In the financial world, we call this FUD and FOMO trash. This so happens to be both at the same time.
It's to stir up panic (FUD fear, uncertainty, doubt) to drive in more volume for their own positions (FOMO fear of missing out). Sometimes they'll do a rug pull (liquidating positions after a sensational writing aka pump and dump) for a direction they like, leaving the clueless with less value in their holdings.
Not saying this one in particular is true or not, I'm just pointing out the propaganda for those who have little experience in reading in between the bull shit noise. Biggest case study is covid and how they used that scenario to liquidate their positions, only to come back to buy in at a better value when prices were to their liking.
Me personally, the USD is tied up with too much in 401k portfolios, petro and quantitive easing (money printing go brrrr) that it will truly never crash to the bottomless extent that people think. Most people have auto 401k withdrawals from their wages, so the dollar will always see volume. Petro-dollar on the other hand literally makes commerce, logistics, energy, consumer goods, and everything in between possible. BRICS formally adopting another currency other than USD is like a full blown sanction which would inevitably cause more bullshit false flags to wage more war against. I would hope BRICS has decent risk analysis to foresee this.
Just invest wisely in moderation, don't be overwhelmed with sensationalism, and diversify so that there arent too many eggs in one basket to hedge against both foreseen and unforeseen risk.
In the financial world, we call this FUD and FOMO trash. This so happens to be both at the same time.
It's to stir up panic (FUD fear, uncertainty, doubt) to drive in more volume for their own positions (FOMO fear of missing out). Sometimes they'll do a rug pull (liquidating positions after a sensational writing aka pump and dump) for a direction they like, leaving the clueless with less value in their holdings.
Not saying this one in particular is true or not, I'm just pointing out the propaganda for those who have little experience in reading in between the bull shit noise. Biggest case study is covid and how they used that scenario to liquidate their positions, only to come back to buy in at a better value when prices were to their liking.
Me personally, the USD is tied up with too much in 401k portfolios, petro and quantitive easing (money printing go brrrr) that it will truly never crash to the bottomless extent that people think. Most people have auto 401k withdrawals from their wages, so the dollar will always see volume. Petro-dollar on the other hand literally makes commerce, logistics, energy, consumer goods, and everything in between possible. BRICS formally adopting another currency other than USD is like a full blown sanction which would inevitably cause more bullshit false flags to wage more war against. I would hope BRICS has decent risk analysis to foresee this.
Just invest wisely in moderation, don't be overwhelmed with sensationalism, and diversify so that there arent too many eggs in one basket to hedge against both foreseen and unforeseen risk.