This Can’t Go On

Re:This Can’t Go On by roenxi on Wednesday August 04, 2021 @05:13AM (#28058867)

And 2005-2016 saw a sufficient deterioration of conditions for the US public to vote in Donald Trump (!) on a platform of ... there wasn't a lot of agreement on what the platform was, but "the economy is terrible and you're all getting screwed, it must be foreigners ripping us off!" was certainly an element of it.

There are signs that the energy-lite economy growing isn't as useful to people as the old energy-connected one.

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Re:This Can’t Go On by imtringued on Wednesday August 04, 2021 @12:02PM (#28062608)

Well, it's not the foreigners ripping the US off. It's the US willingly providing the reserve currency without having a high enough percentage of the world GDP to deal with the negative effects.

Having a country offer their own currency as the global reserve currency was stupid to begin with. It's no surprise that it will have to end one day.

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Re:This Can’t Go On by throwaway52170 on Wednesday August 04, 2021 @07:37AM (#28059790)

https://www.youtube.com/watch?v=UwfejPdonnU

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