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re: How likely is the USD to lose its world reserve currency status?
Posted on 3/27/23 at 2:31 pm to ShinerHorns
Posted on 3/27/23 at 2:31 pm to ShinerHorns
quote:
I’m willing to bet within 5 years the dollar will be worthless.
Perhaps even earlier.
Some presidents (Kenya) advise their citizens to get rid of the dollar as soon as possible and announced a period of two weeks.
Why such a period I do not know.
Added to this is the fact that
Kenya signed an agreement with Saudi Arabia and the United Arab Emirates to buy oil using Kenyan shillings instead of US dollars.....
In Saudi Arabia, idiots sign such agreements if they are more confident in Kenyan candy wrappers than in the dollar?
And there are dozens of such examples.
More recently, Kenya? President William Ruto advised his citizens who still have US dollars to urgently sell them.
1
Posted on 3/27/23 at 2:55 pm to ruff fish
Well if the leader of Kenya is saying it, it must be pretty important
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