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Greg 🎩
@gregory-1967
♦️ Conversation: Trump’s Policies Weaken the Dollar 🔹️ Trump has threatened to impose heavy tariffs on BRICS countries if they attempt to create a rival currency to the US dollar. 🔹️ Trump’s economic policies could lead to an increase in US debt and a decline in the value of dollar reserves worldwide. In such a scenario, countries might consider using alternative currencies like the euro or yuan to reduce their reliance on the dollar. https://theconversation.com/why-donald-trumps-election-could-hasten-the-end-of-us-dollar-dominance-245305
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Greg 🎩
@gregory-1967
2/ 🔹️ If countries reduce their dollar reserves and sell US government bonds, this could increase US borrowing costs and weaken the dollar’s value. In the worst-case scenario, it could trigger a global economic crisis and raise US debt costs. Ultimately, Trump’s policies might gradually weaken the dollar’s position as the world’s primary currency, potentially leading to a multi-currency financial system.
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Greg 🎩
@gregory-1967
3/ 🔹️ Trump’s "America First" policies and the increased use of the dollar as a tool for leverage could result in the dollar losing its status as the sole global currency.
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𝖒𝖋 𝖘𝖈𝖔𝖔𝖒
@degencummunist.eth
I had HAD a plan to be pulling out profits from crypto come 1/20 but now I’m considering how big capital flight into crypto will be by proxy of being another alternative to BRICs finance… Maybe that will be the eventual fall back for him. ‘Oh the U$D lost a shitton of its value? Well I told you to invest in $WLDFI so idk what to tell you!’ 😹💀
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