“US Empire Crumbling” as World Powers Advance!

In a changing global landscape, the supremacy of the American empire is on the brink. The global community, comprised of mighty nations like China, Saudi Arabia, Brazil, and Russia, have their sights set on the U.S. dollar, the cornerstone of American power.

What’s the reason? Using currency to wield power hasn’t won the U.S. any fans. With the Biden-led government at the helm, the strong-arm approach has only pushed nations to look beyond the dollar. They are now actively developing their international financial platforms.

Here’s the big news. This August 2023, a conference of BRICS nations (Brazil, Russia, India, China, South Africa) is in the offing. The highlight? They’re expected to announce the introduction of a gold-backed cryptocurrency.

This futuristic currency promises to be a game-changer. It’s said to be decentralized, which means no single nation can manipulate its ledger or create extra coins, just like that. The trusty attribute that this new currency cannot be duplicated lends it a natural worth. This feature sets it a notch above the U.S. dollar, whose value seems to be dipping each day. It’s easy to foresee that this BRICS cryptocurrency will quickly find favor with nations worldwide. And once these nations no longer rely on dollars for international deals, the dollar will likely lose its charm.

But what does this mean for America? Once the dollar isn’t needed, nations will have no use for dollar-based debt tools either. The likely outcome is a rush to unload U.S. treasury debts, leading to an oversupply in the market. This will make it more challenging and expensive for the U.S. Treasury to sell new debt instruments necessary to support the government’s debt addiction.

Suddenly, America might find itself grappling with the monstrous task of servicing its ballooning national debt, which could run into trillions of dollars annually. The government might have to print dollars at a frantic pace to buy treasuries, essentially servicing its debt with conjured money. It’s like a dog chasing its tail, except it’s not very amusing.

The final fallout of this scenario? A rapid increase in the prices of goods and services (hyperinflation) and an equally quick decline in the dollar’s value. The dollar could be worth nothing at the end of this downhill journey.

It’s important to remember that this shift won’t occur instantly. But once set in motion, it could gather momentum quickly, catching most people off guard. When they realize their dollars are worthless, it might be too late to switch to a more reliable alternative, like gold, silver, or the promising crypto.