Loading ...When the Empire finally fails, all those nations that think they are holding gold or the paper equivalent in NY can kiss it goodbye. There will be a default/debt jubilee that wipes out 17-20 trillion US debt. Heck look at Russia now, default 1998, clean slate and combined with the other BRICS, more economically powerful/stable than the EU or US. TPTB are jealous and caged…a bad situation.
A default isn’t much different than Nixon Aug 15, 1971…they will get on with it when forced. In the meantime TPTB will hold onto the status quo ALAP
The Petrodollar is on its last gasp and TPTB know it, just like the rest of us dummies.
When a new reserve currency takes hold, the US still has the most gold and biggest gun, assuming planet Earth doesn’t vaporize.
DJmm tip of the transmitter to Farmboy..but when I googled Sting, I got something not as old as him…Fits though!