My concerns for the US Dollar in 2024:
- Saudi PetroDollar agreement expired June 9th- not renewed
BRICS Nations Growth and dramatic slowing the trading of oil using the dollar (Russia, China, India etc)BRICS nations importing of commodities at record pace (more proof of de-dollarisation movement)US Debt Interest now #2 line item on spending. +- 1 Trillion dollarsUS funding Ukraine/Israel wars with billions of unconditional tax dollarsDollar expansion now between 8-12% per yearStock market gains are not “actual gains”China now selling Billions in US debt and getting this off the books63 Banks in the US nearing insolvency in the USUS Real Estate Market is stagnant (1 out of 3 home buyers are paying with cash in 2024)How can Bitcoin be the solution?