign to such a scenario?
The dollar's dominance is much like a massive iceberg melting slowly due to global warming. This process typically occurs at the edges and proceeds gradually, but a large chunk can suddenly break off. Figuratively speaking, the danger lies in the possibility that this melting could accelerate dramatically in response to external events, triggering a collapse. I cannot provide you a probability or a date, but I can share my feeling that we're closer to this nightmare scenario than at any other time in my life. I think we should all be much more worried than we have been in the past.
What should investors take away from this conversation?
I have to have two bits of advice. The first is that investors should read more history with an eye toward understanding the differences between the present and the future from the past. History repeats in different ways; studying it allows investors to discern unique shifts in economic structures and politics within the current conjuncture. The second bit of advice comes from my dissertation advisor, who was James Tobin at Yale. He won the Nobel Prize in the early 1980s for his contributions to portfolio theory. During his press conference on winning the prize, a reporter asked him to explain portfolio theory in non-technical terms. Tobin responded simply: “Don’t put all your eggs in one basket.”
https://www.zerohedge.com/geopolitical/foundations-dollar-dominance-are-weaker-anticipated
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