• jonne@infosec.pub
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    4 days ago

    You’ll probably see the BRICS countries ditching the dollar for their own currency within a few years. With USAID gone basically the entire global South will be looking towards China as well.

    Once oil stops being sold in dollars and the dollar stops being a reserve currency, you’ll probably start seeing hyperinflation and deficits and debts actually mattering a lot more than they currently do.

    • ShotDonkey@lemmy.world
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      3 days ago

      And what has always, in all history, been the most effective metod to deflect from incompetence and one’s own corruption? Yes. It will still be a military superpower by then. I hope I am wrong and that the people in the US act swiftly.