True Colors USA and the West. The End of the USD.
Today the USA and Allies have decided to confiscate Russian oligarchs assets for reconstruction of Ukraine.
I think this is a show of the aging empire the United States and Europe. The US are Trillions in debt and they continue to grow their debt by reckless military spending and money printing.
Yesterday it was Afghanistan taking the Tresury reserves when they left and Freezing Russias foreign Reserves in overseas accounts. Freezining Oligarchs money in America.
Today the USA plans to seize and sell assets of individuals oligarchs.
What is the next the seizure of assets of rich and middle class peoples assets from Russia? Tomorrow who is next the Chinese, ASEAN countries, Africans, Indians, Pakistans.
These are the signs of a nation in desperation and cutting their nose to spite their face.
USA has introduced sovereign risk to USD, USD debt, US property and US stock. I would think twice before buying another US stock because of potential confiscation because they are no longer friends with your country and imagine the collapse of the USD if China no longer wants USD, USD bonds, US property and US stock. They are currently not the best of friends.
The flood gates are opening its time to start getting out and away before it floods.
This is my personal opinion and not investment advice.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Universe宇宙·2022-04-29Who started the Europe Crisis? [Doubt] [Thinking]1Report
- JenLiew·2022-04-29Rveryting going crazy!LikeReport
- G0ldP0t·2022-04-29Thanks for sharingLikeReport
- AlanMario·2022-04-29NiceLikeReport
- Elsa Heng·2022-04-29[Cool]LikeReport
- st1234·2022-04-29.LikeReport
- gangan·2022-04-29niceLikeReport
- Afong·2022-04-29[Miser]LikeReport
- GXZ·2022-04-29hiLikeReport
- Tokeida·2022-04-29👍👍👍LikeReport
- marylampsg·2022-04-29okLikeReport
- QueenLT·2022-04-29hiLikeReport
- tigee·2022-04-29okLikeReport
- ViviSUJU44·2022-04-29OkLikeReport
- TweetyCSL·2022-04-29[Like]LikeReport
- Mrzorro·2022-04-29NiceLikeReport