This year could be fatal for the dollar


186 years ago, on January 8, 1835, US President Andrew Jackson did something that no other head of the American state did anymore - he paid off the country's debt, writes Sovereignman.com.


Jackson despised banks and considered the national debt immoral. Therefore, he paid the entire $ 5 million. This was the only time in US history that the country had no debt.

But by the end of the same year, the national debt amounted to almost $ 34 thousand, and three years later - $ 3,3 million.By 1847, it had grown to $ 33 million.

During the Civil War, the US national debt reached $ 1 billion.During World War I, it was already $ 10 billion, and during World War II it exceeded $ 100 billion.

In the early 1980s, at the height of the Cold War, the national debt reached $ 1 trillion. In 2008, the US owed $ 10 trillion, which coincided with the global economic crisis. Now the US national debt is almost $ 28 trillion, which is 40% more than the entire the economy country.

There is no doubt that in 2021 the national debt will surpass the $ 30 trillion mark. In 2020, U.S. debt obligations increased by $ 4,5 trillion due to the stimulus program during the COVID-19 pandemic. But this program will not be terminated, since the coronavirus has not yet disappeared.

However, sooner or later the moment will come when the debt will need to be paid. Most investors nowadays are simply reinvesting their (expected) earnings in newly issued bonds. The government is only postponing the repayment time. The US Treasury Department is praying that holders of debt securities will continue to behave this way indefinitely. But - this is unlikely.

China and Japan, the largest holders of US debt, have already begun to gradually get rid of US Treasuries. In February 2020, foreigners owned them in the amount of $ 7,23 trillion, or about 30% of the total national debt, but by October there was a decrease to $ 7,07 trillion. But given the growth of the national debt, the share of foreigners fell to 25% of the total. This is clear evidence that the governments of other states do not want to invest in the US national debt and would like to get their money back. For example, China reduced the number of US debt securities from $ 2013 trillion to $ 2020 trillion from November 1,32 to October 1,07.

Another major holder of the US government debt is the Social Security program, i.e. American citizens. But the coronavirus has literally ruined the trusts and they have nothing to continue to refinance government debt.

In 2021, the United States will need to repay its $ 8 trillion national debt. But the Congressional Budget Office expects a $ 2 + trillion deficit this year due to additional anti-coronavirus measures. Therefore, in 2021, the authorities need to find more than $ 10 trillion.

The only way is that the Fed should print them out of thin air and take part of the national debt on its balance sheet. Now the Fed has $ 7 trillion in debt. Probably, the Fed will soon have $ 10 trillion on its balance sheet with a national debt of $ 30 trillion. This year, the world may finally lose confidence in the dollar and 2021 will become fatal for the American currency.
  • Photos used: https://pixabay.com/
52 comments
Information
Dear reader, to leave comments on the publication, you must sign in.
  1. Alexzn Offline Alexzn
    Alexzn (Alexander) 19 January 2021 10: 14
    -4
    However, sooner or later the moment will come when the debt will need to be paid.

    Not a very clear message! And now the US is not paying the national debt? If new debts cover old ones (common practice) - show them with numbers, otherwise we get chatter!
    Nobody needs the dollar, it will die by the end of the year, the Fed is printing papers ... that's why the strong Russian economy estimates the dying dollar at 73 full-weight rubles! By the end of the year, you will have to look for a new explanation why the donkey did not die, and the padishah is alive. It's not scary, people are already used to it.
    1. 123 Offline 123
      123 (123) 19 January 2021 11: 34
      +6
      Not a very clear message! And now the US is not paying the national debt? If new debts cover old ones (common practice) - show them with numbers, otherwise we get chatter!

      Since it is not clear, I will try to explain. The United States pays not the national debt itself, but the interest on it. The problem is that the placement of a new one is becoming difficult, and without it it will not be easy, they are used to living in a big way. Funding cuts and the system collapses. Foreigners are less and less interested in Treasuries. Most of the Fed's mad printer is pumped through the country's financial system and ends up in the Fed's very basements. This is an analogue of a dropper with saline solution. It is unclear how long they will hold out without inflation, it is now impossible to spread it across the world economy. By the way, Biden promised another 2 trillion to start printing.

      Nobody needs the dollar, it will die by the end of the year, the Fed is printing papers ... that's why the strong Russian economy estimates the dying dollar at 73 full-weight rubles!

      This slogan has long been outdated. The ruble exchange rate is artificially underestimated, this facilitates the fulfillment of social obligations under sanctions and stimulates the development of production within the country. Do you think the ruble exchange rate is the only indicator of the "health" of the dollar?

      By the end of the year, we will have to look for a new explanation for why the donkey did not die, and the padishah is alive. It's not scary, people are already used to it.

      Quite right, there is no need to set specific deadlines, huge systems are characterized by inertia, but the Americans are working hard to approximate it, and this is a fact hi
      1. Alexzn Offline Alexzn
        Alexzn (Alexander) 19 January 2021 14: 28
        -6
        Since it is not clear, I will try to explain. The United States pays not the national debt itself, but the interest on it.

        This is called DEBT SERVICE (public).
        People who buy such debts rely on its servicing, the return of a debt obligation in real practice does not mean the return of the debt itself, but its transfer to a third party. Today there is a danger of a bubble (pyramid) - I did not write in vain, criticizing the current practice - point out the flawed mechanism when the old debt is covered with new debt, and the pressure on the budget is reduced by reserving cash by third countries.

        Do you think the ruble exchange rate is the only indicator of the "health" of the dollar?

        I believe that there are several dozen countries with a similar approach, and, yes - they objectively make the dollar healthier.

        but the Americans are working hard to bring it closer and this is a fact

        While fools live in the world ...
        1. 123 Offline 123
          123 (123) 19 January 2021 14: 50
          +2
          This is called DEBT SERVICE (public).

          That’s what I’m talking about yes If you think that they are paying off the debt, could you please clarify when and by how much it decreased? To whom and how much did they return?

          People who buy such debts rely on its servicing, the return of a debt obligation in real practice does not mean the return of the debt itself, but its transfer to a third party.

          What are you saying belay You probably only count on interest when you lend, and don't even hope to get the debt back? Do you know in advance that the debtor will give it to a third party? laughing

          Today there is a danger of a bubble (pyramid) - I did not write in vain, criticizing the current practice - point out the flawed mechanism when the old debt is covered with new debt, and the pressure on the budget is reduced by reserving cash by third countries.

          In other words, don't you deny that the pyramid has problems, but don't you believe in collapse? I would like to hear the arguments.

          I believe that there are several dozen countries with a similar approach, and, yes - they objectively make the dollar healthier.

          I'm not sure that the higher rate is exactly the recovery. they themselves strive to devalue the dollar, but they are not very successful. The global currency has its pros and cons. Sharp fluctuations in the exchange rate kill reliability and usability, and such a currency quickly ceases to be global.

          While fools live in the world ...

          The most interesting thing is that there are fewer of them, and the rest, apparently, are in the USA. winked
    2. shinobi Offline shinobi
      shinobi (Yuri) 19 January 2021 11: 44
      +1
      In Russia, the dollar rate is kept artificially, in reality it is somewhere in the region of 25-30 rubles. But some people would like to again repeat the trick with a dollar at 100. That's not yours, not ours. Jumps around 75.
  2. Oleg Rambover Online Oleg Rambover
    Oleg Rambover (Oleg Pitersky) 19 January 2021 10: 48
    -6
    Again? And last year he shouldn't have been dumbfounded?

    1. 123 Offline 123
      123 (123) 19 January 2021 11: 22
      -1
      Again? And last year he shouldn't have died?

      Be patient. We'll have to wait a bit yes And don't look at any nasty thing hi
      1. Oleg Rambover Online Oleg Rambover
        Oleg Rambover (Oleg Pitersky) 19 January 2021 12: 18
        -5
        When? It has been said that the West is about to rot for almost 200 years. And the fact that the dollar is a kirdyk I have been hearing for as long as I can remember, for almost 50 years.
        That the first channel is disgusting completely agree with you.
        1. 123 Offline 123
          123 (123) 19 January 2021 12: 26
          +2
          When? They say that the West is about to rot for almost 200 years.

          Are you from the Macleod clan?

          And the fact that the dollar is a kirdyk I have been hearing for as long as I can remember, for almost 50 years.

          You and I are about the same age, I don’t remember such conversations in childhood, apparently the social circle was different laughing
          Besides "VYVSEVRETE", "IT CANNOT BE" The dollar forever, because it is the dollar, are there any arguments? You can then believe in anything, but I would like to hear the substantiation of your point of view.

          That the first channel is disgusting completely agree with you.

          And why are you looking, and even showing us? Do you hate us so much? laughing
          1. Oleg Rambover Online Oleg Rambover
            Oleg Rambover (Oleg Pitersky) 20 January 2021 00: 50
            -2
            Quote: 123
            Are you from the Macleod clan?

            Well, what are you talking nonsense. I just know how to read a little, and I have met all sorts of Slavophiles with primitives mantras about the rotting spiritless west. Few people remember who the Slavophiles are, but the West is rotting.

            Quote: 123
            You and I are about the same age, I don’t remember such conversations in childhood, apparently the social circle was different

            As a child, I was very respectful of cartoons in central newspapers and "Crocodile". There and about the dollar cartoons met


            Quote: 123
            Besides "VYVSEVRETE", "IT CANNOT BE" The dollar forever, because it is the dollar, are there any arguments? You can then believe in anything, but I would like to hear the substantiation of your point of view.

            Nothing is eternal under the Moon. And the dollar too. But in my not sophisticated opinion, rumors about his death are greatly exaggerated.
            To begin with, in the video I cited above, all these spells about the dollar are overvalued, the US national debt is gigantic, no one is buying (or will not be) US bonds were sung 20 years ago. But the dollar is still not falling.
            Secondly, the respected author of the article may not be a stupid person, but I doubt that the heads of finance of the countries of the world are stupider than the author. Therefore, while the dollar is the main settlement and reserve currency, in my opinion, there is no need to worry about it.
            Third, the US economy is gigantic and the national debt is about 100% of the country's GDP. For this indicator, the United States is not even included in the top ten.
            Fourth, while the United States spends on science about the same as the rest of the world combined, I doubt that something will happen to their economies.
            Are you worried about the fate of the yen?
            Or yuan?
            https://iz.ru/936323/vadim-arapov/kitaiskii-puzyr-dolg-podnebesnoi-k-vvp-dostig-160

            Quote: 123
            And why are you looking, and even showing us? Do you hate us so much?

            Well, how, in my opinion, this video turned out to be great to demonstrate the price of forecasting the collapse of the dollar.
            1. 123 Offline 123
              123 (123) 20 January 2021 02: 57
              +1
              Well, what are you talking nonsense. I just know how to read a little, and I have met all sorts of Slavophiles with primitives mantras about the rotting spiritless west. Few people remember who the Slavophiles are, but the West is rotting.

              Fairy tales about Russia, you know, did not start talking yesterday.




              As a child, I was very respectful of cartoons in central newspapers and "Crocodile". There and about the dollar cartoons met

              At that age, the dollar was of little interest to me.

              Nothing is eternal under the Moon. And the dollar too. But in my not sophisticated opinion, rumors about his death are greatly exaggerated.
              To begin with, in the video I cited above, all these spells about the dollar are overvalued, the US national debt is gigantic, no one is buying (or will not be) US bonds were sung 20 years ago. But the dollar is still not falling.

              An interesting hike. smile Themselves posted a video, which in our opinion is disgusting, and now you refute and expose it, as if I presented it as an argument laughing
              Do you continue to debunk contrived arguments? Did I say that no one buys the national debt? It is bought in smaller volumes and this is a fact. Do you want to dispute this? I described above what this will lead to.
              I did not assert that as a result of the events described, the dollar rate will necessarily collapse. I spoke about the lesser demand for the dollar and the American national debt. And that inflation is more and more difficult to smear over the world economy. The fact that this has not happened yet does not mean at all that this event will not occur. If your hair has not turned gray yet, this does not mean at all that you will not age. Who and what told you 20 years ago is not interesting to me. If you want to write to them that they were wrong.
              The dollar does not fall against the ruble, because this is the point of artificially lowering the ruble exchange rate, it is lowered by the same amount or even more. In relation to other currencies, such as gold, the dollar rate changes.

              Secondly, the respected author of the article may not be a stupid person, but I doubt that the leaders of the finances of the countries of the world are more stupid than the author. therefore while In my opinion, the dollar is the main settlement and reserve currency.

              The key word here is for now. Why are "non-stupid finance executives" stopping investing in US government debt and creating parallel payment systems? Maybe because they are really not stupid? The American national debt is less attractive, it is losing its position as a reliable means of capital investment, this will inevitably lead, along with other factors, to a decrease in the role of the dollar in world trade. Again, I did not say that this will come this afternoon.

              Third, the US economy is gigantic and the national debt is about 100% of the country's GDP. For this indicator, the United States is not even included in the top ten.

              There are different estimates. for some, the total debt exceeds 100%. Today on this site I was shown this article, look through, very curious numbers.
              https://yandex.ru/turbo/ria.ru/s/20190911/1558540620.html

              In general, I'm not sure if your data is correct.

              Fourth, while the United States spends on science about the same as the rest of the world combined, I doubt that something will happen to their economies.

              It turns out that the secret of economic sustainability is simple. Invest more in science and everything will be great. Try to defend a thesis on this topic laughing Your doubts are not a convincing argument.

              Are you worried about the fate of the yen?
              Or yuan?

              They don't bother at all. The existing financial system is not based on them, and with all due respect to these currencies, their share in world trade is much lower. But you are right, this is also important because these countries are the largest holders of the American public debt. Their financial instability will still negatively affect the stability of the American one.

              Well, how, in my opinion, this video turned out to be great to demonstrate the price of forecasting the collapse of the dollar.

              We have already discussed this issue and if I am not mistaken we agreed that this is disgusting. Or are you against? If you want to argue with the author of the video, write to him. I honestly didn’t even look through it, I’m not familiar with his argumentation.
    2. Cyril Offline Cyril
      Cyril (Kirill) 19 January 2021 11: 42
      -7
      Let the hooray patriots dream. They have continuous stress.
      1. 123 Offline 123
        123 (123) 19 January 2021 12: 27
        +1
        Let the hooray patriots dream. They have continuous stress.

        What a great opportunity for the Kholui stratum to testify their loyalty to the hegemordor, isn't it? winked Is Illarionva's fate stimulating? laughing
        1. Dear sofa expert. 19 January 2021 13: 15
          +3
          In 2019, in the media, interesting information flashed under the title:

          The real US debt is 18 times more than everyone thought. What will happen now..

          https://yandex.ru/turbo/ria.ru/s/20190911/1558540620.html

          Interesting in my opinion.
          1. 123 Offline 123
            123 (123) 19 January 2021 13: 22
            -2
            Thanks, read hi Curiously, in principle, the information confirms the conclusions.
            1. Dear sofa expert. 19 January 2021 14: 09
              +2
              Curiously, in principle, the information confirms the conclusions.

              Yes. And this information is interesting not so much because it reveals the "underwater part of the iceberg", but because the ways of solving this problem are very limited. The keywords in the article are:

              ... in order to save investors in American debt obligations, it is proposed to sacrifice American citizens, their benefits and pensions, which will maintain formal decency and not undermine the confidence of the investment community in US government bonds.

              That is, they will carry out the accounting on paper in order to “blur” the eyes of such seasoned admirers of all foreign “a'la rambover & co”, but it will not be possible a priori to hide this problem inside their own country.
              The people will not like it, and moreover, they no longer like it, judging by the latest reports “from behind a puddle”.
              1. 123 Offline 123
                123 (123) 19 January 2021 14: 22
                -1
                I agree, but this is already a problem for the Americans themselves. They deserve it, let them enjoy. In my opinion, it is more interesting how this will affect the rest of the world.
                1. Dear sofa expert. 19 January 2021 14: 37
                  +2
                  In my opinion, it's more interesting how this will affect the rest of the world.

                  I think it will affect everyone, but not necessarily in a negative way.
                  As one famous character said, of one equally famous work:

                  For some reason, most people cannot comprehend that on the collapse of civilization you can earn no less money than on the creation of it ...

                  And then there will be (obviously) a crash, and a subsequent (which is logical) creation.
                  1. 123 Offline 123
                    123 (123) 19 January 2021 14: 54
                    -1
                    I'm not sure that it will be a crash, it is too early to draw conclusions, life will show.
                    But you are absolutely right, you need to prepare for this and know how to use it to your advantage. And in my opinion Russia is generally ready for this. hi
        2. Cyril Offline Cyril
          Cyril (Kirill) 20 January 2021 08: 48
          0
          What a great opportunity for the Kholui stratum to testify their loyalty to the hegemordor, isn't it?

          Yeah, you are doing great with your groveling :)

          Is Illarionva's fate stimulating?

          I do not know who Illarionov is, and why it stimulates you somewhere.
          1. 123 Offline 123
            123 (123) 20 January 2021 14: 19
            -1
            I don’t know who Illarionov is, and why it stimulates you somewhere

            It doesn't matter request , we will always help, enlighten, refresh the memory, repeat the reference, and even insert a picture. yes What to do if you have a girl's memory winked 3 days have not passed, and you have forgotten everything repeat

            Andrei Illarionov is the same citizen who imagines himself to be independent, for some reason he decided that he could not only criticize Putin, but also the light-faced elves. As soon as Illarionov allowed himself to doubt who the president of the United States really was, the reaction was immediate. A magic pendel and he is no longer a member of the Cato Institute.
            The libertarian think tank of the USA has not forgiven idle arrogance sad ... What a sad end to a careercrying


            https://www.themoscowtimes.com/2021/01/13/putin-aide-turned-critic-probed-for-us-election-conspiracy-blog-a72595
            1. Cyril Offline Cyril
              Cyril (Kirill) 20 January 2021 15: 05
              -1
              enlighten

              The enlightener of you is so-so. First, master the basics of logic.

              What to do if you have a girl's memory

              I'm fine with her - I'm not obliged to remember all the informational garbage coming from you.

              As soon as Illarionov allowed himself to doubt who the president of the United States really was, the reaction was immediate. A magic pendel and he is no longer a member of the Cato Institute.

              In his article, he not only questioned "who is the president of the United States", but also:

              1) He called the actions of the pro-Trump protesters peaceful (this is a lie);

              2) He called the storming of the Capitol a "provocation of the Democratic Party" (there is no evidence of this either).

              If you do not see the difference between the ethical (political, economic) assessment of an event, which can really be different, and the broadcast of a conspiracy theory, this is your problem. And if no one bothers an ordinary person to broadcast and publicly express conspiracy theories (read something about the QAnon movement), then from a person who calls himself a specialist and holds the position of a "senior researcher", they rightly expect more substantiated statements.

              For if this is suddenly news to you, the institution itself is judged by the employees of the institution.

              Therefore, what is so strange about the fact that the employee who wrote such an article was fired from his job - I cannot imagine. The Cato Institute is private an institution that is free to fire or not fire its employees. Including for such reasons.
              1. 123 Offline 123
                123 (123) 20 January 2021 17: 01
                -1
                I'm fine with her - I'm not obliged to remember all the informational garbage coming from you.

                Selective memory? sad I'm not surprised though.
                As for the "information trash", get used to yes I somehow endure yours sad

                In his article, he not only questioned "who is the president of the United States", but also:
                1) He called the actions of the pro-Trump protesters peaceful (this is a lie);
                2) He called the storming of the Capitol a "provocation of the Democratic Party" (there is no evidence of this either).

                What an interesting position. That is, in Ukraine, Belarus and further down the list, all the demonstrators are peaceful, but in the United States the attitude to "children" is different? Are you saying that these are double standards? Does your statement mean that everyone who spoke about peaceful demonstrators on the Maidan should be kicked out of work? Or is it different? winked

                If you do not see the difference between the ethical (political, economic) assessment of an event, which can really be different, and the broadcast of a conspiracy theory, this is your problem. And if no one bothers an ordinary person to broadcast and publicly express conspiracy theories (read something about the QAnon movement), then from a person who calls himself a specialist and holds the position of a "senior researcher", they rightly expect more substantiated statements.

                Of course, I did not expect any other answer from you. Andrey's fate is very indicative laughing Poking your nose into massive electoral violations is a conspiracy theory laughing a naive young man with a burning gaze simply blurted out the truth without thinking, for which he paid.
                Again, should we have expected "more substantiated statements" about the situation in Russia from "a person who calls himself a specialist and holds the position of a senior researcher"? If this strange person is talking nonsense, then everything he said before has about the same value, or did Trump bite him and he went crazy, and before that was adequate? smile

                For if this is suddenly news to you, the institution itself is judged by the employees of the institution.

                When he broadcast about Russia, the administration of the institution was not so scrupulous about its reputation repeat

                Therefore, what is so strange about the fact that the employee who wrote such an article was fired from his job - I cannot imagine. The Cato Institute is a private institution that is free to fire or not fire its employees. Including for such reasons.

                Totally agree with you. The lackey forgot what they were paying for and imagined himself to be free. for which he paid, indicatively whipping in public for the edification of the rest of the libertarian slaves. laughing
                1. Cyril Offline Cyril
                  Cyril (Kirill) 23 January 2021 11: 18
                  -1
                  Selective memory?

                  It is selective for every person. It is impossible to remember everything in the world.

                  As for the "information trash", get used to

                  Why get used to it if you can just throw it out of your head? Moreover, you will diligently provide it again at my very first word :)

                  I somehow endure yours

                  And I don’t broadcast informational rubbish - only in essence.

                  That is, in Ukraine, Belarus and further down the list, all the demonstrators are peaceful, but in the United States the attitude to "children" is different?

                  In Ukraine first there was a hard dispersal of the tent camp of the protesters.

                  Security officials in Belarus too the first used force against protesters, moreover with a fatal outcome.

                  In the United States, however, force was used against protesters only after of how they broke into the government building and started making a mess.

                  So no, nothing like that

                  Are you saying that these are double standards?

                  I do not claim.

                  If they poke their nose into massive election violations, this is a conspiracy theory laughing, a naive young man with a burning gaze just blurted out the truth without thinking, for which he paid.

                  At first you would have read at least a little bit about what exactly he was fired for. And he was fired not because he pointed out the alleged massive violations in the elections or criticized the actions of the Supreme Court or Congress, but for the postscript to his article, in which he directly accuses the Democratic Party of organizing the provocation. It was this that was regarded as a conspiracy theory.

                  “I no longer work at the Cato Institute,” Illarionov confirmed in his LiveJournal. “As the vice-president of the institute told me, the reason isobsession with postscripts attached to my post in this blog "Arson of the Reichstag -2021".

                  Again, should we have expected "more substantiated statements" on the situation in Russia from "a person who calls himself a specialist and holds the position of a senior researcher"?

                  So this is purely your business, whether or not his statements about Russia are justified or not.

                  If this strange man is talking nonsense, then everything he said before has about the same value, or did Trump bite him and he went crazy, but was adequate before that?

                  Firstly, I am not familiar with Illarionov's articles about Russia. Maybe they have some value, maybe not.

                  Secondly, yes, there are situations when the same person at different times expresses a thought that is different in adequacy. For example, the famous biologist Linus Pauling (Nobel laureate, by the way) towards the end of his life began to extol vitamin C as a panacea for all diseases. His later statements do not in any way devalue the value of his scientific discoveries.

                  Or, for example, Anatoly Fomenko, a really good specialist in mathematics, later began to carry anti-scientific nonsense in his "New Chronology".
                  1. 123 Offline 123
                    123 (123) 23 January 2021 17: 14
                    +1
                    Why get used to it if you can just throw it out of your head? Moreover, you will diligently provide it again at my very first word :)

                    I'm always glad to poke you on my own ... Moreover, I'm ready to do it on a regular basis. Contact yes

                    In Ukraine, at first there was a harsh dispersal of the tent camp of the protesters.

                    It was necessary earlier and tougher, for example, as in the USA
                    Occupy Wall Street. Yanukovych didn't have "Faberge"



                    In Belarus, too, the security forces were the first to use force against the protesters, moreover with a fatal outcome.

                    Lies. negative Pay attention to the dates, the protester was killed on the night from 11 to 12. The criminal case on the attack on the policeman was opened a day earlier.

                    MOSCOW, 11 Aug - RIA News. During the riots in Minsk, which took place on Tuesday night, one protester was killed, the press service of the Belarusian Interior Ministry said.

                    https://ria.ru/20200811/1575616623.html

                    MOSCOW, 10 Aug - RIA News. Anatoly Bagmet, the head of the Moscow Department of the Investigative Committee of the Russian Federation, took personal control of the criminal investigation into the attack on Monday afternoon in Moscow on the investigative officer of the Department of Internal Affairs of the Internal Affairs Directorate of the Western District of the capital, who was hospitalized with numerous injuries, according to a press release from the department, received by RIA Novosti.

                    https://ria.ru/20090810/180411848.html

                    In the United States, however, force was used against protesters only after they entered a government building and began to create disorder there.

                    Use force? An unarmed woman and 3 other people were shot dead with a firearm. Perhaps Yanukovych should have shot all those who seized the "House of Trade Unions" in Kiev?

                    At first you would have read at least a little bit about what exactly he was fired for. And he was fired not because he pointed out the alleged massive violations in the elections or criticized the actions of the Supreme Court or Congress, but for the postscript to his article, in which he directly accuses the Democratic Party of organizing the provocation. It was this that was regarded as a conspiracy theory.

                    He was fired for publicly expressing his point of view. The dictatorship of Democrats and libertarians is distracted by the truth. Did they take it as a conspiracy theory and that's enough?
                    1. Cyril Offline Cyril
                      Cyril (Kirill) 24 January 2021 00: 57
                      -1
                      Always happy to poke you into your own ...

                      Everyone knows about your age-related incontinence problems. And to poke me at the result of your incontinence, your "poke" has not yet grown back.

                      It was necessary earlier and tougher, for example, as in the USA
                      Occupy Wall Street. Yanukovych didn't have "Faberge"

                      You first read at least in the same Wikipedia, how the action "Occupy Wall Street" took place.

                      Lies. negative Pay attention to the dates, the protester died on the night from 11 to 12. The criminal case on the attack on the policeman was opened a day earlier.

                      Excuse me, do you at least read what you quote? If you have problems with this, then here is:

                      MOSCOW, August 11 - RIA Novosti. During the riots In Minsk, which took place on Tuesday night, killed one protester, said the press service of the Ministry of Internal Affairs of Belarus.

                      MOSCOW, August 10 - RIA Novosti. Anatoly Bagmet, the head of the Moscow Department of the Investigative Committee of the Russian Federation, took personal control of the criminal investigation into the attack on Monday afternoon in Moscow on the operative of the Department of Internal Affairs of the Internal Affairs Directorate of the Western District of the capital, who was hospitalized with numerous wounds, according to a press release from the department, received by RIA Novosti.

                      Are you Minsk and Moscow the same city? Trouble ... That is, you not only need to learn logic, but also go to school again, which you obviously skipped?

                      Use force? An unarmed woman and 3 others were shot dead from a firearm.

                      We look:

                      Fifteen police officers were hospitalized, more than 50 were injured. Protesters beat Capitol police officers on the head with lead pipes and other weapons, some of which were disguised as flagpoles... Five people died during or shortly after the event, including one police officer.

                      Capitol Police Officer Brian D. Siknik, 42, a veteran former National Guard, was fatally wounded by protesters. The specific cause of Siknik's death was initially not disclosed, although law enforcement officials told The New York Times that he was hit on the head with a fire extinguisher.

                      Next:

                      Assault member Ashley Babbitt, a 35-year-old veteran of the United States Air Force, was shot in the Capitol by law enforcement while trying to climb through a broken window in the upper half of a barricaded door behind the House of Representatives; she later died of her injuries. A law enforcement spokesman told the Washington Post that police knew many of the protesters had hidden weapons, but believed the deceased was unarmed and the officer who fired the fatal shot was unaware of it at the time.

                      That is, at least some of the storming men had weapons. The police were protecting the government building. The deceased tried to climb through the barricaded door into the government building.

                      So yes, the policeman, whose job is to guard the government building, used a weapon.

                      He was fired for publicly expressing his point of view.

                      He was fired for speaking publicly unreasonable accusing government agencies of organizing the riots that led to the death of people.

                      The dictatorship of Democrats and libertarians is distracted by the truth.

                      So far, only you are bothering you - even Minsk and Moscow have begun to be confused because you have to turn around like in a frying pan.
                      1. 123 Offline 123
                        123 (123) 24 January 2021 01: 54
                        +1
                        Everyone knows about your age-related incontinence problems. And to poke me at the result of your incontinence, your "poke" has not yet grown back.

                        Don't worry, that's enough for you yes

                        Excuse me, do you at least read what you quote? If you have problems with this,

                        You are right, I copied the wrong link by mistake, chose a close date and was mistaken. What does it change? The clashes took place long before August 11 and it’s not true that it all began that night. It's July 24th.



                        We look:

                        Looked yes There is not a word about the woman having a weapon. It was the unarmed woman who was shot. where and why did she climb a second time. Was she trying to escape the protesters? Lead pipes disguised as flagpoles? Not impressive No. On the Maidan, the "peaceful" were armed with more serious weapons, but the United States still considered them peaceful. Double standards and hypocrisy typical of the USA.

                        He was fired for speaking publicly unreasonable accusing government agencies of organizing the riots that led to the death of people.

                        Whether it is justified or not is not known. Was there an investigation? Results known? And what, he cannot have his own opinion on this issue? Yes yes he was fired for daring to express his opinion that does not coincide with the official one. He was gagged for the edification of others.

                        So far, only you are bothering you - even Minsk and Moscow have begun to be confused because you have to turn around like in a frying pan.

                        What pleasure do you find error laughing Review the above video from July 24 again. Let's see how you turn in a frying pan winked
                      2. Cyril Offline Cyril
                        Cyril (Kirill) 24 January 2021 02: 28
                        -1
                        Don't worry, that's enough for you

                        Maybe in the future. While the "poke" you get so-so.

                        You are right, I copied the wrong link by mistake, chose a close date and was mistaken. What does it change?

                        Indeed, what changes the absence of a killed police officer and the presence of a killed protester?) It's such a small thing

                        The clashes took place long before August 11 and it’s not true that it all began that night.

                        And I'm not saying it all started that night. I said that the police in Minsk were the first to use unjustified violence, that took a person's life.

                        I watched your video. Several people bare hands and feet, absolutely no weaponshit the dressed in protective equipment policeman in response to the use of rubber truncheons on unprotected protesters.

                        This policeman did not even lose his balance.

                        Oh yeah, that's so proportionate to the following:

                        Later, journalists found a video in which Taraikovsky stands alone with his hands up in front of the armed security forces, and then falls. No explosions are visible near him. On September 4, another video was released from the side of the Aurora cinema. It shows that Alexander Taraikovsky was shot twice and after the last shot a large blood stain appears on his T-shirt in the chest area, after which he immediately falls to the ground.

                        Taraikovsky is the first lost during the protests in Belarus.

                        And this is only the deceased, and there were even more beaten and mutilated before him.

                        Looked yes There is not a word about the woman having a weapon. It was the unarmed woman who was shot. where and why did she climb a second time.

                        How is it secondary? She climbed into the barricaded area, she climbed into the armed guards. Her associates had weapons with which they had already beaten the police.

                        Lead pipes disguised as flagpoles? Not impressive no On the Maidan, the "peaceful" were heavily armed, but the United States still considered them peaceful.

                        The residents of the tent city, dispersed on the night of November 29-30, were not armed with anything.

                        Rђ RІRѕS, after their dispersal, accompanied by beatings - yes, the protest turned into a violent phase.

                        During the storming of the Capitol, the protest was initially violent and was accompanied by beatings of police officers and the destruction of material property,

                        Whether it is justified or not is not known. Was there an investigation? Results known?

                        Exactly, that there has not yet been any investigation (it is even physically impossible to carry out in such a short time), and Illarionov has already accused the police and the Democratic Party of organizing the riots.

                        like yes yes he was fired for daring to express his opinion that does not coincide with the official one.

                        No, he was fired for unfounded charges.

                        He was gagged for the edification of others.

                        Who gagged him? Was he denied the right to speak? No. He kept his blog and keeps it. Access to this blog is open and free. Was he hid in jail? Also no, Illarionov is free. He was not even kicked out of the country.

                        So he was simply fired by the management of a private institution for starting to unreasonably throw accusations.

                        What pleasure do you find error

                        Estessno. It also clearly demonstrates your incompetence.

                        Let's see how you turn winked in a frying pan

                        So far, you are spinning, trying to equate the response of the protesters to the batons and the murder of an unarmed man.
                      3. 123 Offline 123
                        123 (123) 24 January 2021 02: 47
                        0
                        Indeed, what changes the absence of a killed police officer and the presence of a killed protester?) It's such a small thing

                        Do not play around. It didn't start with a dead protester, and you know that. The facts are above.

                        And I'm not saying it all started that night. I said that the police in Minsk were the first to use unjustified violence, that took a person's life.
                        Do not lie No. Here is your quote, with the emphasis on the word first. I gave you an example of the use of force by both sides long before this event.

                        Security officials in Belarus too the first used force against protesters, moreover with a fatal outcome.

                        Oh yeah, that's so proportionate to the following:
                        Later, journalists found a video in which Taraikovsky stands alone with his hands up in front of the armed security forces, and then falls.

                        What if they thought that he had a weapon or his associates? After all, in the Capitol, you say that is enough to shoot a woman. Why are Belarusians worse?

                        Taraikovsky is the first person killed during the protests in Belarus.
                        And this is only the deceased, and there were even more beaten and mutilated before him.

                        Count how many there were in the United States and long before the Capitol.

                        Exactly, that there has not yet been any investigation (it is even physically impossible to carry out in such a short time), and Illarionov has already accused the police and the Democratic Party of organizing the riots.

                        So what? This is the norm for the United States. There is no evidence of Russian interference in the elections, but there are sanctions. There are a lot of examples. There, no one bothers with such trifles, if it does not concern Democrats. laughing And then they shut their mouths.

                        So he was simply fired by the management of a private institution for starting to unreasonably throw accusations.

                        If they did this to everyone, there would be no one to work laughing

                        Estessno. It also clearly demonstrates your incompetence.

                        This demonstrates my humanity. It is human nature to make mistakes, and wise people admit their mistakes and correct them. I did it, but somehow it does not grow together with you request

                        So far, you are spinning, trying to equate the response of the protesters to the batons and the murder of an unarmed man.

                        So far, you are lying, blaming the Belarusian militia (that the security forces in Belarus were the first to use force in the general context, that this is how it all began) and demonstrate double standards. In this case, for Belarus and the United States.
                      4. Cyril Offline Cyril
                        Cyril (Kirill) 24 January 2021 03: 31
                        -1
                        Do not play around. It didn't start with a dead protester, and you know that. The facts are above.

                        Don't lie no Here is your quote, and the emphasis is on the word first. I gave you an example of the use of force by both sides long before this event.

                        The video you cited as a fact clearly demonstrates that the police were the first to use force :) The protesters began to fight in response.

                        What I was talking about in this quote:

                        Security officials in Belarus too the first used force against protesters, moreover with a fatal outcome.

                        Thank you for confirming my words with your video :)

                        What if they thought that he had a weapon or his associates? After all, in the Capitol, you say that is enough to shoot a woman. Why are Belarusians worse?

                        Do you read worse at night? Taraikovsky standing in front of the police hands up.

                        The murdered woman in the Capitol tried to break through into a barricaded area. She did not raise her hands.

                        Count how many there were in the United States and long before the Capitol.

                        We are considering two specific cases. More precisely, YOU compared 2 specific cases.

                        So what? This is the norm for the United States. There is no evidence of Russian interference in the elections, but there are sanctions. There are a lot of examples. There no one bothers with such trifles, if it does not concern the democrats laughing And then they shut their mouths.

                        Once again, for those who are especially dull - no one shut Illarionov's mouth. His blog was not closed, he was not arrested, he was not expelled from the country. He was simply fired from the PRIVATE institution by everyone.

                        If they did this to everyone, there would be no one to work

                        Speculation.

                        This demonstrates my humanity. It is human nature to make mistakes, and wise people admit their mistakes and correct them.

                        Incompetence does not exclude humanity.

                        I did it, but somehow it does not grow together with you

                        And I don’t make such stupid mistakes.

                        So far, you are lying blaming the Belarusian militia (that the security forces in Belarus the first to use force and in the general context that it all started from this)

                        So they were the first to use force. You even confirmed it with your video :)

                        So I'm not lying anywhere.
          2. Cyril Offline Cyril
            Cyril (Kirill) 23 January 2021 11: 23
            -1
            When he broadcast about Russia, the administration of the institution was not so scrupulous about its reputation

            It depends on what he was broadcasting. I don’t know, I haven’t read Illarionov, therefore I cannot say anything about whether he is right or wrong in his articles about Russia.

            Totally agree with you. The lackey forgot what they were paying for and imagined himself to be free. for which he paid, indicatively whipping in public for the edification of the rest of the libertarian slaves. laughing

            once again, he "paid" not for his opinion, but for broadcasting the conspiracy theory.
            Well, no one "publicly ripped him out" - they simply fired him, explaining a specific reason.
            1. 123 Offline 123
              123 (123) 23 January 2021 17: 21
              0
              It depends on what he was broadcasting. I don’t know, I haven’t read Illarionov, therefore I cannot say anything about whether he is right or wrong in his articles about Russia.

              To deny a former ally who fell into disgrace is so typical for a "get-together" laughing

              once again, he "paid" not for his opinion, but for broadcasting the conspiracy theory.

              Who decided it was a conspiracy theory? This is just their point of view. Why are they not subjected to repression because of her? Freedom of speech in the hegemordor has finally died in Bose. negative

              Well, no one "publicly ripped him out" - they simply fired him, explaining a specific reason.

              It was he who was "whipped in public" for the edification of others. court according to you, it works wink
              1. Cyril Offline Cyril
                Cyril (Kirill) 24 January 2021 00: 12
                -1
                To deny a former ally who fell into disgrace is so typical for a "get-together"

                How can you disown someone I only found out about a couple of days ago, and even then from you? I did not impose myself on Illarionov as friends, acquaintances, or at least followers, in order to "disown" him.

                Who decided it was a conspiracy theory?

                Read the definition:

                Conspiracy theory (from the English conspiracy theory "conspiracy theory"), also known as conspiracy (literally: "doctrine (science) of a conspiracy" from the English conspiracy "conspiracy" + Greek. Λόγος "doctrine, science") - a concept that declares certain socially significant events, certain historical phenomena, or even the course of history as a whole, as the result of a conspiracy on the part of a certain group of people (state within a state, world government), who control this process out of self-interest, ambition or other group, clan and other interests.

                Illarionov in the postcripts in the article bluntly said that the capture of the Capitol was a provocation organized by the police together with the Democratic Party (that is, a conspiracy). And as an "argument" he showed a video in which a group of people, which was allegedly first among the anti-Trump demonstrators, then allegedly climbed into the ranks of the storming people and provoked a pogrom.

                Freedom of speech in the hegemordor has finally died in Bose.

                Let me remind you again that the Cato Institute is not a government organization. The principle of freedom of speech implies it refers specifically to the state. The American state did not apply any sanctions against Illarionov for his post. He was simply fired by the management of the non-governmental organization in which he worked.

                It was he who was "whipped in public" for the edification of others.

                He was simply fired. Illarionov himself spoke about the dismissal "in public".
  • Jarilo Offline Jarilo
    Jarilo (Sergei) 19 January 2021 11: 41
    +2
    The only solution to this problem for the American economy can be war. It is predicted this year.
  • Xuli (o) Tebenado 19 January 2021 13: 15
    -7
    Yes, it will become fatal :))

    If 1 ruble were = $ 74, then I would be worried about that $. But while $ 1 = 74 rubles, I'm somehow more worried about the fate of the latter.

    Poor, unfortunate "printing press"! It's time for our homegrown propaganda group to get used to it: those $$$ "damned Yankees" are already "typing" with mouse clicks. Leave your "printing press" alone.
    1. 123 Offline 123
      123 (123) 19 January 2021 13: 26
      0
      If 1 ruble were = $ 74, then I would be worried about that $. But while $ 1 = 74 rubles, I'm somehow more worried about the fate of the latter.
      Poor, unfortunate "printing press"! It's time for our homegrown propaganda group to get used to it: those $$$ "damned Yankees" are already "typing" with mouse clicks. Leave your "printing press" alone.

      Is it enough for the collapse of the dollar that the exchange rate of the ruble was different? For $ 1 - $ 74 and the buck is over? Is this your only conclusion, or what else do you have to communicate?
      1. Xuli (o) Tebenado 19 January 2021 16: 31
        -6
        I don't have to ask you what and how to say!
        For those wishing to say something on the topic of the opus, there is a special section "comments".
        Don't you like my thoughts? - so this is exclusively your problem.
        1. isofat Offline isofat
          isofat (isofat) 19 January 2021 17: 01
          +1
          Xuli (o) Tebenado... I do not know where you were hired, but knowledge of the Russian language, apparently, was one of the main ones.

          So the benefits from you were found, tighten our knowledge of the Russian language. Thank you in advance. smile

          PS We will deal with your thoughts later. hi
        2. 123 Offline 123
          123 (123) 19 January 2021 17: 15
          0
          I don't have to ask you what and how to say!
          For those wishing to say something on the topic of the opus, there is a special section "comments".
          Don't you like my thoughts? - so this is exclusively your problem.

          Why then? On the contrary, I really liked them. Very curious reasoning, they interested me very much. How one can come to such a conclusion is a mystery to me. I was hoping you would reveal it. Ships all over in vain, mystery will die with us. The point of view is not original, many immediately nod to the exchange rate, but as a rule, this is where it all ends. You are no exception No.
          The fact that our opinions do not coincide is normal. You have expressed your point of view, I have my views on this matter. For this and comments. Did you think it was for your self-affirmation? Spat and went ... Be careful, sometimes return lines arrive here laughing
        3. isofat Offline isofat
          isofat (isofat) 19 January 2021 17: 44
          +2
          Quote: Xuli (o) Tebenado
          Don't you like my thoughts? - so this is exclusively your problem.

          This is a common problem, I don't like your thoughts either. repeat
        4. Fourth Horseman (Fourth Horseman) 19 January 2021 18: 11
          +1
          And what about the caps?
          What kind of tantrum?
          Neurotic exacerbation?
        5. The comment was deleted.
        6. The comment was deleted.
  • Alexzn Offline Alexzn
    Alexzn (Alexander) 19 January 2021 14: 42
    -3
    Quote: Dear sofa expert.
    https://yandex.ru/turbo/ria.ru/s/20190911/1558540620.html

    About nothing.
    Everything is piled up in one heap. There are a hell of a lot of types of debt that differ in substance or nuance. State, external, sovereign, national, total households, public ...
    When they begin to mechanically combine everything, wild values ​​are obtained.
    1. 123 Offline 123
      123 (123) 19 January 2021 14: 55
      -1
      About nothing.
      Everything is piled up in one heap. There are a hell of a lot of types of debt that differ in substance or nuance. State, external, sovereign, national, total households, public ...
      When they begin to mechanically combine everything, wild values ​​are obtained.

      There is one word that unites them - debt and it, as it were, implies recurrence.
    2. Dear sofa expert. 19 January 2021 16: 03
      +1
      About nothing.
      Everything is piled up in one heap.

      Claims to the analysis of the financial company AllianceBernstein.

      I just shared what I read.

      For those who can read and understand what has been written, this information is interesting.
  • Alexzn Offline Alexzn
    Alexzn (Alexander) 19 January 2021 15: 26
    0
    Quote: 123
    About nothing.
    Everything is piled up in one heap. There are a hell of a lot of types of debt that differ in substance or nuance. State, external, sovereign, national, total households, public ...
    When they begin to mechanically combine everything, wild values ​​are obtained.

    There is one word that unites them - debt and it, as it were, implies recurrence.

    Of course. But ... You have to understand the nature of debt. I have already written that the richest countries in the world have the highest external debts - Luxembourg, Liechtenstein, Switzerland and they do not care about the size of the debt, but do everything to increase them.
    Yes, the situation with the dollar is dangerous for the world economy.
    And we must also understand that the dollar is also saved by the fact that the bulk of other currencies issuers behave much more irresponsibly than the Fed.
    1. 123 Offline 123
      123 (123) 21 January 2021 05: 04
      0
      Of course. But ... You have to understand the nature of debt. I have already written that the richest countries in the world have the highest external debts - Luxembourg, Liechtenstein, Switzerland and they do not care about the size of the debt, but do everything to increase them.

      Should they be considered rich if everyone is in debt?

      And we must also understand that the dollar is also saved by the fact that the bulk of other currencies issuers behave much more irresponsibly than the Fed.

      True? Who for example?
  • Jacques sekavar Offline Jacques sekavar
    Jacques sekavar (Jacques Sekavar) 19 January 2021 16: 05
    +3
    If there is a financial crisis, which is superimposed by the coronavirus and a split among the ruling class, then it is quite possible that the centrifugal forces and the separation of some states will grow, the possibility of which is ruled out by the Constitution - which is not a reason for civil war.
  • Dmitry S. Offline Dmitry S.
    Dmitry S. (Dmitry Sanin) 19 January 2021 16: 52
    +1
    What will happen to the IT giants? The whole world is already accustomed to new processors, video cards, phones. If there is a deep financial crisis in the United States, then what will it break? Not the defense industry? I don't care about their fast food, I haven't seen American clothes, only a few writers. Will the TV series stop filming? In general, I wonder how it turns out that the dollar, which is not backed by anything, is the main world currency. It's clear with Bitcoin - people pay for privacy. Enter the names of the owners - no one will need it. And the dollar? The Ministry of Finance monitors all transactions and freezes accounts at any time.
    1. 123 Offline 123
      123 (123) 19 January 2021 17: 39
      -1
      What will happen to the IT giants? The whole world is already accustomed to new processors, video cards, phones

      In my opinion, the question is correct good It will not do without consequences. The Chinese do not release everything. But a holy place is never empty. Perhaps this will become an incentive for import substitution and the development of its own production in this area.

      If there is a deep financial crisis in the United States, what will it break? Not the defense industry?

      Why not? If funding is cut, problems cannot be avoided. Remember our 90s.

      In general, I wonder how it turns out that the dollar, which is not backed by anything, is the main world currency.

      Probably it would be more correct to ask why so far ... How he became them full of information. hi
  • gorenina91 Offline gorenina91
    gorenina91 (Irina) 19 January 2021 20: 44
    +1
    This year could be fatal for the dollar

    - Yes, the dollar has something to "fear fatality" ...
    - In general, the dollar itself .., "what a drawbar ... - where I turned - there it came out" ...
    - So ... what the law, what the dollar ... - where they are deployed ... - there "the boat will float" ...
    - The primitive arguments of "some very respected here" about ... about the national debt, about the interest on the national debt are simply amazing ...
    - All these simple maxims are obviously intended to glorify their master as a great connoisseur ... - Well, well ... - judging by the presence of "+" - it rolls ... - And the pluses "serve interest"; previously obtained advantages ... - The scheme is primitive, but in certain cases quite effective ... - So with the dollar and with the public debt, about the same thing happens ... - Hahah ...
    - As for the real ... the topic itself, then ... then ... then why this dollar suddenly becomes "not comme il faut" ... ???
    - After all, all these ... - government debt; government debt service; interest on government debt and so on ... - all this, roughly speaking ... - nothing more than ... how ... like "the institute of rentier vice versa" ... - Even this "institute of rentier" is older and himself the dollar will be ... - it has already existed for several centuries ... - and is still "alive" ... - Hahah ...
  • Alexzn Offline Alexzn
    Alexzn (Alexander) 20 January 2021 10: 48
    0
    Quote: 123
    What are you saying? You probably only count on interest when you lend, you don’t even hope to get the debt back? Do you know in advance that the debtor will give it to a third party?

    Quote: 123
    This is called DEBT SERVICE (public).

    That’s what I’m talking about yes If you think that they are paying off the debt, could you please clarify when and by how much it decreased? To whom and how much did they return?

    People who buy such debts rely on its servicing, the return of a debt obligation in real practice does not mean the return of the debt itself, but its transfer to a third party.

    What are you saying belay You probably only count on interest when you lend, and don't even hope to get the debt back? Do you know in advance that the debtor will give it to a third party? laughing

    Today there is a danger of a bubble (pyramid) - I did not write in vain, criticizing the current practice - point out the flawed mechanism when the old debt is covered with new debt, and the pressure on the budget is reduced by reserving cash by third countries.

    In other words, don't you deny that the pyramid has problems, but don't you believe in collapse? I would like to hear the arguments.

    I believe that there are several dozen countries with a similar approach, and, yes - they objectively make the dollar healthier.

    I'm not sure that the higher rate is exactly the recovery. they themselves strive to devalue the dollar, but they are not very successful. The global currency has its pros and cons. Sharp fluctuations in the exchange rate kill reliability and usability, and such a currency quickly ceases to be global.

    While fools live in the world ...

    The most interesting thing is that there are fewer of them, and the rest, apparently, are in the USA. winked

    What is the purpose of lending to states? Precisely in order to receive interest, and often just to save money. US government debt securities are low-yielding, but highly liquid. High liquidity is ensured by a fairly high demand in the market. You did not understand the message about transferring the debt to a third party. The lender receives his money on demand, but the minus formed on the account of the Ministry of Finance is covered by the sale of debt obligations by the amount of the minus to a third party.
    If you have not forgotten, then Russia easily returned $ 90 billion in American securities, which were gladly purchased by other investors.
  • Alexzn Offline Alexzn
    Alexzn (Alexander) 21 January 2021 09: 51
    0
    Quote: 123
    Of course. But ... You have to understand the nature of debt. I have already written that the richest countries in the world have the highest external debts - Luxembourg, Liechtenstein, Switzerland and they do not care about the size of the debt, but do everything to increase them.

    Should they be considered rich if everyone is in debt?

    And we must also understand that the dollar is also saved by the fact that the bulk of other currencies issuers behave much more irresponsibly than the Fed.

    True? Who for example?

    You may not consider Switzerland a rich country, who forbids? You can also ignore Luxembourg. Just for the occasion, take a car and drive on them ... They don't need us to think they are rich, they are too rich. They have external debt against the background of a low national debt, these are very responsible financial systems, and they keep on.
    Of the 206 currencies, 140 had higher inflation than the US (2019), i.e. the dollar was growing against these currencies - in its most simplified form, the issue of the dollar was slower than the issue of these currencies.