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How the U.S. Dollar Rise Will Cause the EPIC Fall of the U.S Empire
Argentina and Brazil are discussing creating a new common currency called 'sur' for use in Latin America. This new currency will not replace each country's currency but will be used alongside it to reduce dependence on the US dollar. This is part of a larger trend towards "dedollarization", or reducing reliance on the US dollar in global finance. This shift is happening because of geopolitical changes and economic crises, which have eroded trust in the US-led global economic system. China is a major player in this trend, and tensions between China and the US are rising. The creation of a new currency in Latin America would weaken US foreign policy, limit the impact of US sanctions, and alter the geopolitical landscape towards a multipolar world.
The government spending money on military expenses during a time when many people in the United States are losing their jobs and struggling to pay their mortgages can have big consequences for people.
Spending money on the military can take away money that could have been used to create jobs and build things in the United States. This could make the economy weaker and make it harder for people who are struggling to find jobs.
Also, mortgage rates are going up, which means it will be harder for people to buy homes or even pay for the homes they already have. This could lead to more people losing their homes and having a hard time getting back on their feet financially.
When people lose their jobs, they have less money to spend, which can slow down the economy even more. It also makes it harder for them to find new jobs in the future.
Overall, the government needs to be careful about how it spends money during tough economic times. They need to think about how their decisions will affect people and work to find solutions that help both national security and the economy.
TOPICS AND TIMESTAMPS:
What’s Happening 0:00
New Currencies 8:19
War 11:40
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