From Dollar Woes to Debt Denial: The USA Is Screwed
The comments below are an edited and abridged synopsis of an article by Matthew Piepenburg
De-dollarization is an all-too-real trend. It is both fascinating and disturbing to see what is being deliberately downplayed, excused or ignored from the top down.
But the laundry list of ignored facts and open lies from the top down to hide hard truths in everything from inflation data to recessionary debt traps is nothing new.
Instead, propaganda replacing transparency is the new normal for all historical endings to debt-soaked (and failing) nations/systems and their fork-tongued (i.e., guilty) policy makers.
Up for discussion: Downplaying the obvious; slow and steady; the US dollar still has legs…for now; then comes change, pain and open denial; facts are stubborn things; we told you so; volatility before debasement; all good until things break; anything but softish; more ignored math from DC; the propaganda from on-high continues; the latest fantasy chart; context helps; out of sight, out of mind; and slowly, then all at once.