re: Have we discussed the Milkshake theory? It appears to be happening.

quote:

---

This is the end game of the theory. It could be a year, it could be 50 years

---

It won’t be 50 years. It very likely won’t even be three years because…

quote:

---

Let's say the British pound is the first Domino to fall. How soon would that trigger the next? Would the next, say Japanese yen, cause others to fall exponentially?

---

The Japanese and British economies are the third and fifth largest economies in the world, respectively. Both have already seen major currency devaluations in the past few months. The second and fourth largest economies are China and Germany. China’s currency would be heavily devalued if they had anything resembling an open financial system and the euro (Germany’s currency, ofc) has also taken a major beating.

The dominoes are already falling. Not “about to”. And why is this? Because all of these economies are heavily dependent on imports of raw materials which are denominated in USD. That’s the kicker.

What do you think happens when all of the other major players in the world need oil (for example) but can’t afford to get USD to buy it? They stop using the USD as a middleman and go to other things like gold, food, or maybe even a new reserve currency unconnected to any government (at least in theory).

That’s when shite gets real. When everyone who isn’t tied at the hip to the US attempts to go their own way we’ll see just how invested the US is in maintaining global hegemony. Because we COULD squash them all with a simple flattening of Middle Eastern oil production/export, but I’m not sure if there is the political willpower to pull that stunt or not.