No. of Recommendations: 40
I've been trying to understand the consternation about the US dollar. Looking at the long-term chart (60+ years of DXY), it looks pretty stable
At no point before 2025 did the Former US have an insane fascist dictator, a supine Congress, and a cabal determined to destroy everything that gave the country a unique, privileged position in the world post-WW II, while handing over control of the future (energy, in particular) to competitors, and abandoning every alliance in favor of "deals" that enrich the dictator and feed his ego.
Maybe it can continue to be successful by threatening and bombing anyone the dictator doesn't like (and who can't punch back). But by far the most likely outcome is a country that impoverishes itself, destroys its future, and finds itself at odds with the countries that *can* punch back. North Korea, writ very large, if not Cambodia.
The USD is not going to come off well. Even a magical return to democracy would leave the rest of the world knowing the country can no longer be trusted to abide by the terms of any treaty or trade relationship or "deal" it makes.
