What I’m saying is - permanently changing the world order and inducing a recession is not going to be politically popular in the US over 4 years. Republicans will lose the mid terms and the presidential election. Their plan will be blocked because it’s going to take a long time to unwind the current order. How will they protect their incomplete plan and maintain it over the long term? If they are not successful over the short term then over the long term it will unravel. So what’s the plan?Elon will be uplifted into the next level of the simulation? Is that the plan?
somenameforme|1 year ago
For instance you previously mentioned the USD being world reserve currency, which indeed it is. But here [1] are those data. Q4 2024 hasn't been published yet but Q3 has it down to being 57.39% of global reserves. Very soon the USD will no longer be a majority reserve currency, down from a post Bretton Woods peak of 71% in 2000. People are gradually stepping away from the dollar, which reduces our ability to effect change on other countries' economies through monetary policy. And this without any clear replacement for it, yet.
And that's just one factor among many that's changing. These things were all happening long before the current administration, and will continue to happen regardless of who's in power or what they do. Getting back to business as usual would be more likely to accelerate these changes more than anything.
[1] - https://en.wikipedia.org/wiki/Reserve_currency#Global_curren...