One thing that concerns me that not many people have talked about is what's going to happen to the US dollar as the world's reserve currency? More and more countries want nothing to do with us and while the US dollar has a huge edge over any other currency, the US becoming a pariah is probably going to impact that.
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It's fine dude, Trump tweeted threats against any country that tried to get off the USD has the global reserve currency so therefore it definitely won't happen. Or something.
Yeah, you can read about it in the project 2025 page online....we know what is coming....we have for a few years...
For those who want to watch as the progress bar of doom slowly progresses...
If Dems were smart, and assuming we have a fair election next year, they'd have their own "Project 2027" in the works right now.
Of course, no one would believe them because they'll walk half of it back before they lose power again, but it would at least show they're adapting.
If Dems were smart they wouldn't have fucked Bernie in 2016
Trump is going to get worse until he's stopped. That has always been the case.
people were literally going back in time to try to assassinate him before the election. that should give us an indication of how bad it is going to get.
Iowa passed a law changing their state's interpretation of the Civil Rights Act to be one that excludes Gender Identity, they claimed they were doing it in order to protect women. This marks the first time that a group was removed from a protected status.
Chaos and Anarchy will break out in the US soon, the bad kind though.
not chaos and anarchy. any disruptions to order and civility will get crushed.
What's really got me sweating is the fact that we're living in sorta good times. A lot of people are struggling of course, and serious issues are unfolding, but imagine what the world could look like if we get hit by the next Great Recession or Great Depression. Things could quickly go from very bad to much, much worse.
I'm no economist, but I hear the economists are not thrilled with what Trump is doing to the economy. We're headed for a recession at minimum, if those folks are anything to go by.
the extent that Trump has gone to remove barriers to committing atrocities likely corresponds to the extent he intends to commit them
This will end with blood in the streets.
Yeah but who's? I have a bad feeling it won't be theirs, it'll probably be the vulnerable and the enemies of the MAGA.
The opposition to the MAGA cult can't just sleep for too long on letting them terrorize everyone's livelihoods since they've gotten the backing and enabling of their 'leader'. They won't sleep to upset everyone's lives.
it'll probably be the vulnerable and the enemies of the MAGA.
Well, it's starting with ours. It'll end with theirs.
Tap for spoiler
Damn this is the edgiest shit I've said since I was in high school, holy fuck
The process of global de-dollarisation,much talked about, is being hastened far sooner than I think most people (at least those not privvy to whatever intelligence existed on Trump and others' motivations and intentions) expected.
The question as to whether the country with the largest military in the world can accept a much-reduced international role (and much reduced share of unearned global wealth to go with it), without kicking off a kinetic world war three will likely be answered shortly.
Trump and Musk appear wide open to exploitation/manipulation, without anywhere near the required experience or intelligence to maintain the US's international position.
Unstable times ahead.
global de-dollarisation
This is the real problem for us in the US. Currently debt doesn’t matter: that’s stupid and short sighted but it doesn’t matter. I’m not entirely sure what global de-dollarisation means but US debt is going to matter a hell of a lot more when we’re treated like any other economy
De-dollarisation is the dismantling of the dollar's role as global reserve currency, which is intimately tied to the petrodollar arrangement, which caused the world to buy oil in dollars for the last fifty years.
I welcome any corrections/clarifications, but off the top of my head, the petrodollar arrangement was an agreement that Richard Nixon's government made with the Saudis in the early seventies where the Saudis agreed to only sell oil in US dollars in return for military support. The agreement was a fifty year deal.
In order for countries to buy oil they needed dollars. This was and currently still is via the selling of US government bonds, which has allowed the US to fund its deficits by printing more and more US dollars. Ultimately the world has paid for that US spending. This ends with the end of the US dollar as global reserve currency.
Trump is showing in real time that the US cannot now be relied upon to provide security, so that half of the petrodollar arrangement is dead and gone. Would you fund the enemy's military spending? Plenty have. And when you wanted to try and sell oil in a currency other than dollars you got a whole lot of freedom!
This de-dollarisation very much suits the likes of Russia (for historical reasons) and China (for sound economic reasons) who do not want a world dominated by the US.
Trump is playing into the likes of Putin's hands fantastically. Not only is Putin getting what he wants from Trump in Ukraine, Trump is also voluntarily dismantling America's position as global leader. I don't know if he is a Russian asset, or if he is just so stupid, or believes the US should be an explicit oligarchy.
Buckle up, the future is not looking good for the US. Countries that have relied on the US are facing a period of serious instability.
The chuds at the top (most of them, anyways) know that this will likely lead to ww3, and that's been the plan. The US is the preeminent military power, so they feel safe, and there's a shit load of money to be made in war and instability.
The chuds at the bottom voting for US isolationism don't understand just how much an interconnected world benefits them and how bad dedollarization is going to be for them. But then that goes along with a lot of people not understanding the benefits of concepts like soft power, humanitarian aid, foreign assistance, etc.
If the people at the top's plan is actually WW3, then they're stupider than they let on.
Sure, in theory it's profitable, in practice though? All you're left with is a wrecked world that's worse to live in in every possible way, and that's assuming nukes won't fly
It's literally the broken window fallacy, which to me has always been a dead obvious problem. Stability, cooperation, and peaceful progress and development has always, and always will be, much more beneficial to everyone in the long run
These people are literally enemies of humanity
And American still just going to whine on the internet and do nothing about it.
If anything this has completely vaporized the "checks and balances" democratic system everyone was so obsessed about.
Americans need to update the constitution where people have the power to dethrone a dictator as of right now theres nothing right?
I'm just hoping it can stay duct taped together long enough for me to get out of country. I don't know if it will :/ I've been doing the protest thing, donating to resistance efforts, boycotts, building community, been doing all of this for years. I've never seen it tangibly help and I'm one of the first to get black bagged if/when this goes full genocide (am trans). I can't do it anymore, my body is aging, my brain is a disaster. I wish I could keep fighting. At least I can bring my labor somewhere else and stop letting my taxes fund the madness that is the US government
No no no no...we just need to run out the clock - it must be almost time for another election. Let me just check the calenda-... ...SIX WEEKS? It's been six weeks?!
Yeah, in 6 weeks we went from being allies, strong trading partners, and friends to honestly fearing an impending invasion. SIX WEEKS
Imagine what the next 6 will bring.