When do you predict the US will lose its currency rating (dollars, bias)
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The normalcy bias causes smart people to underestimate the possibility of a disaster and its effects. In short: People believe that since something has never happened before... it never will. We are all guilty of it... it's just human nature.
Looks like China & Russia are poising, themselves to take over the worlds currency.
What happens when the Saudi's and Arab's quit taking US dollars?
It will not happen unless the current administration is
allowed to continue on it's spending spree
So what have we learned in 2,065 years?
"The budget should be balanced, the Treasury should be refilled, public debt should be reduced,
the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt.
People must again learn to work, instead of living on public assistance."
Cicero - 55 BC
Evidently nothing
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