Yellen quietly (shhhhh) admits serious dollar collapse fears!!

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There are many other options besides using the US$.
Whatever it is, always on the lookout for trading opportunities.
We could trade outright, or spread (eg spread between US$ and BRICS $).


Let the politicians focus on the fear of the dollar collapsing
and we focus on trading opportunities.

Yellen might Yell later.
 
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I hope you made money with the drop last Thursday. You get a day like that every QTR, but then it just continues to melt straight up. June 24th was the last ALL RED day. LMAO. Going back to beginning of June there has only been 1 DAY where QQQ did not have a green print at some point. This market is always going up, always being pumped. Nothing will stop it.

And the dollar will also never collapse. Another fantasy that is not based in reality. Crypto= ponzi coin. Absolutely worthless garbage that I wish would go to zero, but will be pumped because of the greater fool theory.
 
S2007S said:
Uh oh.....


U.S. Treasury secretary Janet Yellen has warned countries around the world are moving away from the U.S. dollar—as the spiraling $34 trillion U.S. debt pile fuels fears of collapse—with bitcoin and crypto slowly chipping away at dollar dominance.


https://www.forbes.com/sites/digita...-primes-bitcoin-for-a-4-trillion-price-surge/
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Nonsense! Don't fall for this crap. Janet Yellen would never say what the bit-coin-promoter author falsely implies and wants you to believe. Yellen knows that the U.S. has no real debt. She has deep understanding of how our money system works.

Only my underlined part of this quote from the article, buried a few paragraphs into it, is close to what Yellen actually said at the beginning of Russia's invasion of Ukraine: "Yellen has said she fears U.S. financial sanctions will reduce the role of the dollar around the world, as Russia encourages the use of bitcoin and crypto."

Note her remark had nothing whatsoever to do with so-called U.S. debt. Forbes is under the spell of MAGA morons. It's a far right wing piece of shit. This is not journalism nor is it financial news reporting. It's pure crap!
 
Peter8519 said:
Not a forex expert. IF the USD collapse, then which currency to take over? It can't be the rest of the currencies.
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It's not going to collapse unless of course the MAGA Morons take over our Treasury and Central bank. Then, with those idiots in charge, who knows?
 
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