One thing that concerns me that not many people have talked about is what's going to happen to the US dollar as the world's reserve currency? More and more countries want nothing to do with us and while the US dollar has a huge edge over any other currency, the US becoming a pariah is probably going to impact that.
It's fine dude, Trump tweeted threats against any country that tried to get off the USD has the global reserve currency so therefore it definitely won't happen. Or something.
I've wondered about this too.
The USA government has enormous debt, which grows every year due to an enormous deficit. But historically people have been relatively comfortable with just letting that continue to grow, because it is balanced by economic growth and stability (roughly speaking).
But now that the government is somewhat unstable... bad things might happen to the currency. The debt will continue to rise, but the productivity and stability that underpin it are eroding. It may collapse.
The RMB yuan is used in international trade by only eight countries, yet the Chinese economy is not going down the shitter. Has anyone credible tried to quantify the effect of the USD no longer being used as a reserve currency or in international trade?
Yeah, you can read about it in the project 2025 page online....we know what is coming....we have for a few years...
For those who want to watch as the progress bar of doom slowly progresses...
Thanks for posting this link. I had not read through Project 2025 before.
Is it just me or is the US heading into an economic recession? That thing reads like they are trying to destroy social cohesion, the environment, and probably the economy.
That thing reads like they are trying to destroy social cohesion, the environment, and probably the economy.
It sure does. Almost like he was an asset of an adversarial foreign government.
Is it just me or is the US heading into an economic recession?
Everyone but Trump, 77million magas, and Musk thinks so too.
The design of that page makes it a bit too satisfying watching the tracker go up. Like watching an xp bar in a mmo bar go up or something. I'm almost rooting for it despite despising everything it stands for...
If Dems were smart, and assuming we have a fair election next year, they'd have their own "Project 2027" in the works right now.
Of course, no one would believe them because they'll walk half of it back before they lose power again, but it would at least show they're adapting.
If Dems were smart they wouldn't have fucked Bernie in 2016
I think that is definitely the point where the US was at a crossroads.
For me it’s Al Gore losing that was definitely a start of some kind of fall. I know people point to Reagan often, but for me it’s Bush winning and starting all those wars.
That's a very good point. I think you're right.
That was when the US moved from covertly to openly breaking international human rights laws, introduced indefinite detention without trial, legally authorised itself to invade Europe, curtailed civil liberties, and rolled out a multi-national network of surveillance of its own citizens.
It also undercut rational reactions to climate change and normalized working-class right wing pride in having a president who sounds stupid to educated people. All of these things are arguably the groundwork for what they have now.
What we need is a manifesto for Rollback 2016. Any executive order from Trump? Invalid. Any appointment? Rescinded and Trump, Vance and any Trump appointee is removed from office and barred from any public office for life. Any corporation or billionaire that supported Project 2025 is guilty of treason and will have their assets expropriated as compensation. All legislation passed under Trump is summarily repealed. All regulatory decisions made by Trump appointees, likewise. Networks and sites that have repeated foreign propaganda will be sut down and their executives barred from ever running another public corportation and from holding public office. Tax windfalls for the rich from Trump's cuts will be reclaimed.
The Democrats won't do it. Someone will have to.
Iowa passed a law changing their state's interpretation of the Civil Rights Act to be one that excludes Gender Identity, they claimed they were doing it in order to protect women. This marks the first time that a group was removed from a protected status.
Chaos and Anarchy will break out in the US soon, the bad kind though.
not chaos and anarchy. any disruptions to order and civility will get crushed.
people were literally going back in time to try to assassinate him before the election. that should give us an indication of how bad it is going to get.
What's really got me sweating is the fact that we're living in sorta good times. A lot of people are struggling of course, and serious issues are unfolding, but imagine what the world could look like if we get hit by the next Great Recession or Great Depression. Things could quickly go from very bad to much, much worse.
I'm no economist, but I hear the economists are not thrilled with what Trump is doing to the economy. We're headed for a recession at minimum, if those folks are anything to go by.
I thknk you are. I just read through the Project 2025 stuff and it does seem to point to a recession.
As a non American with investments, I'm glad I read it.
Trump is going to get worse until he's stopped. That has always been the case.
asdf
The chuds at the top (most of them, anyways) know that this will likely lead to ww3, and that's been the plan. The US is the preeminent military power, so they feel safe, and there's a shit load of money to be made in war and instability.
The chuds at the bottom voting for US isolationism don't understand just how much an interconnected world benefits them and how bad dedollarization is going to be for them. But then that goes along with a lot of people not understanding the benefits of concepts like soft power, humanitarian aid, foreign assistance, etc.
If the people at the top's plan is actually WW3, then they're stupider than they let on.
Sure, in theory it's profitable, in practice though? All you're left with is a wrecked world that's worse to live in in every possible way, and that's assuming nukes won't fly
It's literally the broken window fallacy, which to me has always been a dead obvious problem. Stability, cooperation, and peaceful progress and development has always, and always will be, much more beneficial to everyone in the long run
These people are literally enemies of humanity
then they’re stupider than they let on
That's a certainty.
These people are literally enemies of humanity
Yes, they are.
God, I so wish that an average American was smart enough to realize this. I feel like all they care about are their gas prices.
global de-dollarisation
This is the real problem for us in the US. Currently debt doesn’t matter: that’s stupid and short sighted but it doesn’t matter. I’m not entirely sure what global de-dollarisation means but US debt is going to matter a hell of a lot more when we’re treated like any other economy
asdf
This will end with blood in the streets.
And American still just going to whine on the internet and do nothing about it.
If anything this has completely vaporized the "checks and balances" democratic system everyone was so obsessed about.
Americans need to update the constitution where people have the power to dethrone a dictator as of right now theres nothing right?
the extent that Trump has gone to remove barriers to committing atrocities likely corresponds to the extent he intends to commit them
I'm just hoping it can stay duct taped together long enough for me to get out of country. I don't know if it will :/ I've been doing the protest thing, donating to resistance efforts, boycotts, building community, been doing all of this for years. I've never seen it tangibly help and I'm one of the first to get black bagged if/when this goes full genocide (am trans). I can't do it anymore, my body is aging, my brain is a disaster. I wish I could keep fighting. At least I can bring my labor somewhere else and stop letting my taxes fund the madness that is the US government
Thank you for doing what you can. It's the only thing we can do. No one can save the world alone.
I hope you get somewhere safe.
Our senators, representatives, and judges who aren't MAGA idiots did take an oath to serve our country and defend the rule of law, right? The fact that Trump is in office illegally (he's a convicted felon, remember) and he and Musk are doing highly illegal, unconstitutional things means you have the duty to gather up an armed force, march into the White House, and forcefully eject Trump, Musk, Vance, and any other MAGA moron, and put the actual victor of the 2024 election after you throw away all of the invalid votes for Trump in Trump's place (Harris).
MAGA idiots are going to lose their shit, yes, but let them. Arrest them, educate them, pacify them, make them understand that this is following the rule of law for the USA. This all has to end. Now. We can't wait for citizens to protest or especially not for a vote that probably won't count or may not even come if Trump gets his way.
Do your fucking duty.
The american people will have to stand up for themselves and it‘s gonna be hard and brutal. Cause no one else can help you with this.
I found the recent developments in Serbia quite interesting and it might help to get an idea what a widespread resistance from the people could look like. Video on Serbia
It's going to require daily nationwide protests going on for months and months with national participation approaching 1-2% of the population (4-8 million) on weekends and clear and actionable demands (resignation of Trump and his goons and corrupt members of the judiciary).
From my experience living in the US, I don't think this is likely (I do hope I am wrong). Geographic size can actually be managed by having many thousands of protest sites by key admin buildings all throughout the country. The bigger issue is perhaps a lack of experience "operationalizing" beliefs and standing up to a thugs and oligarchs.
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