Bitcoinlens

Concerns for US Dollar | 2024

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My concerns for the US Dollar in 2024:

  1. 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 dollars
  • US funding Ukraine/Israel wars with billions of unconditional tax dollars
  • Dollar expansion now between 8-12% per year
  • Stock market gains are not “actual gains”
  • China now selling Billions in US debt and getting this off the books
  • 63 Banks in the US nearing insolvency in the US
  • US Real Estate Market is stagnant (1 out of 3 home buyers are paying with cash in 2024)

    • How can Bitcoin be the solution?

    Not financial Advice

    Hope you enjoyed!

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    BitcoinlensBy Émile