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-   -   Dollar in Trouble if Republicans win? (http://www.politicalchat.org/showthread.php?t=13750)

Oerets 11-06-2022 05:33 AM

Dollar in Trouble if Republicans win?
 
Will the US Dollar lose it's standing as the World’s Reserve Currency?

Take a big hit for sure.

Countries now holding Dollars selling them off?

Fearing the unstable times ahead in the US.

Somehow if it does happen the Democrats will be blamed that can be assured, guarantied!

Dondilion 11-06-2022 06:52 AM

Quote:

Originally Posted by Oerets (Post 412841)
Will the US Dollar lose it's standing as the World’s Reserve Currency?

Take a big hit for sure.

Countries now holding Dollars selling them off?

Fearing the unstable times ahead in the US.

Somehow if it does happen the Democrats will be blamed that can be assured, guarantied!

The seizure of Russian assets, especially those of private citizens, has alarmed oligarchs all over the planet earth.

Now, these oligarchs have serious political weight wherever they are and so are using it to push for changes in the direction of less exposure to the financial power of US and its close associates.

Oerets 11-06-2022 06:58 AM

The election may well be the tipping point I fear. Where safer havens are needed.
Seeing the dollar as unstable like the government will be.

So far the saving grace is no real second choices over the dollar.

RickeyM 11-06-2022 07:08 AM

Quote:

Originally Posted by Oerets (Post 412843)
The election may well be the tipping point I fear. Where safer havens are needed.
Seeing the dollar as unstable like the government will be.

So far the saving grace is no real second choices over the dollar.

Yet...

Rajoo 11-06-2022 10:21 AM

Quote:

Originally Posted by Oerets (Post 412843)
The election may well be the tipping point I fear. Where safer havens are needed.
Seeing the dollar as unstable like the government will be.

So far the saving grace is no real second choices over the dollar.

What I do foresee is that if the Repugs win majorities in both the House and the Senate, there goes any modicum of responsible governance. Biden for who he is is a weak president and the GOP will go back to their usual way of spreading disinformation (Benghazi I, II & III centered around Biden, Peleosi & Garland) and create as much chaos as possible to whitewash Trump's crimes and sabotage Biden's administration to put Trump back in the White House. With Netanyahu elected again, expect the right wing around the world to get energized. I will make a small bet that Boris will be PM again if Sunak falters which is pretty much a given considering their economy. Erdogan is already gaining a lot of influence and Ukraine funding will be subjected to blackmail (land for peace).

This will embolden Russia and China to gain more influence with Rubles and Yuan gaining in value. How this will impact the USD is still question in my mind but if it falters, the GOP as always will point at Biden.

Bigger question is whom are the Democrats grooming to run against Trump? No body that I can see. What I fear is that from the GOP perspective, if Trump is their nominee, great. If its not Trump, even better.

RickeyM 11-06-2022 03:38 PM

Whomever the Dem nominee for pres they ought to be running against tRumpism, not just against tRump.

Oerets 11-06-2022 03:50 PM

The Dems do need an overhaul of messaging.

Rajoo 11-07-2022 10:43 AM

Quote:

Originally Posted by Oerets (Post 412869)
The Dems do need an overhaul of messaging.

and leadership.

Oerets 11-07-2022 12:29 PM

https://www.youtube.com/watch?v=46WZfo1yFkI


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