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SC's avatar

What's crazy right now is that the dollar keeps getting stronger *relative* to the other currencies! So the dollar is collapsing, but the other currencies are collapsing faster. Honestly mind blowing to think about. The USD may be the last one standing...and it's still in really bad shape.

You're going to see continual defaults in developing countries (like we're already seeing in Sri Lanka and Lebanon). Anyone with USD debt outside the US is going to get hammered.

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BowTiedBladeRunner's avatar

Great summary of Weimar Tetra!

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