Nabil Fares
Apr 12, 2023

The US economy is about 80% services and ultimately based on the dominance of the dollar. World reserves in dollars is around 10 to 15 trillion dollars. It used to be much higher 20 years ago, but it is still around 60% of world reserves. That reserve is basically the empire’s tax on the rest of the world. It costs almost nothing compared to the goods and services it got in return.

What happens if a large part of that flushes back into the US and the equivalent of those trillions goes to China, Russia and other BRICS countries?

Indeed, time will tell unless the US starts a nuclear war …

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