I been reading about the imminent collapse of the dollar for years now. Everyone from the fr left to the far right has been screaming and trying to scare the American sheeple with the fall of the dollar and subquentially the loss of the American lifestyle.
Bu somehow, stubbornly, the dollar has refused to listen to all these fear mongrels and hasn't fallen. As a matter of fact it's the euro that has fallen, NOT the dollar. And I can safely assure people the dollar ain't gonna fall any time soon regardless what all those know nothings say.
yes I am the first to admit the dollar is a fake currency. Yes t is a fiat currency but even as such it is backed the the most precious the most important substance on the Earth today: oil. When the Russians sell gas and oil to Germany, they get paid in dollars. When the Chinese buy gas and oil they pay in dollars. This act itself gives the dollar a "value", making it worth something. No other world currency enjoys this special privilege. So no matter how shitty the USA economy gets the dollar still retains its value because its the currency the world uses to buy its life blood: oil.
So like it or NOT, the dollar ain't gonna fall any time soon. Maybe later. maybe next week perhaps. But I doubt it.