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If you look at the value of USD vs gold you can argue that the collapse is ongoing.
And if you look at the value of gold vs oil you can see that oil is collapsing.
And if you look at the value of gold vs [btc , surprise is
BTC that is collapsing.
You're taking a small timeframe and declared a collapse, Apple stock collapse a decade ago from 24$ to 12$, was that the end of the company?
Goldbugs have one mantra, every time gold spikes a bit it's the end of the world as we know it, no matter how many times this never happened in the past, this time it will.
funny but look at the china and russia economy the inflation there is even higher then in usa
and nobody dont talk about russia and china?
or im wrong??
Russia is already a failed state, once oil goes down everything goes after it, it has become of such little importance in an economic perspective nobody cares about them anymore.
As for China, people got bored with data from China, everything that comes out of there must have the acceptance of the CCP, everything in those numbers is so fake you have nothing to strat with.
what does the usa have anything else useful for sustaneble living for their own people ?
usa dollars? and army ? what else?
Oil, gas, land, and a lot of food.
The US is a net food exporter while China is a net food importer, the US can survive on its own, China can't.