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US General Domestic Politics (2023) # 16 (04/25/23)


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12 hours ago, esanders9863 said:

Because they know better to bring up bills when we have to raise the debt ceiling in order to pay bills that were voted on, and this includes bills that were voted on under President Trump and every president before him, this is mainly a political act just to make President Biden look bad, because in the same circumstances under President Trump they voted to raise the debt ceiling two or three times with no question asks, because they know then as well as they know now you discuss the budget during the proper time of discussing the budget, and when you agree upon between the house and a senate on what budget needs to be increased or decrease, that's the time you do it

      🤣 That is actually hilarious e. Since the sorry excuse of humanity known as biden is nothing more than a puppet that was installed in the position rather than actaully elected by traditional election rules and regulations of the U.S. because of a contagious virus intentionally released by a communist country known as china that started a worldwide pandemic costing over 20 million their lives, because their communist controlled government hated having to forfeit hundreds of billions of dollars that was being imposed on them by the previous elected leader of the U.S. Furthermore, everything the corrupt puppet known as biden and his corrupt family has done since then to support the ccp of china, has been more than enough proof.

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On 4/28/2023 at 5:33 AM, esanders9863 said:

By Karl RussellJoe Rennison and Jason KaraianJuly 16, 2022

The value of the U.S. dollar is the strongest it has been in a generation, devaluing currencies around the world and unsettling the outlook for the global economy as it upends everything from the cost of a vacation abroad to the profitability of multinational companies.

      I'm not sure where you may have been getting your news information from e, but you might want to consider changing whoever it has been since the U.S. dollar has been quite close to being replaced as the worlds reserve currency by the yaun, which is the current standardized currency of the communist controlled government of the CCP of china. If that happens to occur, there will likely be not only be a fully caused highly inflated recession in the U.S., but also a fully caused depression of terrible consequences in the U.S., as well as other countries around the world because of such radical nutjob leftist ideologies being allowed that actually could cause and permit such occasions as actually occuring.

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2 hours ago, Nicholas said:

      I'm not sure where you may have been getting your news information from e, but you might want to consider changing whoever it has been since the U.S. dollar has been quite close to being replaced as the worlds reserve currency by the yaun, which is the current standardized currency of the communist controlled government of the CCP of china. If that happens to occur, there will likely be only be a fully caused highly inflated recession in the U.S., but also a fully caused depression of terrible consequences in the U.S., as well as other countries around the world because of such radical nutjob leftist ideologies being allowed that actually could cause and permit such occasions as actually occuring.

Your highlighted information is in question as well. (1st artlcle)  The rest of the post in red is just fearmongering. (rebuttal in 2nd artlcle)

MARKETS.BUSINESSINSIDER.COM

The dollar will lose ground, but the odds of the yuan becoming the global reserve currency are "profoundly unlikely to essentially impossible."
MARKETS.BUSINESSINSIDER.COM

"The BRICS would also be poised to achieve a level of self-sufficiency in international trade that has eluded the world's other currency unions."

In addition to eroding dollar dominance in trade, a BRICS currency could weaken the greenback's status as a reserve currency.

BRICS governments could induce their own households and companies to buy assets in the new currency with their savings and "effectively coerce and subsidize the market into existence," he added.

Sullivan also noted that it would not spell the end to the dollar's reign — which still accounts for 84.3% of cross-border transactions — but possibly contribute to a multi-polar regime.

In fact, some decline in the dollar's strength could be a good thing, he writes. At the moment, the greenback's high price costs the US jobs and lowers exports.

 
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