Goodbye to the Dollar

[toomuchtime_]

Never Underestimate Trump.

Goodbye to the Dollar

"The inept and corrupt presidency of Donald Trump has unwittingly triggered the fatal blow to the American empire—the abandonment of the dollar as the world’s principal reserve currency.

"Nations around the globe, especially in Europe, have lost confidence in the United States to act rationally, much less lead, in issues of international finance, trade, diplomacy and war.

"These nations are quietly dismantling the seven-decade-old alliance with the United States and building alternative systems of bilateral trade.

"This reconfiguring of the world’s financial system will be fatal to the American empire, as the historian Alfred McCoy and the economist Michael Hudson have long pointed out."

"McCoy explains what a world financial order untethered from the dollar would look like:

"'For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.'

"'After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency.'

"'Suddenly, there are punitive price increases for American imports ranging from clothing to computers...'"

And who will get the blame, a corrupt, gold-plated con man with the IQ of a senile chimp or immigrant caravans on our southern border?

That must be why NATO has supported Trump's withdrawal from the nuclear arms treaty and why the European nations have followed Trump's lead in opposing Maduro, because the no longer trust American leadership.

Why do liberals hate America so much?

That must be why NATO has supported Trump's withdrawal from the nuclear arms treaty and why the European nations have followed Trump's lead in opposing Maduro, because the no longer trust American leadership.

Maybe European and NATO elites are worried Trump will impose economic sanctions on them and steal their gold if they don't follow the current Washington Consensus dictates?

Washington Consensus - Wikipedia

"The criticism is that workers in the Third World economy nevertheless remain poor, as any pay raises they may have received over what they made before trade liberalization are said to be offset by inflation, whereas workers in the First World country become unemployed, while the wealthy owners of the multinational grow even more wealthy.[35]

"Anti-globalism critics further claim that First World countries impose what the critics describe as the consensus's neoliberal policies on economically vulnerable countries through organizations such as the World Bank and the International Monetary Fund and by political pressure and bribery.

"They argue that the Washington Consensus has not, in fact, led to any great economic boom in Latin America, but rather to severe economic crises and the accumulation of crippling external debts that render the target country beholden to the First World."

And when bribery and political pressure fail?

Seven Years in Iraq: An Iraq War Timeline - TIME

You seem to believe the European nations are developing nations. Are you serious?

The fact is the Europeans agree with Trump's assessment of Russian violations of the treat and the danger the Venezuelan chaos presents to South America but lack the boldness to act on their own, and need American leadership.

The fact is the Europeans agree with Trump's assessment of Russian violations of the treat and the danger the Venezuelan chaos presents to South America but lack the boldness to act on their own, and need American leadership.

Why would you think Trump is capable of leadership?

Goodbye to the Dollar

"The U.S. demand that Germany and other European states halt the importation of Russian gas likewise saw the Europeans ignore Washington.

"China and Russia, traditionally antagonistic, are now working in tandem to free themselves from the dollar. Moscow has transferred $100 billion of its reserves into Chinese yuan, Japanese yen and euros.

"And, as ominously, foreign governments since 2014 are no longer storing their gold reserves in the United States or, as with Germany, removing them from the Federal Reserve.

"Germany has repatriated its 300 tons of gold ingots.

"The Netherlands repatriated its 100 tons."

The US imposed an economic stranglehold on the entire planet in 1945, and every POTUS since then has managed to make that free ride seem benign.

Then came Trump, Bolton, Abrams, and Pompeo and the whole truth came into view.

Again, you are just being silly. You are citing things that happened under Obama and blaming them on Trump. Europeans have always resented American leadership but have most often followed in and in matters of security, nearly always followed it because they understand that without the US they are incapable of defending themselves against their most likely enemies. If you can see, then you have seen the Europeans are following US leadership under President Trump. For decades, US presidents have been complaining about European nationsnot living up to their NATO obligations, but only under the leadership of President Trump have they finally committed to pay their fair share by fixed deadlines; they don't like it, but they understand that without the US they are easy prey for their enemies, and they believe President Trump when he says that if they do not live up to their obligations, he will not commit to defend them if they need it. They may not like Trump, but they take him much more seriously than they did Obama.

And we have just seen them follow President Trump's lead with respect to Russia and Venezuela.

 

[georgephillip]

Never Underestimate Trump.

Goodbye to the Dollar

"The inept and corrupt presidency of Donald Trump has unwittingly triggered the fatal blow to the American empire—the abandonment of the dollar as the world’s principal reserve currency.

"Nations around the globe, especially in Europe, have lost confidence in the United States to act rationally, much less lead, in issues of international finance, trade, diplomacy and war.

"These nations are quietly dismantling the seven-decade-old alliance with the United States and building alternative systems of bilateral trade.

"This reconfiguring of the world’s financial system will be fatal to the American empire, as the historian Alfred McCoy and the economist Michael Hudson have long pointed out."

"McCoy explains what a world financial order untethered from the dollar would look like:

"'For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.'

"'After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency.'

"'Suddenly, there are punitive price increases for American imports ranging from clothing to computers...'"

And who will get the blame, a corrupt, gold-plated con man with the IQ of a senile chimp or immigrant caravans on our southern border?

You libtatds and your

“The Sky Is Falling because of TRUMP” threads are a hoot….

The Sane know you are full of SHIT…

What about you Tards and your penchant for quantitative easing?

You libtatds and your

“The Sky Is Falling because of TRUMP” threads are a hoot….

The Sane know you are full of SHIT…

What about you Tards and your penchant for quantitative easing?

Should Trump thank Obama for America’s economic ‘miracle’? - AEI

"Monthly job growth averaged 211,000 during Obama’s final two years in office vs. 195,000 during the Trump presidency so far. (And faster this year than last through August.)

"If you looked at a long-term chart of job growth, it wouldn’t be immediately apparent when Trump took office or when the tax cuts passed.

"Steady state as she goes (though it is certainly notable that job growth has remained this strong this long into the expansion)."

True Economics: 20/1/17: Obama Legacy: Debt

 

[Toddsterpatriot]

Never Underestimate Trump.

Goodbye to the Dollar

"The inept and corrupt presidency of Donald Trump has unwittingly triggered the fatal blow to the American empire—the abandonment of the dollar as the world’s principal reserve currency.

"Nations around the globe, especially in Europe, have lost confidence in the United States to act rationally, much less lead, in issues of international finance, trade, diplomacy and war.

"These nations are quietly dismantling the seven-decade-old alliance with the United States and building alternative systems of bilateral trade.

"This reconfiguring of the world’s financial system will be fatal to the American empire, as the historian Alfred McCoy and the economist Michael Hudson have long pointed out."

"McCoy explains what a world financial order untethered from the dollar would look like:

"'For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.'

"'After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency.'

"'Suddenly, there are punitive price increases for American imports ranging from clothing to computers...'"

And who will get the blame, a corrupt, gold-plated con man with the IQ of a senile chimp or immigrant caravans on our southern border?

That must be why NATO has supported Trump's withdrawal from the nuclear arms treaty and why the European nations have followed Trump's lead in opposing Maduro, because the no longer trust American leadership.

Why do liberals hate America so much?

That must be why NATO has supported Trump's withdrawal from the nuclear arms treaty and why the European nations have followed Trump's lead in opposing Maduro, because the no longer trust American leadership.

Maybe European and NATO elites are worried Trump will impose economic sanctions on them and steal their gold if they don't follow the current Washington Consensus dictates?

Washington Consensus - Wikipedia

"The criticism is that workers in the Third World economy nevertheless remain poor, as any pay raises they may have received over what they made before trade liberalization are said to be offset by inflation, whereas workers in the First World country become unemployed, while the wealthy owners of the multinational grow even more wealthy.[35]

"Anti-globalism critics further claim that First World countries impose what the critics describe as the consensus's neoliberal policies on economically vulnerable countries through organizations such as the World Bank and the International Monetary Fund and by political pressure and bribery.

"They argue that the Washington Consensus has not, in fact, led to any great economic boom in Latin America, but rather to severe economic crises and the accumulation of crippling external debts that render the target country beholden to the First World."

And when bribery and political pressure fail?

Seven Years in Iraq: An Iraq War Timeline - TIME

You seem to believe the European nations are developing nations. Are you serious?

The fact is the Europeans agree with Trump's assessment of Russian violations of the treat and the danger the Venezuelan chaos presents to South America but lack the boldness to act on their own, and need American leadership.

The fact is the Europeans agree with Trump's assessment of Russian violations of the treat and the danger the Venezuelan chaos presents to South America but lack the boldness to act on their own, and need American leadership.

Why would you think Trump is capable of leadership?

Goodbye to the Dollar

"The U.S. demand that Germany and other European states halt the importation of Russian gas likewise saw the Europeans ignore Washington.

"China and Russia, traditionally antagonistic, are now working in tandem to free themselves from the dollar. Moscow has transferred $100 billion of its reserves into Chinese yuan, Japanese yen and euros.

"And, as ominously, foreign governments since 2014 are no longer storing their gold reserves in the United States or, as with Germany, removing them from the Federal Reserve.

"Germany has repatriated its 300 tons of gold ingots.

"The Netherlands repatriated its 100 tons."

The US imposed an economic stranglehold on the entire planet in 1945, and every POTUS since then has managed to make that free ride seem benign.

Then came Trump, Bolton, Abrams, and Pompeo and the whole truth came into view.

"The U.S. demand that Germany and other European states halt the importation of Russian gas likewise saw the Europeans ignore Washington.

You assclowns were lying about Putin controlling Trump? LOL!

 

[RoshawnMarkwees]

Never Underestimate Trump.

Goodbye to the Dollar

"The inept and corrupt presidency of Donald Trump has unwittingly triggered the fatal blow to the American empire—the abandonment of the dollar as the world’s principal reserve currency.

"Nations around the globe, especially in Europe, have lost confidence in the United States to act rationally, much less lead, in issues of international finance, trade, diplomacy and war.

"These nations are quietly dismantling the seven-decade-old alliance with the United States and building alternative systems of bilateral trade.

"This reconfiguring of the world’s financial system will be fatal to the American empire, as the historian Alfred McCoy and the economist Michael Hudson have long pointed out."

"McCoy explains what a world financial order untethered from the dollar would look like:

"'For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.'

"'After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency.'

"'Suddenly, there are punitive price increases for American imports ranging from clothing to computers...'"

And who will get the blame, a corrupt, gold-plated con man with the IQ of a senile chimp or immigrant caravans on our southern border?

And you’re gonna celebrate.

 

[airplanemechanic]

The US has the largest economy in the world and the strongest.

The dollar isn't going anywhere. We are the world's stabilizing force. Record job growth, record low unemployment, markets hitting 100 records in the first 300 days and record GDP growth are a sign Trump is doing what he said he would do.

The OP and his article are both full of shit.

 

[georgephillip]

Never Underestimate Trump.

Goodbye to the Dollar

"The inept and corrupt presidency of Donald Trump has unwittingly triggered the fatal blow to the American empire—the abandonment of the dollar as the world’s principal reserve currency.

"Nations around the globe, especially in Europe, have lost confidence in the United States to act rationally, much less lead, in issues of international finance, trade, diplomacy and war.

"These nations are quietly dismantling the seven-decade-old alliance with the United States and building alternative systems of bilateral trade.

"This reconfiguring of the world’s financial system will be fatal to the American empire, as the historian Alfred McCoy and the economist Michael Hudson have long pointed out."

"McCoy explains what a world financial order untethered from the dollar would look like:

"'For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.'

"'After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency.'

"'Suddenly, there are punitive price increases for American imports ranging from clothing to computers...'"

And who will get the blame, a corrupt, gold-plated con man with the IQ of a senile chimp or immigrant caravans on our southern border?

That must be why NATO has supported Trump's withdrawal from the nuclear arms treaty and why the European nations have followed Trump's lead in opposing Maduro, because the no longer trust American leadership.

Why do liberals hate America so much?

That must be why NATO has supported Trump's withdrawal from the nuclear arms treaty and why the European nations have followed Trump's lead in opposing Maduro, because the no longer trust American leadership.

Maybe European and NATO elites are worried Trump will impose economic sanctions on them and steal their gold if they don't follow the current Washington Consensus dictates?

Washington Consensus - Wikipedia

"The criticism is that workers in the Third World economy nevertheless remain poor, as any pay raises they may have received over what they made before trade liberalization are said to be offset by inflation, whereas workers in the First World country become unemployed, while the wealthy owners of the multinational grow even more wealthy.[35]

"Anti-globalism critics further claim that First World countries impose what the critics describe as the consensus's neoliberal policies on economically vulnerable countries through organizations such as the World Bank and the International Monetary Fund and by political pressure and bribery.

"They argue that the Washington Consensus has not, in fact, led to any great economic boom in Latin America, but rather to severe economic crises and the accumulation of crippling external debts that render the target country beholden to the First World."

And when bribery and political pressure fail?

Seven Years in Iraq: An Iraq War Timeline - TIME

You seem to believe the European nations are developing nations. Are you serious?

The fact is the Europeans agree with Trump's assessment of Russian violations of the treat and the danger the Venezuelan chaos presents to South America but lack the boldness to act on their own, and need American leadership.

The fact is the Europeans agree with Trump's assessment of Russian violations of the treat and the danger the Venezuelan chaos presents to South America but lack the boldness to act on their own, and need American leadership.

Why would you think Trump is capable of leadership?

Goodbye to the Dollar

"The U.S. demand that Germany and other European states halt the importation of Russian gas likewise saw the Europeans ignore Washington.

"China and Russia, traditionally antagonistic, are now working in tandem to free themselves from the dollar. Moscow has transferred $100 billion of its reserves into Chinese yuan, Japanese yen and euros.

"And, as ominously, foreign governments since 2014 are no longer storing their gold reserves in the United States or, as with Germany, removing them from the Federal Reserve.

"Germany has repatriated its 300 tons of gold ingots.

"The Netherlands repatriated its 100 tons."

The US imposed an economic stranglehold on the entire planet in 1945, and every POTUS since then has managed to make that free ride seem benign.

Then came Trump, Bolton, Abrams, and Pompeo and the whole truth came into view.

"The U.S. demand that Germany and other European states halt the importation of Russian gas likewise saw the Europeans ignore Washington.

You assclowns were lying about Putin controlling Trump? LOL!

"The U.S. demand that Germany and other European states halt the importation of Russian gas likewise saw the Europeans ignore Washington.

You assclowns were lying about Putin controlling Trump? LOL!

"Captain America: Donald Trump is 'Putin's puppet'"

'You stood there like a little wet noodle'

Is Putin happy with his Puppet's performance so far?

"The Deep State is reacting with shock at how this right-wing real estate grifter has been able to drive other countries to defend themselves by dismantling the U.S.-centered world order.

"To rub it in, he is using Bush and Reagan-era Neocon arsonists, John Bolton and now Elliott Abrams, to fan the flames in Venezuela.

"It is almost like a black political comedy.

"The world of international diplomacy is being turned inside-out.

"A world where there is no longer even a pretense that we might adhere to international norms, let alone laws or treaties."

Trump’s Brilliant Strategy to Dismember U.S. Dollar Hegemony

 

[georgephillip]

Never Underestimate Trump.

Goodbye to the Dollar

"The inept and corrupt presidency of Donald Trump has unwittingly triggered the fatal blow to the American empire—the abandonment of the dollar as the world’s principal reserve currency.

"Nations around the globe, especially in Europe, have lost confidence in the United States to act rationally, much less lead, in issues of international finance, trade, diplomacy and war.

"These nations are quietly dismantling the seven-decade-old alliance with the United States and building alternative systems of bilateral trade.

"This reconfiguring of the world’s financial system will be fatal to the American empire, as the historian Alfred McCoy and the economist Michael Hudson have long pointed out."

"McCoy explains what a world financial order untethered from the dollar would look like:

"'For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.'

"'After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency.'

"'Suddenly, there are punitive price increases for American imports ranging from clothing to computers...'"

And who will get the blame, a corrupt, gold-plated con man with the IQ of a senile chimp or immigrant caravans on our southern border?

And you’re gonna celebrate.

And you’re gonna celebrate

If this US dollar loses its reserve status, I will likely become homeless (again)

Why would I celebrate that?

Goodbye to the Dollar

"For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.

"After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency."

 

[Crepitus]

Never Underestimate Trump.

Goodbye to the Dollar

"The inept and corrupt presidency of Donald Trump has unwittingly triggered the fatal blow to the American empire—the abandonment of the dollar as the world’s principal reserve currency.

"Nations around the globe, especially in Europe, have lost confidence in the United States to act rationally, much less lead, in issues of international finance, trade, diplomacy and war.

"These nations are quietly dismantling the seven-decade-old alliance with the United States and building alternative systems of bilateral trade.

"This reconfiguring of the world’s financial system will be fatal to the American empire, as the historian Alfred McCoy and the economist Michael Hudson have long pointed out."

"McCoy explains what a world financial order untethered from the dollar would look like:

"'For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.'

"'After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency.'

"'Suddenly, there are punitive price increases for American imports ranging from clothing to computers...'"

And who will get the blame, a corrupt, gold-plated con man with the IQ of a senile chimp or immigrant caravans on our southern border?

That must be why NATO has supported Trump's withdrawal from the nuclear arms treaty and why the European nations have followed Trump's lead in opposing Maduro, because the no longer trust American leadership.

Why do liberals hate America so much?

You need to support that NATO claim, I heard nothing along those lines.

 

[Toddsterpatriot]

That must be why NATO has supported Trump's withdrawal from the nuclear arms treaty and why the European nations have followed Trump's lead in opposing Maduro, because the no longer trust American leadership.

Why do liberals hate America so much?

That must be why NATO has supported Trump's withdrawal from the nuclear arms treaty and why the European nations have followed Trump's lead in opposing Maduro, because the no longer trust American leadership.

Maybe European and NATO elites are worried Trump will impose economic sanctions on them and steal their gold if they don't follow the current Washington Consensus dictates?

Washington Consensus - Wikipedia

"The criticism is that workers in the Third World economy nevertheless remain poor, as any pay raises they may have received over what they made before trade liberalization are said to be offset by inflation, whereas workers in the First World country become unemployed, while the wealthy owners of the multinational grow even more wealthy.[35]

"Anti-globalism critics further claim that First World countries impose what the critics describe as the consensus's neoliberal policies on economically vulnerable countries through organizations such as the World Bank and the International Monetary Fund and by political pressure and bribery.

"They argue that the Washington Consensus has not, in fact, led to any great economic boom in Latin America, but rather to severe economic crises and the accumulation of crippling external debts that render the target country beholden to the First World."

And when bribery and political pressure fail?

Seven Years in Iraq: An Iraq War Timeline - TIME

You seem to believe the European nations are developing nations. Are you serious?

The fact is the Europeans agree with Trump's assessment of Russian violations of the treat and the danger the Venezuelan chaos presents to South America but lack the boldness to act on their own, and need American leadership.

The fact is the Europeans agree with Trump's assessment of Russian violations of the treat and the danger the Venezuelan chaos presents to South America but lack the boldness to act on their own, and need American leadership.

Why would you think Trump is capable of leadership?

Goodbye to the Dollar

"The U.S. demand that Germany and other European states halt the importation of Russian gas likewise saw the Europeans ignore Washington.

"China and Russia, traditionally antagonistic, are now working in tandem to free themselves from the dollar. Moscow has transferred $100 billion of its reserves into Chinese yuan, Japanese yen and euros.

"And, as ominously, foreign governments since 2014 are no longer storing their gold reserves in the United States or, as with Germany, removing them from the Federal Reserve.

"Germany has repatriated its 300 tons of gold ingots.

"The Netherlands repatriated its 100 tons."

The US imposed an economic stranglehold on the entire planet in 1945, and every POTUS since then has managed to make that free ride seem benign.

Then came Trump, Bolton, Abrams, and Pompeo and the whole truth came into view.

"The U.S. demand that Germany and other European states halt the importation of Russian gas likewise saw the Europeans ignore Washington.

You assclowns were lying about Putin controlling Trump? LOL!

"The U.S. demand that Germany and other European states halt the importation of Russian gas likewise saw the Europeans ignore Washington.

You assclowns were lying about Putin controlling Trump? LOL!

"Captain America: Donald Trump is 'Putin's puppet'"

'You stood there like a little wet noodle'

Is Putin happy with his Puppet's performance so far?

"The Deep State is reacting with shock at how this right-wing real estate grifter has been able to drive other countries to defend themselves by dismantling the U.S.-centered world order.

"To rub it in, he is using Bush and Reagan-era Neocon arsonists, John Bolton and now Elliott Abrams, to fan the flames in Venezuela.

"It is almost like a black political comedy.

"The world of international diplomacy is being turned inside-out.

"A world where there is no longer even a pretense that we might adhere to international norms, let alone laws or treaties."

Trump’s Brilliant Strategy to Dismember U.S. Dollar Hegemony

Counterpunch….DURR

 

[georgephillip]

Never Underestimate Trump.

Goodbye to the Dollar

"The inept and corrupt presidency of Donald Trump has unwittingly triggered the fatal blow to the American empire—the abandonment of the dollar as the world’s principal reserve currency.

"Nations around the globe, especially in Europe, have lost confidence in the United States to act rationally, much less lead, in issues of international finance, trade, diplomacy and war.

"These nations are quietly dismantling the seven-decade-old alliance with the United States and building alternative systems of bilateral trade.

"This reconfiguring of the world’s financial system will be fatal to the American empire, as the historian Alfred McCoy and the economist Michael Hudson have long pointed out."

"McCoy explains what a world financial order untethered from the dollar would look like:

"'For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.'

"'After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency.'

"'Suddenly, there are punitive price increases for American imports ranging from clothing to computers...'"

And who will get the blame, a corrupt, gold-plated con man with the IQ of a senile chimp or immigrant caravans on our southern border?

That must be why NATO has supported Trump's withdrawal from the nuclear arms treaty and why the European nations have followed Trump's lead in opposing Maduro, because the no longer trust American leadership.

Why do liberals hate America so much?

That must be why NATO has supported Trump's withdrawal from the nuclear arms treaty and why the European nations have followed Trump's lead in opposing Maduro, because the no longer trust American leadership.

Maybe European and NATO elites are worried Trump will impose economic sanctions on them and steal their gold if they don't follow the current Washington Consensus dictates?

Washington Consensus - Wikipedia

"The criticism is that workers in the Third World economy nevertheless remain poor, as any pay raises they may have received over what they made before trade liberalization are said to be offset by inflation, whereas workers in the First World country become unemployed, while the wealthy owners of the multinational grow even more wealthy.[35]

"Anti-globalism critics further claim that First World countries impose what the critics describe as the consensus's neoliberal policies on economically vulnerable countries through organizations such as the World Bank and the International Monetary Fund and by political pressure and bribery.

"They argue that the Washington Consensus has not, in fact, led to any great economic boom in Latin America, but rather to severe economic crises and the accumulation of crippling external debts that render the target country beholden to the First World."

And when bribery and political pressure fail?

Seven Years in Iraq: An Iraq War Timeline - TIME

You seem to believe the European nations are developing nations. Are you serious?

The fact is the Europeans agree with Trump's assessment of Russian violations of the treat and the danger the Venezuelan chaos presents to South America but lack the boldness to act on their own, and need American leadership.

The fact is the Europeans agree with Trump's assessment of Russian violations of the treat and the danger the Venezuelan chaos presents to South America but lack the boldness to act on their own, and need American leadership.

Why would you think Trump is capable of leadership?

Goodbye to the Dollar

"The U.S. demand that Germany and other European states halt the importation of Russian gas likewise saw the Europeans ignore Washington.

"China and Russia, traditionally antagonistic, are now working in tandem to free themselves from the dollar. Moscow has transferred $100 billion of its reserves into Chinese yuan, Japanese yen and euros.

"And, as ominously, foreign governments since 2014 are no longer storing their gold reserves in the United States or, as with Germany, removing them from the Federal Reserve.

"Germany has repatriated its 300 tons of gold ingots.

"The Netherlands repatriated its 100 tons."

The US imposed an economic stranglehold on the entire planet in 1945, and every POTUS since then has managed to make that free ride seem benign.

Then came Trump, Bolton, Abrams, and Pompeo and the whole truth came into view.

Again, you are just being silly. You are citing things that happened under Obama and blaming them on Trump. Europeans have always resented American leadership but have most often followed in and in matters of security, nearly always followed it because they understand that without the US they are incapable of defending themselves against their most likely enemies. If you can see, then you have seen the Europeans are following US leadership under President Trump. For decades, US presidents have been complaining about European nationsnot living up to their NATO obligations, but only under the leadership of President Trump have they finally committed to pay their fair share by fixed deadlines; they don't like it, but they understand that without the US they are easy prey for their enemies, and they believe President Trump when he says that if they do not live up to their obligations, he will not commit to defend them if they need it. They may not like Trump, but they take him much more seriously than they did Obama.

And we have just seen them follow President Trump's lead with respect to Russia and Venezuela.

Again, you are just being silly. You are citing things that happened under Obama and blaming them on Trump. Europeans have always resented American leadership but have most often followed in and in matters of security, nearly always followed it because they understand that without the US they are incapable of defending themselves against their most likely enemies. If you can see, then you have seen the Europeans are following US leadership under President Trump

What European "enemies" are you referring to, Russia? Perhaps you've forgotten it was European capitalists who invaded Russia twice during the last century.

As far as Europeans following the Russian puppet, why are they breaking with 70 years of Washington's economic stranglehold?

Trump’s Brilliant Strategy to Dismember U.S. Dollar Hegemony

"Russia and China have already moved to create a shadow bank-transfer system in case the United States unplugs them from SWIFT.

"But now, European countries have come to realize that threats by Bolton and Pompeo may lead to heavy fines and asset grabs if they seek to continue trading with Iran as called for in the treaties they have negotiated.

"On January 31 the dam broke with the announcement that Europe had created its own bypass payments system for use with Iran and other countries targeted by U.S. diplomats.

"Germany, France and even the U.S. poodle Britain joined to create INSTEX — Instrument in Support of Trade Exchanges. The promise is that this will be used only for 'humanitarian' aid to save Iran from a U.S.-sponsored Venezuela-type devastation.

"But in view of increasingly passionate U.S. opposition to the Nord Stream pipeline to carry Russian gas, this alternative bank clearing system will be ready and able to become operative if the United States tries to direct a sanctions attack on Europe."

 

[georgephillip]

Maybe European and NATO elites are worried Trump will impose economic sanctions on them and steal their gold if they don't follow the current Washington Consensus dictates?

Washington Consensus - Wikipedia

"The criticism is that workers in the Third World economy nevertheless remain poor, as any pay raises they may have received over what they made before trade liberalization are said to be offset by inflation, whereas workers in the First World country become unemployed, while the wealthy owners of the multinational grow even more wealthy.[35]

"Anti-globalism critics further claim that First World countries impose what the critics describe as the consensus's neoliberal policies on economically vulnerable countries through organizations such as the World Bank and the International Monetary Fund and by political pressure and bribery.

"They argue that the Washington Consensus has not, in fact, led to any great economic boom in Latin America, but rather to severe economic crises and the accumulation of crippling external debts that render the target country beholden to the First World."

And when bribery and political pressure fail?

Seven Years in Iraq: An Iraq War Timeline - TIME

You seem to believe the European nations are developing nations. Are you serious?

The fact is the Europeans agree with Trump's assessment of Russian violations of the treat and the danger the Venezuelan chaos presents to South America but lack the boldness to act on their own, and need American leadership.

The fact is the Europeans agree with Trump's assessment of Russian violations of the treat and the danger the Venezuelan chaos presents to South America but lack the boldness to act on their own, and need American leadership.

Why would you think Trump is capable of leadership?

Goodbye to the Dollar

"The U.S. demand that Germany and other European states halt the importation of Russian gas likewise saw the Europeans ignore Washington.

"China and Russia, traditionally antagonistic, are now working in tandem to free themselves from the dollar. Moscow has transferred $100 billion of its reserves into Chinese yuan, Japanese yen and euros.

"And, as ominously, foreign governments since 2014 are no longer storing their gold reserves in the United States or, as with Germany, removing them from the Federal Reserve.

"Germany has repatriated its 300 tons of gold ingots.

"The Netherlands repatriated its 100 tons."

The US imposed an economic stranglehold on the entire planet in 1945, and every POTUS since then has managed to make that free ride seem benign.

Then came Trump, Bolton, Abrams, and Pompeo and the whole truth came into view.

"The U.S. demand that Germany and other European states halt the importation of Russian gas likewise saw the Europeans ignore Washington.

You assclowns were lying about Putin controlling Trump? LOL!

"The U.S. demand that Germany and other European states halt the importation of Russian gas likewise saw the Europeans ignore Washington.

You assclowns were lying about Putin controlling Trump? LOL!

"Captain America: Donald Trump is 'Putin's puppet'"

'You stood there like a little wet noodle'

Is Putin happy with his Puppet's performance so far?

"The Deep State is reacting with shock at how this right-wing real estate grifter has been able to drive other countries to defend themselves by dismantling the U.S.-centered world order.

"To rub it in, he is using Bush and Reagan-era Neocon arsonists, John Bolton and now Elliott Abrams, to fan the flames in Venezuela.

"It is almost like a black political comedy.

"The world of international diplomacy is being turned inside-out.

"A world where there is no longer even a pretense that we might adhere to international norms, let alone laws or treaties."

Trump’s Brilliant Strategy to Dismember U.S. Dollar Hegemony

Counterpunch….DURR

306. Chicago Boys and Self-Forgiving the Nature of Neoliberalism | Marlen Vargas Del Razo

 

[Toddsterpatriot]

You seem to believe the European nations are developing nations. Are you serious?

The fact is the Europeans agree with Trump's assessment of Russian violations of the treat and the danger the Venezuelan chaos presents to South America but lack the boldness to act on their own, and need American leadership.

The fact is the Europeans agree with Trump's assessment of Russian violations of the treat and the danger the Venezuelan chaos presents to South America but lack the boldness to act on their own, and need American leadership.

Why would you think Trump is capable of leadership?

Goodbye to the Dollar

"The U.S. demand that Germany and other European states halt the importation of Russian gas likewise saw the Europeans ignore Washington.

"China and Russia, traditionally antagonistic, are now working in tandem to free themselves from the dollar. Moscow has transferred $100 billion of its reserves into Chinese yuan, Japanese yen and euros.

"And, as ominously, foreign governments since 2014 are no longer storing their gold reserves in the United States or, as with Germany, removing them from the Federal Reserve.

"Germany has repatriated its 300 tons of gold ingots.

"The Netherlands repatriated its 100 tons."

The US imposed an economic stranglehold on the entire planet in 1945, and every POTUS since then has managed to make that free ride seem benign.

Then came Trump, Bolton, Abrams, and Pompeo and the whole truth came into view.

"The U.S. demand that Germany and other European states halt the importation of Russian gas likewise saw the Europeans ignore Washington.

You assclowns were lying about Putin controlling Trump? LOL!

"The U.S. demand that Germany and other European states halt the importation of Russian gas likewise saw the Europeans ignore Washington.

You assclowns were lying about Putin controlling Trump? LOL!

"Captain America: Donald Trump is 'Putin's puppet'"

'You stood there like a little wet noodle'

Is Putin happy with his Puppet's performance so far?

"The Deep State is reacting with shock at how this right-wing real estate grifter has been able to drive other countries to defend themselves by dismantling the U.S.-centered world order.

"To rub it in, he is using Bush and Reagan-era Neocon arsonists, John Bolton and now Elliott Abrams, to fan the flames in Venezuela.

"It is almost like a black political comedy.

"The world of international diplomacy is being turned inside-out.

"A world where there is no longer even a pretense that we might adhere to international norms, let alone laws or treaties."

Trump’s Brilliant Strategy to Dismember U.S. Dollar Hegemony

Counterpunch….DURR

306. Chicago Boys and Self-Forgiving the Nature of Neoliberalism | Marlen Vargas Del Razo

Well, between the Chicago Boys and Marx, it's obvious which side you're on.

 

[georgephillip]

The US has the largest economy in the world and the strongest.

The dollar isn't going anywhere. We are the world's stabilizing force. Record job growth, record low unemployment, markets hitting 100 records in the first 300 days and record GDP growth are a sign Trump is doing what he said he would do.

The OP and his article are both full of shit.

The King of Debt "is doing what he said he would do"?
Why would you think that's a good thing?
"The State Of The American Debt Slaves, Q2 2018"

https://seekingalpha.com/article/4196931-state-american-debt-slaves-q2-2018

 

[toomuchtime_]

Never Underestimate Trump.

Goodbye to the Dollar

"The inept and corrupt presidency of Donald Trump has unwittingly triggered the fatal blow to the American empire—the abandonment of the dollar as the world’s principal reserve currency.

"Nations around the globe, especially in Europe, have lost confidence in the United States to act rationally, much less lead, in issues of international finance, trade, diplomacy and war.

"These nations are quietly dismantling the seven-decade-old alliance with the United States and building alternative systems of bilateral trade.

"This reconfiguring of the world’s financial system will be fatal to the American empire, as the historian Alfred McCoy and the economist Michael Hudson have long pointed out."

"McCoy explains what a world financial order untethered from the dollar would look like:

"'For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.'

"'After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency.'

"'Suddenly, there are punitive price increases for American imports ranging from clothing to computers...'"

And who will get the blame, a corrupt, gold-plated con man with the IQ of a senile chimp or immigrant caravans on our southern border?

That must be why NATO has supported Trump's withdrawal from the nuclear arms treaty and why the European nations have followed Trump's lead in opposing Maduro, because the no longer trust American leadership.

Why do liberals hate America so much?

You need to support that NATO claim, I heard nothing along those lines.

Have you heard of Google? No? OK.

BRUSSELS (Reuters) - NATO allies “fully support” the United States’ pending withdrawal notice from the INF nuclear missile pact over Russia’s actions, a statement by the alliance said.

“The United States is taking this action in response to the significant risks to Euro-Atlantic security posed by Russia’s covert testing, production, and fielding of 9M729 ground-launched cruise missile systems,” it said.

“Allies fully support this action.”

NATO allies 'fully support' U.S. action on INF treaty | Reuters

 

[RoshawnMarkwees]

Never Underestimate Trump.

Goodbye to the Dollar

"The inept and corrupt presidency of Donald Trump has unwittingly triggered the fatal blow to the American empire—the abandonment of the dollar as the world’s principal reserve currency.

"Nations around the globe, especially in Europe, have lost confidence in the United States to act rationally, much less lead, in issues of international finance, trade, diplomacy and war.

"These nations are quietly dismantling the seven-decade-old alliance with the United States and building alternative systems of bilateral trade.

"This reconfiguring of the world’s financial system will be fatal to the American empire, as the historian Alfred McCoy and the economist Michael Hudson have long pointed out."

"McCoy explains what a world financial order untethered from the dollar would look like:

"'For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.'

"'After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency.'

"'Suddenly, there are punitive price increases for American imports ranging from clothing to computers...'"

And who will get the blame, a corrupt, gold-plated con man with the IQ of a senile chimp or immigrant caravans on our southern border?

And you’re gonna celebrate.

And you’re gonna celebrate

If this US dollar loses its reserve status, I will likely become homeless (again)

Why would I celebrate that?

Goodbye to the Dollar

"For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.

"After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency."

You celebrate because satisfying your bias is more important than your own welfare.

 

[Toddsterpatriot]

Never Underestimate Trump.

Goodbye to the Dollar

"The inept and corrupt presidency of Donald Trump has unwittingly triggered the fatal blow to the American empire—the abandonment of the dollar as the world’s principal reserve currency.

"Nations around the globe, especially in Europe, have lost confidence in the United States to act rationally, much less lead, in issues of international finance, trade, diplomacy and war.

"These nations are quietly dismantling the seven-decade-old alliance with the United States and building alternative systems of bilateral trade.

"This reconfiguring of the world’s financial system will be fatal to the American empire, as the historian Alfred McCoy and the economist Michael Hudson have long pointed out."

"McCoy explains what a world financial order untethered from the dollar would look like:

"'For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.'

"'After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency.'

"'Suddenly, there are punitive price increases for American imports ranging from clothing to computers...'"

And who will get the blame, a corrupt, gold-plated con man with the IQ of a senile chimp or immigrant caravans on our southern border?

And you’re gonna celebrate.

And you’re gonna celebrate

If this US dollar loses its reserve status, I will likely become homeless (again)

Why would I celebrate that?

Goodbye to the Dollar

"For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.

"After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency."

You celebrate because satisfying your bias is more important than your own welfare.

His assets are all in rubles.

 

[georgephillip]

Never Underestimate Trump.

Goodbye to the Dollar

"The inept and corrupt presidency of Donald Trump has unwittingly triggered the fatal blow to the American empire—the abandonment of the dollar as the world’s principal reserve currency.

"Nations around the globe, especially in Europe, have lost confidence in the United States to act rationally, much less lead, in issues of international finance, trade, diplomacy and war.

"These nations are quietly dismantling the seven-decade-old alliance with the United States and building alternative systems of bilateral trade.

"This reconfiguring of the world’s financial system will be fatal to the American empire, as the historian Alfred McCoy and the economist Michael Hudson have long pointed out."

"McCoy explains what a world financial order untethered from the dollar would look like:

"'For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.'

"'After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency.'

"'Suddenly, there are punitive price increases for American imports ranging from clothing to computers...'"

And who will get the blame, a corrupt, gold-plated con man with the IQ of a senile chimp or immigrant caravans on our southern border?

And you’re gonna celebrate.

And you’re gonna celebrate

If this US dollar loses its reserve status, I will likely become homeless (again)

Why would I celebrate that?

Goodbye to the Dollar

"For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.

"After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency."

You celebrate because satisfying your bias is more important than your own welfare.

His assets are all in rubles.

His assets are all in rubles

They sure are

Trump and Russian Money GO WAY Back ... Lest we forget

 

[Toddsterpatriot]

Never Underestimate Trump.

Goodbye to the Dollar

"The inept and corrupt presidency of Donald Trump has unwittingly triggered the fatal blow to the American empire—the abandonment of the dollar as the world’s principal reserve currency.

"Nations around the globe, especially in Europe, have lost confidence in the United States to act rationally, much less lead, in issues of international finance, trade, diplomacy and war.

"These nations are quietly dismantling the seven-decade-old alliance with the United States and building alternative systems of bilateral trade.

"This reconfiguring of the world’s financial system will be fatal to the American empire, as the historian Alfred McCoy and the economist Michael Hudson have long pointed out."

"McCoy explains what a world financial order untethered from the dollar would look like:

"'For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.'

"'After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency.'

"'Suddenly, there are punitive price increases for American imports ranging from clothing to computers...'"

And who will get the blame, a corrupt, gold-plated con man with the IQ of a senile chimp or immigrant caravans on our southern border?

And you’re gonna celebrate.

And you’re gonna celebrate

If this US dollar loses its reserve status, I will likely become homeless (again)

Why would I celebrate that?

Goodbye to the Dollar

"For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.

"After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency."

You celebrate because satisfying your bias is more important than your own welfare.

His assets are all in rubles.

His assets are all in rubles

They sure are

Trump and Russian Money GO WAY Back ... Lest we forget

You're Trump? Cool!

 

[georgephillip]

You celebrate because satisfying your bias is more important than your own welfare.

My own biases have nothing to do with the historical fact capitalism crashes ever seven or eight years.

Captain Capitalism: Everything BUT GDP Points to a Recession

Trump's neocons have done what no one thought possible. drive Russia and China together while propelling Germany and other European states into the Eurasian orbit. His rare blend of ignorance, arrogance, and racism has led other countries to de-dollarize and replace US economic exceptionalism with their own national interests. MAGA, yet?

 

[Correll]

Never Underestimate Trump.

Goodbye to the Dollar

"The inept and corrupt presidency of Donald Trump has unwittingly triggered the fatal blow to the American empire—the abandonment of the dollar as the world’s principal reserve currency.

"Nations around the globe, especially in Europe, have lost confidence in the United States to act rationally, much less lead, in issues of international finance, trade, diplomacy and war.

"These nations are quietly dismantling the seven-decade-old alliance with the United States and building alternative systems of bilateral trade.

"This reconfiguring of the world’s financial system will be fatal to the American empire, as the historian Alfred McCoy and the economist Michael Hudson have long pointed out."

"McCoy explains what a world financial order untethered from the dollar would look like:

"'For the majority of Americans, the 2020s will likely be remembered as a demoralizing decade of rising prices, stagnant wages, and fading international competitiveness.'

"'After years of swelling deficits fed by incessant warfare in distant lands, in 2030 the U.S. dollar eventually loses its special status as the world’s dominant reserve currency.'

"'Suddenly, there are punitive price increases for American imports ranging from clothing to computers...'"

And who will get the blame, a corrupt, gold-plated con man with the IQ of a senile chimp or immigrant caravans on our southern border?

Good. Our artificially inflated dollar has been a huge handicap for our exports for far too long.