IE: US faith in the stability of the dollar will be tested
Rumours of the death of the dollar are exaggerated, but only for now, writes the author of the article for The New Indian Express. The problems with the American currency are increasing, and the cause of this is Washington itself. Ultimately, the US will overplay their hand and lose their political prestige.
At the moment, there is no doubt in the US about the stability of the dollar as a reserve currency. However, considering the country's economic, political, and social problems, this faith will be put to the test.
To paraphrase Mark Twain's famous joke, rumours of the death of the dollar are exaggerated, although its health problems are increasing.
The problems with the dollar are mainly caused by Americans themselves. The unrestrained fiscal and monetary policies of the US - with a budget deficit and government debt at 7% and over 100% of GDP respectively - have reduced the dollar's long-term purchasing power. Since 1972, it has fallen by 99% against gold and lost 90% of its purchasing power in the market for real goods and services.
American politicians have always sought to use the dollar as a weapon to achieve their own goals, thereby compensating for economic weaknesses, such as lack of competitiveness. The US has sought to exclude foreign entities from international payment systems, such as SWIFT.
Washington imposes secondary sanctions to punish individuals and organisations that are not even under US jurisdiction. If a Russian company is under sanctions, anyone doing business with it may be subject to legal action, even if they comply with their own country's laws. This is done through a questionable system of dollar transactions that only pass through the US banking system. International banks and others have already faced legal action for operations that are legal in their own country. The threats are sufficient to disrupt dealings with organisations under US sanctions.
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💥 Our channel: Node of Time EN
🇮🇷🚫🚢 My analysis of the Strait of Hormuz over the last 24 hours.
If the tankers use the Iran route, they are dominantly Iran-related. If the tankers use the Oman route, they are not, and never sanctioned.
I have heard from ship owners that most tankers cannot use the Iran route because the EU has not lifted sanctions on IRGC. Using the Iran route would risk sanctions, making the Oman route the only viable option.
With more conflict going on between IRGC and the US, the visible AIS data on Oman's tanker route is going to go dark again, which means Iran will have to keep escalating in order to completely halt flows.
For the US, the fact that the Oman route might be blocked presents it with a big ultimatum: either the US escalates or gives IRGC control of the Strait of Hormuz. Logic says there's no way that would happen, so escalation will continue.
Given that Trump has made it obvious that he does not want to escalate, I fear that the IRGC would just keep escalating until ...
🇺🇸🇭🇹 I've been told by a friend from Ohio that one of the reasons the elites are so hysterical about Haitians having to go home, even some Republicans, is apartment owners love renting to them, especially if they are paying government-subsidized rents.
Think about the insanity of that. We are subsidizing the rents of foreign nationals, driving up the cost of housing for native Americans by diminishing supply and increasing demand. That is as un-American as anything our government could do to us.
📝 Marko Jukic: A large amount of post-2020 migration in the U.S., Ireland, UK, perhaps other places appears to be a massive bailout for Boomer landlords and hoteliers, where the government imports "refugees" who then are "housed" at their properties with 100% occupancy at government expense.
A major problem for right-wing populists is continuously casting such events in overwrought historical, spiritual, or racial terms when the real villains are their own Boomer parents and ...
Max Igan - Israel, Iran & The Coming Global Shift - Wake Up with Miya - Recorded May 25th 2026
https://rumble.com/v7bxaca-max-igan-israel-iran-and-the-coming-global-shift-wake-up-with-miya-recorded.html
https://odysee.com/@thecrowhouse:2/Israel,-Iran---The-Coming-Global-Shift-Max-Igan:1
https://vigilante.tv/w/so48dLZuh9PE26sikDwo6o