Max Keiser and Stacy Herbert of the Keiser Report look into company buybacks of the largest US companies which have continued for twenty years, whereas in China enterprise is booming.
Max factors out that earlier than Covid hit, international locations around the globe “have been trapped in a fiat recreation principle.” China and the US had a “symbiotic relationship” the place China had all of the manufacturing capability and the roles whereas the US was the patron, he says.
“Nevertheless, post-Covid there’s a breakdown. China is breaking away from the pack, and it’s clearly establishing itself as not needing the US anymore by way of its ambitions for international financial dominance.”
Max provides that rising US debt will trigger “confidence in US greenback to evaporate,” adopted by hyperinflation and forex collapse.
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