Let us not forget about the eventual overtaking of the PETRO-DOLLAR by the PETRO-YUAN. It is happening every minute of every day. Markets accross the world are dumping the dollar, who would blame them for doing the rational thing in the face of insanity.
That's the real news, not some randoms "omg! I lost my $50 dollar investment and now it's $25 dollars".
Buckle up everyone, next year is going to get bumpy everywhere.
well, i don't know...i see that the change of euro-dollar is low, but is not so low!
Do you really think that the in the next future the finance currency will be the yuan?
Yes, countries around the world have been systematically dumping the dollar and filling up their reserves with yuan and euro.
First look at how even the dollar became the international currency. A lot of backroom talks happened between Saudi Arabia and the USA following WW2.
Here's a hint: the USA was the biggest importer of crude oil at the time, now China is the biggest importer of crude oil and the saudi's have agreed to start using the yuan to trade with China.
The New Silk Road initiative that hardly gets air in the USA also, it involved both Koreas to create this new corridor of trade. Everything else during the korean summit was just lip service to keep the USA happy.
Also other countries have been doing trade deals amongst themselves and excluding the USA out of these deals.
And another thing, China has been investing into the infrastrature of Latin America, Africa, and other countries affected by the USA's greed for over the past 20 years. They have fixed their roads, ports, city's infrastrature, etc. China is way ahead of the USA.
Now ask yourself, why are all the news channels in the USA so focused on commentators giving you their views instead of actual reporters giving you the facts? It's Trump TV 24/7 in the news channels, but hardly any mention of what the rest of the world is doing.
I remember the 2008 recession, and I can tell you people are doing the same idiotic things as last time. Everyone is pulling out credit because regulations are not being enforced and credit has been relaxed.
Bitcoin will be the gateway to get out of a dying out-dated currency.
This is not secret information, it is public information for anyone to find. It is hard to find it because if you simply google it, it will be sent to page 10 and we all know people don't go past page 2 to find information.
Other empires have fallen, why is anyone today so special that they won't fall.
edit:
Reminder for everyone that relies on the dollar:
Cyclic recessions are literally part of the economic system. It happens ~10 years, if the system you abide by failed to educate you about this, then start learning on why they happen and can be a good thing for an economy if the cyclic recession is not taken advantage of by greedy actors. In the current case of the USA, the cyclic recessions have been exploited by greedy actors.
