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Noel Spangler's avatar

Interesting article! I hadn't really thought much about the parallels to the old Soviet Union. I don't know if I agree on the idea that the collapse of the U.S. Empire would lead to a real "Golden Age" though. Rather, it could just be a phase in the larger global agenda which is moving us in the direction of a One World Gov't run by billionaire technocrats. As Nostradamus and other psychics predicted, we could see a shift in the balance of power from West to East, but it wouldn't cause a rift in the plan for centralized control unless something more extraordinary happens.

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Dan Berg's avatar

two points with which I disagree; first, the dollar as international currency is not an "exorbitant privilege" (see Michael Pettis); (2) the Fed is not (under Powell) "a globalist institution"; it was under Yellon. But the shift from LIBOR to SOFR and draining the world of Eurodollars ; ie from London to NY is not "globalist" (see Tom Luongo)

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