Bank of America issues warning of a US dollar collapse - Upgoat

Bank of America issues warning of a US dollar collapse
submitted by Rotteuxx to whatever 1 monthMar 6, 2024 19:53:35 ago (+32/-3) (watcher.guru)
https://watcher.guru/news/brics-bank-of-america-issues-warning-of-us-dollar-collapse

Also...

https://watcher.guru/news/brics-announces-new-blockchain-based-crypto-payment-system

[ - ] RobertJHarsh 11 points 1 monthMar 6, 2024 21:14:17 ago (+11/-0)

Crash the mother fucker. Let's go. Get it over with while I am still young enough to weather the fallout. I keep saying this and keep catching shit for it. Let it burn DOWN. Let the US crash wholesale. That national debt cannot be paid off.

[ + ] Thought_Criminal

[ - ] Thought_Criminal 4 points 1 monthMar 6, 2024 22:48:35 ago (+4/-0)

It can be forgiven. Just poof gone, like the dollars are created- from thin air and into thin air.
But why would any creditor (debt owner) do that?
Imagine if I owed you 1 million dollars, and your options are:
A: you get fucking nothing and lose your main supplier of food, tech, and physical protection,
-or maybe-
B: you forgive 900K of that and keep everything else (the whole support system of your world) intact.

[ + ] PotatoWhisperer2

[ - ] PotatoWhisperer2 4 points 1 monthMar 7, 2024 05:02:29 ago (+4/-0)

Or you shoot the fuckers dead and take the land and farm your own food for your own people and kill everyone else.

[ + ] GreenSaint

[ - ] GreenSaint 3 points 1 monthMar 7, 2024 03:14:16 ago (+3/-0)

Hell yea. And send me your dick pics too

[ - ] MasklessTheGreat 5 points 1 monthMar 6, 2024 20:13:41 ago (+5/-0)

It will probably happen before global warming but I’m not holding my breath for that either. The sky is falling, niggerfaggots!

[ + ] Scyber

[ - ] Scyber 3 points 1 monthMar 6, 2024 21:42:14 ago (+3/-0)

Global warming is causing the dollar's collapse.

[ + ] Rotteuxx

[ - ] Rotteuxx [op] 1 point 1 monthMar 6, 2024 22:43:18 ago (+1/-0)

No, it's because you ain't paying a carbon tax.

[ - ] HonkyMcNiggerSpic 3 points 1 monthMar 6, 2024 23:29:22 ago (+3/-0)

I hope so. I hope we go ten years with no water or power. It cures a lot of problems. Then the world becomes honest again.

[ + ] Belfuro

[ - ] Belfuro 2 points 1 monthMar 7, 2024 00:51:01 ago (+2/-0)

Lawlessness would be Godliness.

A chance for us to reclaim our own

[ - ] Crackinjokes 3 points 1 monthMar 6, 2024 22:03:19 ago (+3/-0)

With the virtually 100% inflation we had on many items margins were thin to begin with we're actually witnessing the collapse of the dollar. It won't happen overnight. What's going to happen is a steadily increasing rate of what people will view as inflation. It will never say the dollar collapse they'll just be 100% inflation then 150% inflation then 300% inflation then 500%.

[ + ] Sleazy

[ - ] Sleazy 0 points 1 monthMar 6, 2024 22:58:58 ago (+0/-0)

hyperinflation is so much worse than that

try 1000% then 10000% then 50000%

[ - ] Name 3 points 1 monthMar 6, 2024 20:31:20 ago (+3/-0)

If they can force (let happen) a debt crisis heading into the election the candidate who is perceived as more fiscally responsible will win. That’s my best thought.

This one is pretty interesting because it’s not just us fucking ourselves this time; we’ve pissed off some really powerful…things. So we’ve got that working against us.

[ - ] boekanier 2 points 1 monthMar 7, 2024 01:30:29 ago (+2/-0)

the dollar has played its hegemony in the world for far too long. Think of the political and economic consequences of that domination, which were not a good thing for everyone.Time for change. What goes up comes down again, it's just a law of nature

[ - ] Laputois 1 point 1 monthMar 7, 2024 10:11:22 ago (+1/-0)

Newsflash, I can recall a time when you could purchase 10 loaves of sliced bread for a dollar. Try finding 1 loaf for under $2.50 now. It is already here.

[ - ] Barfcock19 1 point 1 monthMar 7, 2024 07:21:17 ago (+1/-0)

Could they be trying to trigger some mass sell off?

[ - ] Had 1 point 1 monthMar 7, 2024 01:11:57 ago (+2/-1)

Where are the "buttcoin sucks!" people? If you didn't see this coming, you deserve what you get. Get your money out of money ASAP. Buy commodities or something.

Side note, what the fuck is the reason that we borrow money? If we cannot afford something, don't spend it. If it is necessary, it is worth inflating the money. And who the fuck do we borrow from? We print money, give it away, then borrow from those fuckers we gave money to. How does this make any sense? How do we not just revolt at this point?

The system HAS to die at this point. It is broken beyond repair.

[ + ] TheSimulacra

[ - ] TheSimulacra 0 points 1 monthMar 7, 2024 09:45:32 ago (+0/-0)

Yea yes goy..,put all your money into a computer in a completely intangible form that requires massive infrastructure and trust to have any value whatsoever!

Right before worldwide cyberwarfare!

Holy fuck how stupid are you?

[ + ] GottaGasEmAll

[ - ] GottaGasEmAll 0 points 1 monthMar 7, 2024 22:10:06 ago (+0/-0)

1 person mining on a pc from 2015 is all thats required and theres no trust needed. You need internet but if they took the internet they would be taking the circus away, which they can't do unless they want to create an immediate revolt

[ - ] RedBarchetta 1 point 1 monthMar 6, 2024 21:48:15 ago (+1/-0)

I'm not trusting the site that locked up my browser which is running on linux.

[ + ] Rotteuxx

[ - ] Rotteuxx [op] 3 points 1 monthMar 6, 2024 22:37:39 ago (+3/-0)

There's only about 45 scripts blocked by brave on that page, get a better browser bud.

[ + ] RedBarchetta

[ - ] RedBarchetta 1 point 1 monthMar 7, 2024 10:18:34 ago (+1/-0)

My mistake for thinking Linux would have saved. On it now.

[ - ] JoesLegHair 1 point 1 monthMar 6, 2024 20:51:43 ago (+1/-0)

I'm pretty sure Bank of America wouldn't say that.

[ + ] Rotteuxx

[ - ] Rotteuxx [op] 0 points 1 monthMar 6, 2024 21:07:36 ago (+0/-0)