The "most favored nation" status of the U.S. Dollar is the ONLY thing that has been propping up the world markets. If that is lost, then the whole pyramid scheme crumbles. It will be uglier than any economist can imagine...
Maybe that will lead to a return to local manufacturing jobs, so people can actually work and support themselves instead of those jobs being given to many millions of foreign workers.
The "most favored nation" status of the U.S. Dollar is the ONLY thing that has been propping up the world markets. If that is lost, then the whole pyramid scheme crumbles. It will be uglier than any economist can imagine...
Maybe that will lead to a return to local manufacturing jobs, so people can actually work and support themselves instead of those jobs being given to many millions of foreign workers.