#8721 ·
Justin James10 said:Sure, James Anderson5 might be right about political pressure, but there’s just no amount of leverage that could force everyone to switch over to using dollars. At the end of the day, it all boils down to trust in a currency. It’s the exact same story when you look at bonds. Honestly, isn't this starting to sound a bit like a conspiracy theory?
As for those bureaucrats holding onto their cushy jobs—they actually have to work incredibly hard just to get fired, which feels like an impossible mission. I even know a philosophy professor who hasn't taught a class in four years, yet the university can't find a way to let him go. It’s a constant game of cat and mouse! Meanwhile, his paycheck hits his account like clockwork. Don't you think these collective bargaining agreements are just fundamentally broken?
We’re never going to see eye to eye on conspiracy theories. If you follow the economy, like Morgan Foster mentioned, certain patterns become pretty obvious. You aren't going to find smoking gun evidence laid out for you, just like you won't find clear explanations for specific political maneuvers here in the States. No one is foolish enough to walk through those steps step-by-step on national news. Instead, you just watch the policies unfold and look at the results. Don't forget how much tension there was recently when it came out that US intelligence agencies were spying on German leaders, or how the French complained about US agencies influencing international business bids. As I said before, you can see the fallout from these kinds of moves right here at home, looking back at the massive corporate collapses we've seen. It’s worth noting that meetings with major investment firms were happening long before those big financial crises hit, which suggests things were being coordinated well in advance. There are endless examples of this worldwide. At the end of the day, the idea of a "free market" is a joke that doesn't exist in reality. It's almost ironic seeing it championed by a country whose foundations are built on such questionable history...
When it comes to bonds, I mean, what kind of sane fund manager would stack them that heavily? You’d think they’d be diversifying to hedge against the massive US national debt... not to mention those artificial credit ratings. Between that and how rigged the global financial system feels—and our own stock market too—it really makes you question if the "free market" and the American economy are even functioning the way we're told. And don't even get me started on derivatives; that whole thing looks like one giant Ponzi scheme. Even with China, you can't influence their bond market easily, though they probably overleveraged themselves early on just to secure trade deals with the West... which forced them to buy back their own holdings later just to stop their portfolios from tanking. Still, they're definitely trying to find ways to move away from being so tied to the dollar...
Justin James10 said:But really, how else could one possibly describe the narrative of a decaying West?
Life isn't exactly black and white, though maybe that's just how things feel around here. We're stuck in this strange mix of old-school bureaucracy and a pretty stripped-down version of capitalism... Communism hasn't worked historically, but I don't see this global brand of capitalism as the answer either. It seems to lack any real ethics, leading to massive abuses that affect everyone. What good is a system that ultimately destroys our oceans, wipes out biodiversity, and leaves us with pollution we won't fix for centuries? And when you consider that the top 1% holds half the world's wealth, you have to wonder what kind of future that builds for humanity. Even the feudal lords used to understand their social responsibility a bit better than today's billionaires...
