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Key US yields at 5% and rising.

All those folks out there supporting the Iran war have got it coming. It's going to be a double whammy when the stock market tanks. You lose your life-savings as the debt noose tightens around your neck keeping it shut like the Strait of Hormuz.

Spirit Airlines is the canary in the coal mine.
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If only it was just that. Buried in the dung heap is the hollowed out value of all the Treasure bonds that the Fed has had to buy to soak up demand , if they couldnt push them onto banks and financial institutions or pension funds. The future purchasing power of those "investments" is going to plummet as they mature down the track, unleashing more inflation and risking bank collapses even as Americans are already in a deep recession..😷
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@sree251 You my friend ask all the right questions. The answer is because people usually adopt a viewpoint based on what is "right"(Which Swirlie so often is). But at a money person I factor in human greed and can see both what is right, and what is going to happen..😷
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1490wayb · 56-60, M
it ALWAYS returns and zoom to a new all time high...ive survived 5 major crashes just fine
@1490wayb All of that is based on the assumption that the USD will be the world reserve currency. That is absolutely not a given.

The world used to run on the Pound Sterling till it didn't and the British Empire was gone in a single generation.
sree251 · 41-45, M
@PicturesOfABetterTomorrow
All of that is based on the assumption that the USD will be the world reserve currency. That is absolutely not a given.

The petro-dollar cannot be junked in a day. It will take at least a decade for it to decline and get sidelined by an alternative global financial system.

The world used to run on the Pound Sterling till it didn't and the British Empire was gone in a single generation.

Quite right. A generation is about 20 - 30 years. The US dollar will get dumped faster than that based on the way we have debased and weaponized it with our horrid foreign policy.
@sree251 The USD cannot be junked? Why? Because it doesn't fit your feelings? Nobody asked London if they were cool with it before dumping the Pound Sterling.

The alternative financial systems already exist and the USD has been declining for about a decade. The fact you are just noticing now doesn't matter.


Again. The US has been in decline for at least a decade and Trump just hit the accelerator and has done literally everything possible to make sure it goes off a cliff early.

Trump has destroyed the US both inside and out.
sree251 · 41-45, M
@swirlie
I hate to sound pessimistic, but realism would tell me that your perception of America as the best place to survive when the shitte hits the fan is folly at best. As an American however, you don't have any other choice anyway but to continue to live in the USA, so whether it remains the best place to survive in is really quite irrelevant at the end of the day.... for Americans.

I have ways to get out of the US and live elsewhere if I want to. I traveled quite a bit in Europe and Asia for over ten years. I am not like Dogman, attached to his Ram. I can go, and have gone "injun" like Kevin Costner in "Dances with wolves". I have lived in the highlands of Borneo. I have a sailboat still moored in a marina offshore Singapore. If I have to leave, I would pick Asia. In times of trouble, living a basic life among the simple folks is safest. I have a sailor friend, a Brit, holed up in Bhutan. Money. You've got to have money. I am no fool, swirlie. I have a stash hidden offshore just in case, for a rainy day. Looks like a storm is coming. If it gets real bad, I will leave; otherwise, I prefer living in America, or Canada even.

The very fact that you're still investing in your own country by purchasing one-month treasuries is telling me that you're not actually comprehending the gravity of America's rapidly degrading situation on the world stage.

Treasuries is the best bet. I am no stranger to wealth management. So, don't argue with me because I don't want to discuss this on the internet. Anyway, I am not sure the doomsayers are 100% right. Chances are, we are going to have a rough ride.
swirlie · 31-35, F
@sree251
I am no fool, swirlie

You're not a fool? 🤔 Oh, my mistake, I always thought you were a fool!

I stand corrected. I take it all back now and I thank you for that clarification.
sree251 · 41-45, M
@swirlie
You're not a fool? 🤔 Oh, my mistake, I always thought you were a fool!

I stand corrected. I take it all back now and I thank you for that clarification.

Don't do that! You did not make a mistake. Hold on to your thought. You must have had good reason; otherwise that thought would not have surfaced.

Let me explain. We do not live in the same world. Imagine that the world is a bubble, and you are it. Each of us have our own world. The me in your bubble is not the me in mine. Your me is a fool. Deal with it.
sree251 · 41-45, M
@PicturesOfABetterTomorrow
The USD cannot be junked? Why? Because it doesn't fit your feelings? Nobody asked London if they were cool with it before dumping the Pound Sterling.

I said that the US Dollar cannot be junked in a day and be replaced by another trading system. It takes time.

The alternative financial systems already exist and the USD has been declining for about a decade. The fact you are just noticing now doesn't matter.

Please don't confuse the US Dollar as a currency as opposed to a global trading system based on the US Dollar. No doubt there has been a shift away from the US Dollar trading system because it is being abused and weaponized by the US Government. Even China cannot stop trading in US Dollar because of the huge $660 billion trade volume with America. How does China buy mangoes from India and avocados from Mexico? Both mangoes and avocados would have to be repriced in Yuan. How do you do that? Of course it can be done but it takes time to switch over from the present system where everything is already priced in US Dollars. We need to eat mangoes and avocados right now or they rot as we talk. So, let's do it in US Dollars and close the deal now.

Again. The US has been in decline for at least a decade and Trump just hit the accelerator and has done literally everything possible to make sure it goes off a cliff early.

Yes, we know that.

Trump has destroyed the US both inside and out.

Trump is the latest destroyer of America. The US is something else. It is the government of America.
sree251 · 41-45, M
@PicturesOfABetterTomorrow
The USD is definitionally no longer the global reserve currency and just one of several. Only 50% of central banks still hold reserves in USD and it is dropping. It was 80%.

We are no experts talking about an expert subject matter. I yield the floor to you.
@sree251 I got that last point from Dr. Richard Wolff who actually teaches university economics for a living so that is not coming from nowhere.

And all those billions of USD sitting in vaults is a huge part of how the US staves off inflation or even hyper inflation. So the more of that gets dumped on the market the more worthless the USD is just based on simple supply.

It also shows a general lack of confidence of the stability of the dollar.
sree251 · 41-45, M
@PicturesOfABetterTomorrow
It also shows a general lack of confidence of the stability of the dollar.
The US dollar is backed by American businesses. The total net worth (market value) of U.S. nonfarm nonfinancial corporate businesses reached a record $36.93 trillion in Q1 2026, marking an 11.89% increase over the previous year. The top 500 U.S. companies alone generate nearly $20 trillion in revenue, with top companies like Nvidia and Apple exceeding $4 trillion in market cap.

Has your Dr Wolf factored in the entrepreneurial engine driving the US dollar?
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