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Comment by Server6

15 days ago

Tanking the currency is literally step 2 in their plan.

https://www.nordea.com/en/news/mar-a-lago-accord-explained-a...

It's obviously the only real end game to this policy. Asia needs to divest itself off US bonds, which China has been slowly doing the background of late. No matter how it plays out, it's looking like higher interest rates, inflation, and foreclosures for everyday citizens and SMEs are going to be on the cards for the US, and it's going to take something akin to religious faith for people to tolerate the hardship on the way to this promised renewed prosperity.