JUST IN: The Syrian Transitional Government plans to legaliz | Bull_BTC on Binance Square

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JUST IN: The Syrian Transitional Government plans to legalize Bitcoin to help boost the economy and purchase Bitcoin as a reserve asset!
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Bitcoin, Donald Trump's Plan B (2/2) Bitcoin is Donald Trump’s plan B if he fails to persuade the BRICS to stop their rebellion against the dollar. Find the first part of this paper HERE. The chessboard is moving The geopolitical tensions strongly suggest that the question of the international monetary system is once again being questioned. The BRICS no longer want to finance the Americans’ standard of living by placing their reserves in Treasury bonds. Two important factors must be considered to analyze this standoff: The first, as we mentioned, is that the United States has become a debtor nation. This is observed through the current account deficit that began to widen in 1983 before becoming chronic with the rise of globalization in the 1990s. America has paid for these imports with debt financed by the foreign exchange reserves of exporting countries (~$8 trillion). Without this artificial demand, the dollar would have depreciated until the trade balance was rebalanced. This could have helped avoid the dangerous deindustrialization of the country. Today, American politicians and voters are very sensitive to these issues. But there is no miracle solution, apart from cutting spending and imports through tariffs. But beware of retaliation. The essential supply chains of the United States are heavily dependent on imports. The American economy would be paralyzed and would experience monstrous inflation in the event of a total trade war. In other words, Donald Trump would do well to think twice before wielding the threat of a 100% tax on Chinese imports.

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