The DNC is the CCP of the USA.

[WEF Chairman]

@New Guy

Economist Peter Schiff Advises ‘Get Rid of Your US Dollars Now’ — Warns USD’s Reserve Currency Status in Jeopardy​

Economist Peter Schiff has urged people to get rid of their U.S. dollars now as a growing number of countries have escalated their efforts to reduce their dependence on the U.S. and the USD. “The dollar’s reserve currency status is in jeopardy, as is the American standard of living that depends on it. The best move you can make to mitigate your personal loss is to divest of dollars and dollar-denominated financial assets,” he stressed.

Get Rid of U.S. Dollars Now, Says Peter Schiff​

Gold bug and economist Peter Schiff has urged U.S. dollar holders to get rid of their USD now. He tweeted Friday:


His tweet was prompted by an article titled, “Saudi Arabia, Southeast Asian Nations Swipe Left on US Dollar Dependence,” which highlights the mounting efforts by countries in Southeast Asia and the Middle East, particularly Saudi Arabia and ASEAN nations, to reduce their reliance on the U.S. and the dollar. The Turkish central bank also recently unveiled measures to ramp up their de-dollarization efforts.

Schiff tweeted on Thursday:


The economist has repeatedly issued warnings about the state of the U.S. economy and the looming devaluation of the U.S. dollar. In a recent tweet, he cautioned that the U.S. economy is “poised on the biggest economic disaster in its history,” emphasizing that we are on the cusp of a financial crisis that will be bigger than the last one.

I wasn’t asking you, but thanks for citing your sources.

Also, Peter Shiff has been recycling that same schtick since like 2005. Don’t take my word for it, look him up yourself. He’s a well known doomsday merchant.

 

[YabbaDabbaDoo]

I wasn’t asking you, but thanks for citing your sources.

Also, Peter Shiff has been recycling that same schtick since like 2005. Don’t take my word for it, look him up yourself. He’s a well known doomsday merchant.

@New Guy I agree but the Petro Dollar is gone so there IS a grave concern for the economy and RIGHTLY so.

Add to that, Europe is currently underway to cut ties with us so that too will HURT the economy and our global buying power.

BRICS is going to win this economic war.

 

[Dave M]

@New Guy I agree but the Petro Dollar is gone so there IS a grave concern for the economy and RIGHTLY so.

Add to that, Europe is currently underway to cut ties with us so that too will HURT the economy and our global buying power.

BRICS is going to win this economic war.

That would be a massive blow to the US economy domestically and globally. The subsequent fallout would be a bad tumbling of dominoes.
But, let's just have an ice cream cone ....