Storm clouds gather over America's financial supremacy

clayhacks 2 hours ago |

The article doesn’t mention it, but related is the global share of the US dollar as the reserve currency has been on a steady decline. Between that and the new payment structures discussed in this article we are rapidly approaching an era without American control on global financial systems. Which is a significant lever for soft power and non-military interventions

inference-god 2 hours ago | |

Yeah, Americans will have to feel the same way as everyone else, basically not having access to unlimited credit. Have fun with it.

At least the libs were owned though :)

johnea 1 hour ago | | |

Truly.

"Make the libtards cry"

Was enough of a hate monger campaign promise, to put the most blatantly corrupt president in US history, in office.

The descent of the US population into abject idiocy has been striking.

archonis 1 hour ago | | |

Smartphones in dumb pockets made it all possible.

johnea 1 hour ago | | |

I think it almost doesn't matter what pockets 8-/

The routinely noted decline in US "educational achievement" correlates most closely, with the propagation in the school aged population, of "smartphones" and the algorithmic websites at which they're aimed.

I've been saying lately: Apple caused the collapse of US educational outcomes.

mertbio 2 hours ago |

Not sure how visible by the people in the US but a lot of companies and governments in Europe are working on many projects to decouple from the American companies for the critical infrastructure.

Visa and Mastercard were mentioned in the article but I would also add PayPal into the list.

pseudolus 3 hours ago |

https://archive.ph/FKgMx

Havoc 2 hours ago |

Was always gonna happen, but recent US unreliability has definitely accelerated it

hirvi74 2 hours ago |

I suppose if one makes this prediction every year, he or she is bound to be right eventually.

inference-god 2 hours ago |

How weird, strange ?