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First it was the BRICs nations and now it's the WEF coming after the USD
Posted on 1/20/26 at 4:47 pm
Posted on 1/20/26 at 4:47 pm
As I was watching War Room this morning they played a vid of WEF guest speaker Ursula von der Leyen, President of the European Commission.
Ursula made some remarks about the USD not being the traditional safe haven currency as it once was and it's not wise for nations to rely on a foreign currency such as the USD. She even mentioned Nixon decoupling from the gold standard. Some would say the decoupling of the USD from a gold standard was the setup for the current debasement issue facing the USD today and to runaway US debt. As a US citizen, I can't really refute her concerns of faith in the USD.
The US sits on a $39 trillion debt spiral that is consuming over $1 trillion annually in debt service, that is unsustainable and if the USD is seriously challenged as the global reserve currency the US will be in for a very bump ride.
Today gold closed over $4750/ounce and silver hit $94/ounce
If I would have told you just 5 years ago that gold would appreciate nearly 300% and silver would appreciate nearly 800% who would have believed me?
Here's Ursula's address to the WEF.......
Ursula made some remarks about the USD not being the traditional safe haven currency as it once was and it's not wise for nations to rely on a foreign currency such as the USD. She even mentioned Nixon decoupling from the gold standard. Some would say the decoupling of the USD from a gold standard was the setup for the current debasement issue facing the USD today and to runaway US debt. As a US citizen, I can't really refute her concerns of faith in the USD.
The US sits on a $39 trillion debt spiral that is consuming over $1 trillion annually in debt service, that is unsustainable and if the USD is seriously challenged as the global reserve currency the US will be in for a very bump ride.
Today gold closed over $4750/ounce and silver hit $94/ounce
If I would have told you just 5 years ago that gold would appreciate nearly 300% and silver would appreciate nearly 800% who would have believed me?
Here's Ursula's address to the WEF.......
This post was edited on 1/20/26 at 4:49 pm
9
Posted on 1/20/26 at 4:49 pm to Bass Tiger
If the US Government would stop schitting on the US Dollar, maybe BRICS and WEF would have nowhere to go.
Posted on 1/20/26 at 4:52 pm to OccamsStubble
quote:
If the US Government would stop schitting on the US Dollar, maybe BRICS and WEF would have nowhere to go.
If our deadbeat Congress would pass a balanced budget amendment it would go a long ways towards reversing the financial and fiscal calamity that awaits the US.
Posted on 1/20/26 at 5:05 pm to Bass Tiger
What other currency will they use? The Euro? Good luck.
Posted on 1/20/26 at 5:07 pm to SloaneRanger
The Bison Dollar?
Posted on 1/20/26 at 5:10 pm to Bass Tiger
quote:
If our deadbeat Congress would pass a balanced budget amendment it would go a long ways towards reversing the financial and fiscal calamity that awaits the US.
Hell, at this point I'd settle for them passing ANY budget instead of continuing resolutions. This would be a good start.
Posted on 1/20/26 at 5:13 pm to Bass Tiger
quote:
She even mentioned Nixon decoupling from the gold standard. Some would say the decoupling of the USD from a gold standard was the setup for the current debasement issue facing the USD today
Is there any nation that holds to the gold standard?
If not, she wasted her breath
quote:
Currently, no countries operate on a pure gold standard. That means no government directly tethers physical gold to its currency’s daily valuation or exchange rate on a fixed basis. This once-universal economic system has been replaced by a fiat currency experiment.
Fiat currency is backed by one thing, strength
Thats why Trump is demonstrating US military might. No other country has had that since WWI. We dominated WWII. Even Churchill was forced to admit that in private
Posted on 1/20/26 at 5:25 pm to Bass Tiger
quote:
First it was the BRICs nations and now it's the WEF coming after the USD
The globalist have ALWAYS been against American interests and the dollar!!
They want CDBC....
EVERYTHING America stands for is a barrier to their ideology.
Thankfully, Trump and team is there setting the boundaries.
Why do you think those EU pussy bitches resent Trump?
Because he's not playing their game and setting new rules!
Posted on 1/20/26 at 5:29 pm to Bass Tiger
quote:
If our deadbeat Congress would pass a balanced budget amendment it would go a long ways towards reversing the financial and fiscal calamity that awaits the US.
Bingo. But that will require another branch of government to lead that effort
Posted on 1/20/26 at 5:40 pm to Bass Tiger
quote:
Some would say the decoupling of the USD from a gold standard was the setup for the current debasement issue facing the USD today and to runaway US debt.
Am i correct in assuming that none of these nations are in debt? They all are positive cash flow?
Seems like their debt percentages may be worse than ours... just sayin..
Posted on 1/20/26 at 6:05 pm to SloaneRanger
quote:
What other currency will they use? The Euro? Good luck.
I guess other nations are asking the same question and they're contemplating whether the USD is any less risky than other lesser circulated currencies. It's the debasement of the USD that has nations concerned. Since 2011 the USD has lost 40% of its purchasing power.
Over the past 10 years foreign investment in US bonds and treasuries is on the decline, the passage of a balanced budget amendment would likely reverse that 10 year decline.
Posted on 1/20/26 at 6:11 pm to dafif
quote:
Some would say the decoupling of the USD from a gold standard was the setup for the current debasement issue facing the USD today and to runaway US debt.
Am i correct in assuming that none of these nations are in debt? They all are positive cash flow?
Seems like their debt percentages may be worse than ours... just sayin..
I think you've nailed it. Those who are opposed to the US and the USD as the global reserve currency are contemplating if the USD is any safer than the Euro or yuan. Currently the EU is running a debt to GDP ratio of around 81% the US is running approximately 125%
Posted on 1/20/26 at 6:14 pm to SlackMaster
quote:
If our deadbeat Congress would pass a balanced budget amendment it would go a long ways towards reversing the financial and fiscal calamity that awaits the US.
Hell, at this point I'd settle for them passing ANY budget instead of continuing resolutions. This would be a good start.
Think about this.
Even with a balanced budget amendment the US debt service would still be nearly $1.25 trillion every stinking year. Said differently, the US would have to have a surplus of $1.25 trillion just to pay the debt service on the $39 trillion of US debt.
This post was edited on 1/20/26 at 6:16 pm
Posted on 1/20/26 at 6:56 pm to Bass Tiger
Only the clueless thought that BRICS was going to have its own currency.
Posted on 1/20/26 at 7:06 pm to CitizenK
quote:
Only the clueless thought that BRICS was going to have its own currency.
The only way BRICS rolls out a legitimate alternative global reserve currency is when/if they get the EU and a few other nations to join them and back de-dollarization.
Posted on 1/20/26 at 7:08 pm to Bass Tiger
Japs tried it with the Yen in 1980's and the failure was epic. The EU tried in the 1990's and the failure was epic.
BRICS was never even a real thing other than some investment banker in London turning it into a widget investment. It has NEVER existed and NEVER will
BRICS was never even a real thing other than some investment banker in London turning it into a widget investment. It has NEVER existed and NEVER will
Posted on 1/20/26 at 7:10 pm to SloaneRanger
quote:
What other currency will they use? The Euro? Good luck.
An international currency managed by an international central bank, which is what John Maynard Keynes wanted when he led the founding of the IMF. Had they done that we neve would have had to leave the gold standard.
ETA: Under Keynes’ plan countries would still have their own currency.
This post was edited on 1/20/26 at 7:14 pm
Posted on 1/20/26 at 7:16 pm to Bass Tiger
quote:
I guess other nations are asking the same question and they're contemplating whether the USD is any less risky than other lesser circulated currencies.
It's much less risky
quote:
. It's the debasement of the USD that has nations concerned. Since 2011 the USD has lost 40% of its purchasing power.
Now do the Euro
And the countries in the EU have similar debt issues, without economies that can grow like the American one
Posted on 1/20/26 at 7:16 pm to RobbBobb
I have always wondered who would come to demand the US pay them back or else.
Posted on 1/20/26 at 7:36 pm to Penrod
quote:
managed by an international central bank
This is why it would never work. Too many bad/unreliable people in the world. For all its faults and the debasement, there's still nothing like the dollar.
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