“The United States lives on the borrowed power,” Panker says that the world buys its own messages

Photo of author

By [email protected]


Mohait Moncal, banker with a group of global financial system that compels countries to the deficit of America at the expense of their sovereignty, which is the dominance of the dollar is not only strong, but it is parasite.

In the LinkedIn post, Munjal dismantled the post -World War Second intention that handed over US financial plumbing in the world. From Bretton Woods to the Petro -Petrocruster in the 1970s, he argues that the system has been forged to maintain the dollar at the top – does not exceed the damage it causes elsewhere.

“The country can run balanced budgets, and it has low external debts, but if it has a current account deficit, you must find dollars,” he writes.

“How, by borrowing them or by opening its markets to foreign capital.” He says this pressure has crushed developing economies such as India in 1991, when Forex reserves decreased for only two weeks from the import cover.

Follow the liberation, but not without cost. Foreign capital flow, support the public budget of India – while local assets quietly turned into foreign hands.

Globally, the game plays the same. Countries get dollars through trade, then recycle them in US Treasury bonds. “More than 60 % of the FX World Budgets – 7.5 trillion dollars – are kept in the origin of the US dollar,” Montajal notes.

“In fact, the two countries are forced to return to the United States in the dollar they win.”

This allows America to run a double deficit – the current and current account – while its general debt rises more than 120 % of GDP. However, it maintains an AA+classification. “It will never be allowed for most developing countries to escape from that,” Monjal notes.

It also spares China, describing the deliberate suppression of the yuan a tax on citizens to enhance exports.

Therefore, when states move to restrict foreign direct investment, impose a tariff, or get rid of the dollar, Montaljal argues that they are not “hostile to the United States.” They protect a few of the autonomy they left.

The collapse of the dollar? “No one can predict when,” he writes. “But writing on the wall is now bold, and more countries have begun to read.”



https://akm-img-a-in.tosshub.com/businesstoday/images/story/202507/6874eb255437b-in-effect–countries-are-forced-to-lend-back-to-the-us-the-very-dollars-they-earn-143351624-16×9.png

Source link

Leave a Comment