The only solution I see is wiping out the dollar as we know it, a National “bankruptcy” that clears debts and allows the show to go on.
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I agree with you and I hesitate to say this because I have never been a tinfoil hat wearing conspiracy theory guy.
This potentially brings us to one world currency.
The ultimate goal of many progressives and globalist might be the only solution to our problem...... a world currency to replace the dollar. The more debt we sell to foreigners the more power we give to them to dictate what we do when this collapses, right?
If one world currency happens can one world government be far behind? If they can control money they control everything. The ultimate goal of the progressive elite... the same people who derailed us from our constitution with the very programs that bankrupt us.
I am thinking the tinfoil hat might fit me after all. There is no logic to what we are doing right now but if you think in decades vs years (like everyone is focused on) it leads to what some of them have already said they want.
Is this all chance or is this the crisis that precipitates a new constitution when we abandoned our old one? I wish I knew the answer to that question.
I wish I knew, as well. I’m not sure it is a conspiracy so much as merely a consequence of the path chosen.
I’ll tell you this much, if we see another market turn-down this fall, especially one similar to last year, China and others are probably going to win the fight for a new reserve currency on the global market. That’s really the next step and unfortunately, whether on purpose or through oversight, we have given several countries the ability to manipulate our market to force the issue of a new currency.
Sad, really...